Innofest receives funding, Catawiki founders go on a new adventure, Voys acquires a new company and more. Check out our latest news roundup:
Five years, €31 million and 19 investments. Carduso Capital works together with the University of Groningen and the University Medical Center Groningen, to finance promising tech companies that have evolved out of academic research. Co-initiator and partner Frits Kok looks back on the challenges of setting things up, finding the right startups and what the next five years will look like.
In this interview series, entrepreneurs discuss how their company was affected by COVID-19, with highlights, low points, new routines and opportunities and what comes next. This time: entrepreneur and investor Marco de Jong.
Carduso Investments and RUG Holding (RHM) announced their investment in high tech startup QDI-Systems on Monday. The company is a spin-off from the Zernike Institute for Advanced Materials at the University of Groningen and develops imaging devices for medical applications, based on quantum dots. This investment will be used to further scale up the production of their Quantum Dot application for X-ray machines.
A startup from Groningen making international headlines and more. Check out our latest news roundup:
Since its opening on 29 April, more than a thousand startups, scale-ups and innovative SMEs have applied for a Corona-OverbruggingsLening (COL) or the Tijdelijk Overbruggingskrediet Programma innovatieve Start en Scale ups (TOPSS). These companies together account for the employment of almost 12,000 FTEs. The companies apply for more than 500 million euros in total via one of the two facilities.
As of the 29th of April 2020, companies can apply for a special bridging loan, the so-called Corona-Oververbruggingslening (COL), via an online portal built by Techleap.nl, the ROMs and Invest-NL. Check it out here: https://www.techleap.nl/content/bridgefinancing-portal/
An overview of awesome initiatives to boost your startupEcosystem initiatives
The Dutch government announced it will make €100 million available in bridge loans for startups, scale-ups and innovative SMEs. These loans will be provided through the regional development agencies (ROMs), such as the Investment and Development Agency for the Northern Netherlands (NOM).
In an effort to create affordable and sustainable production, a new Northern Dutch consortium, is going to develop an innovative and far more sustainable method to drastically reduce the production cost of thermoplastic composites. The project, called Luxovius, is financially backed by SNN and the Groningen and Drenthe provincial governments, with a sum of €3.5 million. The project should also create 25 new jobs.