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Gestión de Capital Riesgo invests 150,000 € in the company Funky Projects

Funky Projects was created in October 2002 as a strategic creativity consultancy firm.<sl><sl>Funky Projects’ business lines involve creativity projects focusing on innovation, innovation consultancy for projects generating learning, quick implementation systems and research+dissemination.<sl><sl>Gestión de Capital Riesgo del País Vasco has acquired 38% of the company’s shares through its fund IED (Inversiones en Empresas Digitales).

The Company Gestión de Capital Riesgo del País Vasco (SGECR) has invested 150,000 euros in Funky Projects S.L., a firm that designs and implements innovative projects for social and cultural transformation within companies, entities and other organisations, focusing on creative development for innovation and catering for the areas of projects and consultancy, systems, dissemination and research. The investment, made through the fund IED (Inversión en Empresas Digitales) involves acquisition of 38% of the company’s shares and has been made for a period of eight years.

The activity of this Bilbao company, constituted in 2002, focuses on using its own creativity to devise innovative projects for its clients. Funky Projects works internationally and its aim is to generate emblematic projects rather than copies or repetitions.

Funky Projects S.L. thus generates new strategic creativity and designs schemes to be transferred to innovation projects for its clients. It also runs workshops and conferences on the international creativity and innovation circuit. The company has a series of competitive advantages such as its own never-plagiarised systems, future vision, and creativity generating innovation and learning throughout the whole process for the different projects.

Funky Projects’ website, www.funkyprojects.com, be accessed to view a list of clients that have contracted their services, together with current and past projects.

1 August 2008

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