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PFR Biznest

PFR Biznest

Funds pre-seed and seed Polish startups through managers partnering with angel investors.

Between cyclesPFR VenturesPoland
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About

PFR Biznest is a pre-seed and seed equity fund-of-funds program run by PFR Ventures, the venture arm of Poland's state-owned Polish Development Fund. It is specifically designed to pair experienced VC fund management teams with business angel networks, channeling institutional capital into the earliest stage of the Polish startup ecosystem. The total program budget is PLN 232 million. Portfolio fu…

What this grant funds

Funds pre-seed and seed VC fund managers that co-invest alongside business angel networks in early-stage Polish startups, with per-company tickets capped at PLN 5 million.

Key facts
CycleiHow often this grant runs — e.g. annually, on a rolling basis, or a one-off call.Multiple per year
Next deadlineiThe next date applications are due. Rolling means you can apply any time.—
Decision timeiTypical time from the deadline to the funder's decision.—
Project durationiHow long the funded work is expected to run.—
Award typeiThe form of funding — grant, equity, loan, tax credit, etc.Equity
Match fundingiThe share of project costs you must cover yourself. 0% = fully funded.40%
Funding pooliThe total budget available across all awards in this round.zł 232M
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Last verified: 24 Jul 2026Source: pfrventures.pl