With a target capital of over €60 million, the SME fund invests in growing SME companies that contribute to a smart, future-proof North Holland economy through digitalisation and innovation.
The fund invests in companies that actively contribute to digitalisation, by developing technology themselves or supporting other companies in their digital transition. For high-quality technology, the focus is on the development of new applications with a strong technological character, with special attention to spin-outs from knowledge institutions in North Holland. Within the Life Science & Health sector – a strong knowledge sector in North Holland – the fund focuses on digitalisation of healthcare and medtech innovations. The emphasis is on improving accessibility, reducing the pressure on healthcare and increasing its quality.
Investments and (convertible) loans from €300,000 to €5,000,000
Duration of up to 8 years
Always a minority interest (maximum 49.9%) and a minimum of 25% private co-financing required
Financing from the moment the innovation has been tested in a relevant environment and is 'market ready'.
As an autonomous impact investor, we build a balanced portfolio that contributes to a healthy fund. We invest professionally and with public capital, and strive for a good mix of sectors, social impact and financial return.
The Fund is developing in stages, with an increasing focus on management and relationship management. The Fund is expected to be fully invested in 2030, with an average ticket of €2.5 million per company or project. There is room for 20 to 24 investments, of which 20% is reserved for follow-up rounds. After an investment period of eight years, the Fund is expected to become revolving. We aim for diversification in sectors, types of companies and regions within North Holland, with a balanced portfolio in which possible losses are compensated by successful exits.
€10.5 million invested in sustainable innovation.
More than 900 kilotons of CO2 savings achieved by portfolio companies (as of 2022)
566 new jobs created in North Holland
More than €13.4 million in co-investments attracted.
Confocal.nl: groundbreaking microscope technology for research in living cells
