Province of North-Brabant

Province of North-Brabant sounds gong for innovative start-ups

The opening of trading at the Amsterdam exchange is dedicated to innovation in Brabant. The ceremonial opening gong will be sounded by the province of Brabant and a number of start-ups from the province who have recently undergone the valorisation process and are now being financed by the Innovatiefonds Brabant (Brabant Innovation Fund).

Valorisation is the process that turns knowledge into commercially feasible products or services. Brabant offers start-ups support through the Starterslift, Ondernemerslift+ and Bright Move valorisation programmes.

Follow-up funding proves hard to find for start-ups who received financing for the valorisation phase. This early innovation phase is often too risky for banks and investors. The Provincial Government of Noord-Brabant has therefore reserved part of the innovation fund managed by the Brabantse Ontwikkelings Maatschappij [Brabant Development Agency] (BOM) for these (risky) early phase investments. This is in line with the provincial government’s aim to contribute to a closed funding chain for innovative entrepreneurs.

For more information: www.bom.nl

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