BayBG Bayerische Beteiligungsgesellschaft mbH

BayBG Bayerische Beteiligungsgesellschaft mbH is a private equity and venture capital firm established in 1972, focusing on providing mezzanine, equity, and venture capital to small and medium-sized enterprises (SMEs) primarily in Bavaria, Germany. It operates as an Evergreen fund, allowing for long-term partnerships without the exit pressure of traditional funds. The firm invests across various stages, including growth financing, succession planning, and turnarounds. "Startup Shield Bayern" was a temporary COVID-19 aid program for startups that was managed by BayBG and Bayern Kapital on behalf of the federal and state government.