APER Ventures is META's third fund in Poland. Building on Ingenium Poland, it will be dedicated to SMEs implementing "open innovation" technological projects in Poland.
Financing is provided through venture capital funds involving private investors, such as large industrial companies, who can provide "smart money" - able to validate the technology and deploy their experience, competences and contacts to create new commercial opportunities for the SMEs.
An indirect objective of the Fund is also to develop the market of venture capital funds and investment teams, and so increase the activity of private investors in technology-oriented SMEs.
While APER Ventures will coexist with META's "Proof of Concept" Xplorer Fund in Poland, the two funds compement, rather than compete, with each other: while Xplorer Fund finances projects to develop a MVP (minimum viable product), APER Ventures will focus on projects which already have one.