Our mission

Accelerating innovation in startups and SMEs through investment

Smart Capital, a management company approved by the Conseil des Marchés Financiers, is responsible for implementing the ANAVA fund of funds dedicated to venture capital funds and the Innovatech fund invested directly in innovative Tunisian SMEs.

Thanks to the support of backers who are friends of Tunisia, we are deploying substantial human and financial resources to transform the national economy through startups and innovative SMEs.


In addition to managing the funds, Smart Capital is the implementation entity mandated by the Tunisian government to roll out its national Startup Tunisia program, which has 3 main focuses:

Startup Act : A unique legal framework dedicated to Startups launching or setting up in Tunisia.

Startup Invest : A new investment framework dedicated to startups, built around a Fund of Funds with a target size of €100 million, supported by a GP incubator (management company) and a Startup Guarantee Fund.

Startup Ecosystem : A support framework for ecosystem support organizations (SSOs) and startups, focusing on funding, animation and international connections.


Our management is subject to extremely strict rules, to guarantee our investors and partners a controlled risk/return ratio, and to conduct our business with the utmost respect for the profession’s ethical and prudential standards.




Our fund dedicated to innovative SMEs



Our fund of funds dedicated to startups

Management team


Profiles carefully selected for their ethics and expertise