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Home > News > Company News > Imec starts pre-seed fund for .....

Imec starts pre-seed fund for entrepreneurs

  • Author:Ella Cai
  • Release on:2017-05-27
Imec has founded a pre-seed investment fund of €12.5 million to be spent over the five years 2017-22.

Besides Imec, investors are the Flemish Region, ING Belgium, BNP Paribas Fortis, the Cronos Group and Telenet.

The fund offers Flemish tech entrepreneurs an initial investment of  €50,000 to help them start their businesses.

High-promise start-ups will also have a chance to receive further financial support from the fund.

These companies will receive additional pre-seed funding ranging from €20,000 to €100,000.

Further support to help them further develop their business will be through Living Labs trajectories, rapid prototyping and C-level leadership coaching.