Participation Fund Sustainable Economy North Holland

 

Chaincraft

ChainCraft develops mixed culture fermentation technologies to produce sustainable biobased chemicals

 

MUD Jeans

MUD Jeans produces sustainable jeans with 40 percent recycled cotton.

 

Dexter Energy Services

Dexter Energy develops software for the management of energy networks, based on artificial intelligence.

The Province of Noord-Holland has believed in the power of sustainable and innovative energy for years. Energy that not only conserves the environment, but that stimulates the economy as well. Energy in which you can jointly invest. This fund is an important instrument in developing a sustainable economy in the province. The Participatiefonds Duurzame Economie Noord-Holland (Participation Fund Sustainable Economy Province of Noord-Holland) is managed by StartGreen Capital and KplusV.

 

Objective
The development of a sustainable economy in the province. The ultimate goal is to stimulate sustainable economic activity, employment and innovation.

Who is it for
This fund is for both established companies and start-ups. These could be companies that have proven technologies that want to further expand their business model or start-ups that want to prove their value through amazing innovations.

The Fund is specially intended for companies and projects that give the sustainable economy a boost in the areas of:

  • The energy transition
  • A circular economy
  • Sustainable mobility

Other unique, sustainable propositions are also eligible.

Instruments
The fund issues its own and borrowed capital in the form of seed capital, project financing, start-up capital and expansion capital. This is done with shares, cumulative preferred stock and loans. seed capital, project financing, start-up capital and expansion capital. This is done with shares, (cumulative) preference shares and (subordinated) loans.

Ticket size
From € 250.000 to € 7.000.000.

Founding date
The Participatiefonds Duurzame Economie Noord-Holland was founded in 2014 by the Province of Noord-Holland.

Read more about StartGreen Capital's sustainability information

Portfolio

Criteria

The fund issues its own and borrowed capital in the form of seed capital, project financing, start-up capital and expansion capital. This is done with shares, cumulative preferred stock and loans. The fund issues this capital from € 250.000 to € 7.000.000 max.

The general criteria for a participation are:

  • The project or company contributes to the sustainability goals of the fund and thus to the Province of Noord-Holland.

 

  • The project or company is situated in and benefits the economy of the Province of Noord-Holland.
  • The business case is transparent, viable and substantiated by a solid operating income.
  • The project or company has a dedicated and expert management team with integrity.
  • There are no doubts concerning the (legal) foundation of the project or company.
  • The project or company yields enough returns with an acceptable level of risk.

Investment Committee

Olivier Takx

Chair

Ellen Boersma

Antoine Boelen

Submit your application

Do you wish to be considered for funding through one of the StartGreen Capital funds or are you interested in crowdfunding? Let us know about your idea using the form below (in Dutch).

If you have any questions about the application form, the procedures or the criteria, please contact us. We would be pleased to be of service.

Apply