The fund, which has a total of EUR 150 million, aims to stimulate the diversification and sustainable development of the Luxembourgish economy. It was established by the EIF and the Société Nationale de Crédit et d’Investissement (SNCI) and will be deployed over a five-year period. The Luxembourg Future Fund invests directly or indirectly in Venture Capital funds and SMEs, supporting the strategic sectors of the Luxembourg economy. The fund is part of the European Investment Fund (EIF), which improves access to finance for SMEs and small mid-caps in Europe.