Grupo Intercom de Capital, SCR-Pyme, S.A.

Grupo Intercom de Capital, SCR-Pyme, S.A. is no longer investing. The firm is a venture capital firm specializing in incubation, seed/start-up, secondary investing in portfolio company interests, and emerging growth financing. The firm is currently not investing in new ventures but accelerating the companies in its portfolio. It does not invest in any businesses that are concerned with gambling, sex, weapons, unlawful enterprise or those that promote intolerant ideas or antisocial behavior. The firm invests in businesses that have been up and running for at least one year. If a business, however, has been established for less than 12 months, it must have a proven turnover of more than €0.005 million ($0.006 million) per month. The firm invests only in internet based businesses with a focus on classifieds, new technologies, web 2.0, e-business, and services for mobile phones. It prefers to invest in Europe, with a focus on Spain; Latin America; and India. The firm seeks to invests in companies in which entrepreneur has invested a minimum of €0.04 million ($0.05 million), or obtained an investment from one or more partners for that amount or more. It typically invests in companies that have been built by the firm, but may consider making investments of upto 20 percent of the value in case of outside companies. The firm was formerly known as Grupo Intercom de Capital, SCR, S.A. Grupo Intercom de Capital, SCR-Pyme, S.A. was founded in 2001 and is based in Barcelona, Spain with an additional office in Berlin, Germany.