Doefonds Fryslân

Doefonds Fryslân serves as a vital financial catalyst for Frisian enterprises seeking to transform innovative ideas into reality. Through the Frisian Development Company (FOM), entrepreneurs gain access to essential risk-bearing capital structured as subordinated loans or equity investments ranging from €25,000 to €1.5 million. This strategic financial support often unlocks additional banking resources, creating a powerful synergy between different funding sources. The capital functions as an economic accelerator, requiring repayment after several years at market-conforming interest rates, distinguishing it from traditional subsidies.

The fund's comprehensive approach addresses the needs of both emerging startups and established companies across Friesland's diverse business landscape. With €32 million in investment capital provided by the province of Fryslân, the fund demonstrates a significant long-term commitment to strengthening the regional economy. This substantial financial backing enables FOM to support a wide spectrum of growth initiatives, from early-stage product development to market expansion projects, helping Frisian businesses overcome capital constraints that might otherwise limit their potential.

Beyond domestic growth financing, FOM offers specialized export guarantees for companies with international ambitions. These guarantees, ranging from €25,000 to €200,000, are processed within an expedited two-week timeframe, enabling Frisian SMEs to confidently pursue cross-border opportunities without delay. This international focus reflects FOM's understanding of global market dynamics and the importance of helping regional businesses compete effectively in international markets, thereby expanding Friesland's economic footprint beyond national boundaries.

The fund operates with robust governance and expert oversight to ensure responsible investment decisions. An entrepreneurially-minded investment committee evaluates business proposals based on viability and growth potential, while a dedicated supervisory board provides strategic guidance. FOM further enhances its capabilities by leveraging the extensive expertise of the Northern Development Company (NOM), which manages the fund's operations. This professional management structure ensures that capital is deployed effectively to maximize economic impact while maintaining appropriate risk management practices, making FOM an ideal partner for ambitious Frisian entrepreneurs ready to accelerate their business development.