European Commission - Internal Market, Industry, Entrepreneurship and SMEs

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Participation Fund Oost NL

Title of measure
Full title in national language:
Participatiefonds Oost NL
Duration:
2017
Policy objectives Plus
4.1. Direct funding to business R&D and innovation
Presentation of the measure:

The Participation Fund Oost NL funds promising innovative (re-)starting businesses and fast growers in the provinces Gelderland and Overijssel. Maximum funding per organisation is €2,500,000. Oost NL becomes shareholder in the funded company. The innovative character of the organisation is very important. The organisation should be active in, or at a cross-over between the following sectors: Agro-Food, Life Sciences & Health, High Tech, Energy and Environmental technology, and Manufacturing. 

Budget, source and type of funding
Year
National public funds
Regional public funds
EU Structural Funds
Private funds
Other
Form of funding provided
Venture capital (including subordinated loans)
Policy learning
To what extent the measure can be considered as a success and worthy of policy learning?:
It is too early to judge the success of the measure (e.g results of first call for proposals still not known).
Evidence of outcomes based on evaluation and other evidence:

None

What are the most important “Do’s and Don’ts” that regional stakeholders should be aware of when launching a similar measure?:

None

Would you recommend this measure as an example of regional good practice to policy-makers from other regions ?:
No