NH Fund

NH Fund is a wholly owned subsidiary of Slovak Business Agency, a public organization that coordinates EU and state support for small and medium enterprises in Slovakia. Investment activity is governed within this public-policy framework rather than by a single named founder or managing partner.

It operates as a hybrid: it deploys risk capital on commercial terms, seeking an eventual exit at a target return, but does so under a state mandate to develop the Slovak SME sector. Its funding instruments are equity investments, not grants or loans.

NH Fund is the holding entity that directs multiple branded risk-capital vehicles. Eterus Capital targets growth-stage companies and ownership-dispute resolutions, while Fond inovácií a technológií focuses on innovation-driven projects. Each brand sits under the NH Fund umbrella.

The firm’s strategy spans early seed, start-up, growth, and expansion stages. Its website confirms a mandate to support both very young companies and those with significant growth trajectories across Slovakia.

Public documentation places the firm’s explicit mandate within Slovakia, aiming to stimulate SME development across the entire country. No cross-border investment activity beyond Slovakia is disclosed.