ICO (Instituto de Crédito Oficial)

Instituto de Crédito Oficial (ICO) is Spain's state-owned development bank, operating under the Ministry of Economic Affairs and Digital Transformation, with a mandate to support the economic activity, sustainable development, and social cohesion of the Spanish economy. Founded in 1971, ICO channels public financing to businesses of all sizes, entrepreneurs, local governments, and public entities through direct loans, credit lines, and fund investments, often in coordination with commercial banks and European financial institutions such as the European Investment Bank (EIB). As a long-standing LP in the Spanish and European private markets ecosystem, ICO participates in venture capital, priv...