Deadline: 5 October 2016
The King Baudouin Foundation is seeking applicants for its Seed Equity and Sustainable Entrepreneurship (SE’nSE) Fund, a not for profit Fund created for “Future Generations” to provide seed financing to early stage quality environment-driven sustainability projects. The intent is to provide a bridge between 3F (Family,Fools & Friends) stage and the setup of a more permanent financing structure that would replace the investment by SE’nSE.
Initial focus will be on projects with the most significant potential positive impact on the environment. Job creation is a plus but is not a pre requisite.
Grants Available
This programme will provide grant amount from € 20.000 to € 50.000.
Eligibility Criteria
- The company’s activities should be related to early stage sustainability projects with significant potential positive impact on the Environment;
- Projects are expected to be business start-ups;
- The candidate entrepreneur wanting to start up a company should be prepared to set up in the relatively short term, for example within the coming 3 to 6 months
- Not for profit projects can be considered for as long as they show potential recurring revenue streams that covers at least their cash needs, including repayment of the financing;
- Projects can be from existing companies but would not be eligible if the related company could finance it from its own funds;
- The company must be located in Belgium;
- The project must be described in English;
- Independent professionals (“liberal professions”) or groups of independent professionals are not eligible for this Fund;
- The candidate entrepreneur plans to work full time and is (a member of the team) responsible for the daily management of the company;
- The candidate entrepreneur must never have been prosecuted for fraud;
- Investment by SE’nSE must make a difference in the success of the project.
How to Apply
Applications must be submitted online via given website.
Eligible Country: Belgium
For more information, please visit SE’nSE.