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Ingrid Lieten invests another 10 million in spin - offs

Minister of Innovation and Public Investment Ingrid Lieten, provides additional funding to promising researchers to turn their ideas into new products, services and processes for our market. 

SOFI - the Financial Instrument for Spin - offs - gets another 10 million euros of venture capital for the creation of new innovative companies resulting from the success stories of the strategic research centers.

In mid- 2011 for the first time, an investment of 10 million euros was made available for new companies or spin -offs that are set up around the most interesting developments in the four strategic research centers of Flanders, international trendsetter within their research field : VIB, imec, iMinds and VITO.

Researchers can receive for SOFI funding for the creation of innovative spin-offs for capital investments or loans convertible up to 1 million euro, but also for small start-up loans up to 50.000 euros . The coordination of the fund is done by PMV .

For more information click here.