HightechXL Plaza, located at the High Tech Campus, has announced the launch of a permanent on-site Venture Capital Desk (VC Desk), starting January 1st 2016. In the next four years, over 100 startups will be accelerated to grow.
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, many young startups spend a lot of time and effort trying to find sufficient seed funding. In most cases, the starters often lack the network and expertise to find capital from banks, angel investors and venture capitalists.
The VC Desk will have an open door policy, designed to help startups and scale-ups at any stage of their development. The Brabant Development Agency (BOM) has stepped forward to organize it. The desk will be manned by a variety of risk capital providers, it is not limited to just one company.
This VC Desk has been created as a joint cooperation venture of BOM, HTC Eindhoven, Holland Innovative and Rabobank Eindhoven-Veldhoven.
Source and photo: hightechcampus.com
Editing for Eindhoven News: Chuan Nie