Our Group and more at a glance
In 2021, the Federal State of Berlin established IBB Unternehmensverwaltung Anstalt öffentlichen Rechts (IBB UV) by law. Virtually overnight, Investitionsbank Berlin (IBB) was transformed from the parent company into a subsidiary of IBB UV. As part of this reorganisation, all of IBB’s former subsidiaries were also transferred to IBB UV. Together they form the IBB Group.
IBB UV is a financial holding company within the meaning of the German Banking Act (KWG, Kreditwesengesetz) and is subject to supervision by the German Federal Financial Supervisory Authority. It is the superordinate company of the IBB Group under regulatory law. The Federal State of Berlin is the owner of IBB UV
In addition to managing its subsidiaries, IBB UV also assumes responsibility for IBB’s ownership as well as for establishing, acquiring, holding and managing equity interests in companies, in as far as these perform tasks that IBB is required to fulfil pursuant to the Law Establishing Investitionsbank Berlin as an Incorporated Institution under Public Law. It also provides services for these companies, such as management, personnel and auditing services. It does not engage in banking business. The IBB Group is a group under commercial law with IBB UV as the parent company.
IBB UV’s executive bodies are the Management Board, the Administrative Board and the Owner Meeting. Dr. Hinrich Holm has been appointed Chairman of the Management Board and Ms. Angeliki Krisilion has been appointed Member of the Management Board. The Management Board manages IBB UV’s business in its own responsibility and subject to law, the memorandum and articles of association, the guidelines adopted by the Administrative Board, as well as the business rules applicable to it.
The IBB Group’s paramount goal is defined by the promotional function provided by law.
Its goals in detail:
- Manage investments economically
- Strengthen Berlin sustainably by managing the city’s participations
- Improve the efficiency of investment management and optimise business development tasks within the Group
The IBB Group has identified corresponding measures for the respective goals. In addition to IBB, the scope of regulation of the Group-wide business strategy also includes investments in the area of bank-related promotional business, i.e., IBB Beteiligungsgesellschaft mbH, IBB Business Team GmbH and IBB Capital GmbH.
Structure of the Group
The new structure made it possible to separate heavily regulated banking business from investment business, which requires less regulation, and thus to improve the operational and strategic performance of the IBB Group
IBB UV is broken down as follows:
- Investitionsbank Berlin AöR
- Banking-related promotional business
- Location and other economic development measures and
- Fund participations held in conjunction with business development tasks.
Investments of IBB UV
The IBB Group’s main holdings for the implementation of the development mandate of the Federal State of Berlin include Investitionsbank Berlin, IBB Business Team GmbH, IBB Beteiligungsgesellschaft mbH and IBB Capital GmbH.
Wholly owned subsidiary of IBB UV
IBB is the business development bank of the Federal State of Berlin. IBB promotes and finances investment projects on behalf of the Federal State of Berlin in order to improve economic, ecological and social living conditions in Berlin and thereby advance sustainable development. In addition to business development as well as housing and urban development, the bank’s portfolio will be expanded in 2022 to include labour market promotion.
Banking-related promotional business
Wholly owned subsidiary
IBB Ventures has been providing venture capital to innovative Berlin-based companies since 1997 and has established itself as the market leader in early-stage financing in Berlin. IBB Ventures is the umbrella brand for the VC activities of IBB Beteiligungsgesellschaft.
Wholly owned subsidiary
IBB Business Team GmbH is a wholly owned subsidiary of IBB UV. On behalf of the Federal State of Berlin and IBB, this company implements various funding programmes for start-ups, SMEs and real estate owners.
Location and other economic development measures
Shareholding: 31.5 %
In close cooperation with the other institutions of the Federal State of Berlin, Berlin Partner für Wirtschaft und Technologie GmbH offers business and technology funding for companies, investors and scientific institutions in Berlin while marketing Berlin as a location for business. The company’s business service supports investors moving to Berlin as well as Berlin-based companies during their technology transfer, networking, internationalisation and location consolidation efforts. Marketing the capital city helps to strengthen Berlin’s future prospects at regional, national and international level, establishing the capital city as a strong brand under the motto ‘We are one Berlin’.
Founded in 1993, Berlin Tourismus & Kongress GmbH (BTK) promotes Berlin’s tourist attractions worldwide and supports convention business which is so important for the capital city. Under the ‘Visit Berlin’ brand name, BTK positions Berlin as a globally attractive destination for international convention business and city tourism.
Medienboard Berlin-Brandenburg GmbH (MBB) is the first point of contact for the film and media industry in the capital region. In addition to film funding, the company is helping to develop the city as a media location while supporting media-related projects and the development of gaming, web and mobile content. IBB UV is one of the shareholders of Medienboard Berlin-Brandenburg GmbH, together with Investitionsbank des Landes Brandenburg.
Since early 2002, DAB Digitalagentur Berlin GmbH (DAB) has been providing targeted support to promote the digital transformation of companies in Berlin. Working with other stakeholders in Berlin, this is achieved through support and supervision as well by implementing projects.
The aim of DAB is to act as a mediator, guiding recipients to the digitalization offers, services and ideas already available for the relevant sectors and business areas. These offers, services and ideas are prepared and adjusted for target groups, thus providing direct access to these groups.
In 2019, the European Commission and the European Investment Bank (EIB), together with the kENUP Foundation as fund initiator and Investitionsbank Berlin Group (IBB Group), established the EU Malaria Fund Berlin (EUMF). The fund aims to bridge the gap between research and the market by financing companies or projects involved in research and development projects for malaria diagnosis, prevention and treatment. This is carried out by providing mezzanine financing (venture loans) to European companies active in research and product development for malaria control. Starting in 2019, the IBB Group established the fund companies and developed a governance structure for the fund.
The EU Malaria Fund is managed by a company of the IBB Group. The fund manager of the EUMF, EMM EU Malaria Fund Berlin Managementgesellschaft mbH, is an investment of ipal Gesellschaft für Patentverwertung Berlin mbH. The fund has a term of 10 years and is expected to invest in 11 companies with a total of 27 projects in the field of malaria control and also COVID-19.
Since 2021, the IBB Group has held a EUR 1 million stake in the European Social Innovation and Impact Fund (ESIIF). The IBB Group is involved in the fund together with other public and private investors. The fund is guaranteed under the European Investment Fund. For several years now, Berlin, in particular, has become Germany’s hotspot for social enterprises and other impact investments. With its participation, the IBB Group aims to facilitate access to financing and funding for social enterprises and to help promote sustainable investments. The fund is managed by Berlin-based avesco Financial Services AG.
With a target volume of EUR 20 million, the fund finances early-stage social enterprises (as defined by the EU) based in Germany, Austria and other EU countries (at least 50% in Germany).
Affiliated company with a 20% shareholding
The IBB Group holds a 20% share in the liable capital of this VC fund. The fund focuses on investments and the management of participations in portfolio companies with a focus on the life sciences sector, in particular, medical technology, pharmaceuticals and services. The purpose of the IBB Group’s participation in Peppermint CBF is to improve the financing conditions for young technology-oriented companies in the life sciences/healthcare industry and thus to fulfil the IBB Group’s funding mission in Berlin’s healthcare cluster.
Division head of Office of the Managing Board & Participation management
Telephone: +49 (0) 30 / 2125-3792