The fund has now reached €100 million in national commitments from five promotional banks: BID (Romania), BGK (Poland), NRI (Czechia), MFB (Hungary), and HBOR (Croatia). The European Investment Fund plans to match these contributions, aiming to mobilise at least €1 billion through private equity, venture capital, and private credit investments.

The fund targets companies operating between the Baltic, Black, and Adriatic seas, focusing on strengthening competitiveness, supporting innovation, and accelerating green and digital transitions across sectors from technology to traditional industries.

"The 3SI Innovation Fund is a platform for regional development. With BID on board, we are reinforcing a more integrated, innovative Europe," said EIF Chief Executive Marjut Falkstedt. "BID's commitment will help unlock new opportunities for Romanian and regional businesses, driving innovation, job creation, and sustainable growth."

Alexandru Nazare, Romania's Minister of Finance, said joining the fund "reconfirms Romania's strategic role in CEE. This decision reflects the Romanian Government's priority to support innovation, infrastructure and economic convergence across the region." Dan Sandu, BID Romania GM, added that the partnership "will channel capital to high-potential companies, strengthen cross-border collaboration, and position Romania as a key player in the region's economic transformation."