Innovatiefonds Noord-Holland

Innovatiefonds Noord-Holland is a regional investment fund dedicated to fostering innovation and economic growth within the Noord-Holland province of the Netherlands. Established as a collaborative initiative involving the Province of Noord-Holland, the Netherlands Enterprise Agency (RVO), and the European Regional Development Fund (ERDF), the fund plays a crucial role in supporting the local startup and SME ecosystem. Its primary mission is to provide financial backing to innovative companies that are developing new products, services, or processes, thereby contributing to job creation and sustainable development in the region.

The fund strategically targets early-stage companies, particularly those in the Proof of Concept and Seed Capital phases, where traditional financing might be challenging to secure. Innovatiefonds Noord-Holland focuses its investments across several key sectors critical to the region's economic future. These include Information and Communication Technology (ICT), Life Sciences & MedTech, and the burgeoning fields of Circular Economy and Sustainability. By concentrating on these high-growth and impactful industries, the fund aims to accelerate the development of groundbreaking solutions that address contemporary challenges.

Innovatiefonds Noord-Holland primarily provides loans to eligible companies, with typical first cheques ranging from approximately $54,000 to $378,000. These funds are designed to help innovative SMEs and startups bridge the gap between initial research and market readiness, enabling them to validate their concepts, conduct further development, and scale their operations. The fund's commitment extends beyond mere capital provision, seeking to actively contribute to the success of its portfolio companies by leveraging its network and expertise within the regional innovation landscape.