Through the following funds and programs, we help entrepreneurs with advice and financing. But with this we can also strengthen the sectors in Limburg. Would you like to know more? Give us a call. We will gladly help you.
60 committed LIOF colleagues help your company grow with advice, a solid network and financing, to strive for a smarter, more durable and healthy Limburg.
Limburg Business Development Fund
Would you like to test the feasibility of your idea? Or are you looking for financing to develop a prototype or for the start-up phase of your company? The Limburg Business Development Fund (LBDF) offers a mix of financial instruments to develop business concepts.
Will your idea become a company?
We provide financing to bring an idea or prototype to fruition or to facilitate a start. Your company is eligible for a grant, loan, or participation if you are actually located in Limburg (physically and actively present) and if you operate in one of the spearhead sectors in Limburg:
Chemicals / Materials
Crossovers between these sectors.
In the past few years we stimulated many innovations and supported start-up companies. However, the LBDF budgets are exhausted. This means you can no longer submit new applications. Please contact us to discuss which alternatives there might be for your need.
If you wish to submit a final declaration for a subsidy, please go directly to the page in question.
Together with the Province of Limburg and the Ministry of Economic Affairs and Climate, we are defining a next program which includes new support possibilities. If you want to be informed on this subject, please register here for our newsletter.
Do you have an innovative idea or do you have questions on further steps you need to take for the realization of this idea? Please contact us. We support you with our advice and open up our extensive network to you!
Financing your idea
The LBDF Feasibilty Fund provides grants to test early ideas and determine whether they are technologically and/or economically feasible – the proof of principle. The grant amount is 35% of the total eligible costs, subject to a minimum of €15,000 and maximum of €50,000.
The LBDF Proof of Concept Fund issues convertible loans to develop a feasible idea into a fully-fledged business concept including a business plan – the proof of concept. The loan amount varies between €50,000 and €250,000 per application.
The LBDF Seed Fund provides share capital to enable a knowledge-intensive start-up to raise additional growth capital or to break even. The amount of share capital varies between €100,000 and €500,000, paid in instalments, possibly in addition to financing provided by other parties (such as banks and investors).