LIOF—the Limburg Development and Investment Company—is the regional development and investment company responsible for the Dutch province of Limburg. The Limburg Startup Capital Fund (LSCF) is a new fund for startups and innovative SMEs that contribute with their innovation to the main societal transitions of the coming years: energy, circularity, health and digitalization. The Limburg Startup Capital Fund (LSCF) covers with a mix of financial resources the development of your innovative product, from idea to market and has two sub-instruments:
- The Limburg Early Phase Fund (LVFF): with the LVFF we finance innovations – of which the feasibility has been demonstrated – in the initial phase of development (the so-called ‘proof of concept’ phase).
- The Seed Fund Limburg (SFL): the SFL is intended to make the further development or growth of the innovation financially possible.
LIOF invests in the form of share capital, possibly in combination with a subordinated or convertible subordinated loan. The amount of financing can vary from €100,000 to €5,000,000. They usually envisage an exit after five to seven years.