"We believe the establishment of a permanent VC Desk as from January 2nd 2016 adds an important piece to the puzzle. Informal networks work so much faster in making sure that companies get access to the funds they need – and can concentrate on upscaling their technology. Our network of alumni HTCE start-up companies have all been in the similar situations – and know the importance of relevant advice at just the right time. And, as your company expands, there are next-stage offices and laboratory facilities on hand so you can remain in sync with such a powerful ecosystem. The province of Noord-Brabant – and the Eindhoven region in particular – has many innovative high-tech start-ups. Many entrepreneurs have a need for growth capital. Yet, in practice, young start-ups waste a lot of time and effort trying to find sufficient seed funding instead of being able to focus on their technology. In many cases, the starters often lack the network and expertise to find capital from banks, angel investors and venture capitalists."
“The Brabant Development Agency agrees there’s a real need for a dedicated Venture Capital Desk”, says Miriam Dragstra, Director of BOM Capital. “The VC Desk is a central meeting place, surrounded by the entrepreneurs themselves, where they can go for support and advice in the field of finance. The VC Desk is staffed by specialists who understand the many financing options available for fast growth (hardware) start-ups. Moreover, they can offer access to a wide (inter)national network to ambitious start-ups. Our shared goal is that over the next 4 years, over 100 start-ups will be accelerated to grow and make a significant impact on the global stage.”
Director Jos Rooijakkers of Rabobank Eindhoven-Veldhoven is also pleased with the establishment of a separate desk for innovative start-ups. “The Eindhoven region is bursting with promising start-ups in need of growth capital. This branch of the bank will act increasingly taking on the role of bringing supply and demand together, in cooperation with the BOM and other capital providers.”
The new national HighTech VC Desk has been created as a joint cooperation venture of the Brabant Development Agency (BOM), High Tech Campus Eindhoven, HighTechXL, Holland Innovative and Rabobank Eindhoven-Veldhoven.