Innovation Fund North Holland closes POC1 with 53 convertible loans granted; launches POC2

Funding Rounds

Summary

Innovation Fund North Holland, an initiative to support entrepreneurs in the province of North Holland, announced last week the closure of its Proof-of-Concept fund 1 (POC1) after granting its 53rd convertible loan. With the successful closure of POC1, the attention now shifts to the next phase of financing as the Proof-of-Concept fund 2 (POC2) has been formally initiated. The decision to launch POC2 was signed by the ERDF as part of the Opportunities for West 3 programme. This new fund is open to accept new applications. POC2 is particularly noteworthy as it becomes the first financing instrument to receive funding from Kansen voor West 3 in the Netherlands.

$ Funding

$
Amount - Total raised
Date - Announcement date
Investors Innovatiefonds Noord-Holland Lead investors
Company - Funded company

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