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Frisian Development Fund (FOM)

Investor

Frisian Development Fund (FOM)

Helping entrepreneurs in Fryslân realize their good ideas through financing and support.

Leeuwarden

WebsiteLinkedInClaim this profile
Roles
Investor
Location
Leeuwarden
Portfolio
1
AboutPortfolioLocation
01

Who they are

About

The Frisian Development Fund (FOM), also known as Friese Ontwikkelingsmaatschappij, is a development company established by the province of Fryslân in 2015 to strengthen the regional economy. It provides financing, including loans and equity capital, to innovative small and medium-sized enterprises (SMEs) within Friesland. Their core mission is to support businesses in their startup, growth, innovation, and export phases, fostering job creation and economic growth. FOM has invested in 62 companies, primarily in Seed and Series A rounds, across a variety of sectors.

Investment profile
Investment thesis
FOM's core investment thesis is to strengthen the economic structure of Fryslân by supporting its SME backbone. They drive investment, innovation, and export to create jobs and enable businesses to become leaders. This approach aims to move Fryslân from good to better through strategic financing.
Ticket size
€25,000 - €1.5 million (loans), also equity capital
Sweet spot
Innovative small and medium-sized enterprises (MKB) in Fryslân seeking financing for starting, growth, innovation, or export.
What they add
Loans and equity capital, Support for starting businesses, Assistance with growth initiatives, Aid for innovation projects, Facilitation of export activities
Stages
Pre-seed · Seed · Series A · Growth
Geographic focus
Fryslân · Netherlands
Portfolio companies
62
WebsiteLinkedInInvestor
02

What they invest in

Portfolio

03

Where to find them

Location

Nearby

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Address
Leeuwarden · FrieslandNo exact address

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