April 1, 2020<\/p>\n\n
The first financial emergency measures, including the NOW scheme, are now a reality. An ambitious, progressive, and valuable package. However, it is insufficient for startups. In China, VC investments have fallen by 57%; a similar trend is to be expected in the Netherlands and Europe, as confirmed by initial analyses from Dealroom. With our Borski Fund, we are in the middle of a dilemma: being cautious with investments without deepening the recession. Not locking everything down, but realistically searching for the new reality. <\/p>\n\n
<\/p>\n\n
The fact is that most private early-stage VC funds are currently tightening their purse strings until market predictability becomes more stable. However, in addition to refining plans and strategies, startups and scale-ups need capital now more than ever. Is nothing happening then? On the contrary, some investments are proceeding. Initial investments in startups are being made, provided that COVID-19 has only a limited impact (or even a positive one). However, the number of companies that meet these criteria is limited. We must not view the exception as the new norm; many, very many startups and scale-ups are having or will have great difficulty attracting capital. <\/p>\n\n
We see great value in deploying Dutch early-stage VC funds. As a government, make use of the existing expertise, time, network, and capacity of investors to provide short-term bridge loans to startups. This can be achieved with a simple product in the form of convertible loans. Why government money? Because private funds cannot simply lower their return requirements. <\/p>\n\n
If Invest NL sets aside \u20ac50M, approximately 25 VC funds can take small yet crucial steps, ensuring the Dutch VC landscape does not come to a standstill. This could help around 200 young companies with growth potential\u2014not least the relatively large group of female entrepreneurs in the early stages. <\/p>\n\n
We believe it is worth exploring this seriously. We have shared the detailed investment product with Techleap, the Dutch Startup Association, and Invest NL. <\/p>\n","protected":false},"excerpt":{"rendered":"
April 1, 2020 The first financial emergency measures, including the NOW scheme, are now a reality. An ambitious, progressive, and valuable package. However, it is insufficient for startups. In China, VC investments have fallen by 57%; a similar trend is to be expected in the Netherlands and Europe, as confirmed by initial analyses from Dealroom. […]<\/p>\n","protected":false},"author":8,"featured_media":14912,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,143,121],"tags":[],"class_list":["post-14911","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","category-borski-fund","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/startgreen.nl\/en\/wp-json\/wp\/v2\/posts\/14911","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/startgreen.nl\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/startgreen.nl\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/startgreen.nl\/en\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/startgreen.nl\/en\/wp-json\/wp\/v2\/comments?post=14911"}],"version-history":[{"count":1,"href":"https:\/\/startgreen.nl\/en\/wp-json\/wp\/v2\/posts\/14911\/revisions"}],"predecessor-version":[{"id":14913,"href":"https:\/\/startgreen.nl\/en\/wp-json\/wp\/v2\/posts\/14911\/revisions\/14913"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/startgreen.nl\/en\/wp-json\/wp\/v2\/media\/14912"}],"wp:attachment":[{"href":"https:\/\/startgreen.nl\/en\/wp-json\/wp\/v2\/media?parent=14911"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/startgreen.nl\/en\/wp-json\/wp\/v2\/categories?post=14911"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/startgreen.nl\/en\/wp-json\/wp\/v2\/tags?post=14911"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}