# Cooperation Fund Foundation

Cooperation Fund Foundation is a Government / Public Body based in Warsaw, Poland.

## Overview

- **Organization type:** Government / Public Body
- **Headquarters:** Warsaw, Poland
- **Region:** Europe
- **Address:** Warsaw, Poland
- **Founded:** 1990
- **Assets under management:** Undisclosed
- **Website:** www.cofund.org.pl
- **LinkedIn:** https://www.linkedin.com/company/cooperation-fund-foundation

## Regulatory record

- **Reports private funds:** No

## About

Cooperation Fund Foundation is a government agency based in Warsaw, Poland. It manages assets totaling approximately $6.87 million across one fund. Its regional focus is Europe.

## Sectors

- Enterprise Software
- Infrastructure
- Energy Transition & Renewables

## Questions

### Where does the Foundation's capital come from?

The original endowment derived from bilateral aid programs after 1989, primarily from EU member states and the United States under the Phare program framework. Subsequent replenishments came through successor agreements, including the Swiss Contribution and the Swiss-Polish Cooperation Programme. The Foundation's legal structure allows it to accept sovereign grants and reinvest returns without annual parliamentary appropriations.

### Does the Cooperation Fund Foundation co-invest with other development institutions?

Yes. The Foundation regularly co-finances projects alongside European development banks and EU structural funds. Its cooperation agreements — the source of its name — make co-investment a core operating model rather than an exception. It acts as a local implementing partner for bilateral donors who lack their own Polish disbursement infrastructure.

### What investment stages does the Foundation target?

The Foundation targets project finance, growth equity, and early-stage technology transfer. Its project-finance work centers on municipal infrastructure and energy, while its technology investments focus on commercializing Polish university research at the seed and Series A stages.

### Which sectors does the Cooperation Fund Foundation avoid?

The Foundation does not invest in sectors that conflict with its development mandate or EU state-aid rules. Gambling, tobacco, and arms manufacturing are excluded. Pure real-estate speculation without a modernization component also falls outside its remit.

### How is the Foundation different from a Polish state development bank?

Poland's main development bank is Bank Gospodarstwa Krajowego (BGK). The Cooperation Fund Foundation differs in legal form — it is a foundation, not a bank — and in origin, having been built around bilateral aid agreements rather than domestic fiscal capacity. This lets it operate outside banking regulations and gives it a specific niche as a conduit for foreign development capital.

## Related profiles

- [Cooperate Yinfu Investment](https://altss.com/profile/cooperate-yinfu-investment)
- [Cooperative Energy Nuclear Decommissioning Trust](https://altss.com/profile/cooperative-energy-nuclear-decommissioning-trust)

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Last updated: 2026-06-03T20:00:00.000Z

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