The universities in Eindhoven, Enschede, and Wageningen are contributing to an investment fund, Innovation Industries, to help finance projects from their own Research and Development Programmes. The fund will be €75 million and aims to provide an average of €1-5 million to 20 different companies in the agricultural, healthcare, and IT sectors .
This fund is considered as a necessary step moving forward because the gulf between university spin-offs and the current market is too wide, even if most Dutch universities have links with outside investors . The technology that is developed in these institutes has the ability to influence the market if invested properly, and Innovation Industries wants to help make that happen .
The goal of the fund is to be able to optimize the chances for success that these new businesses or scale-ups have. Innovation Industries will provide seed funding and look for returns once the companies are established and advancing .
Check out Innovation Industries’ website: https://www.innovationindustries.com