The Algeria Market Authority has granted the first license in Algeria to a university venture capital investment company, approving the Société d’Investissement Financier de l’Université d’Alger 3 with capital of DZD 188.8 million. The approval follows the completion of the regulatory framework for collective investment undertakings in venture capital and establishes a regulated vehicle focused on university-linked innovation financing. The firm is intended to finance innovation by helping convert scientific research into economically viable projects, support startups led by students and researchers, and act as a fund of funds to coordinate innovation efforts within the Algerian university system. The release presents the move as part of developing a national framework for innovation financing and strengthening universities’ role in turning research into economic value.
Algeria Market Authority (COSOB)2026-03-02
Algeria Market Authority grants first Algerian license to a university venture capital firm with DZD 188.8 million capital
The Algeria Market Authority has issued Algeria’s first license to a university venture capital investment company, approving the Société d’Investissement Financier de l’Université d’Alger 3 with capital of DZD 188.8 million. The approval follows completion of the venture capital collective investment framework and is intended to fund research commercialization, student and researcher startups, and university innovation coordination.