Thanks to an ERDF financial instrument, Hector le Collector—a start-up that collects urban food waste from offices and restaurants and transforms it into bio-energy—was able to purchase equipment and expand its services, collecting 45 tons of bio-waste in 2021.
Supported by a EUR 1.5 million-equity investment from the ERDF Financial Instruments in Bulgaria, Nasekomo, a successful biotechnology company at the forefront of European insect-based sustainable food production, will soon open an industrial demonstrator with a capacity of 600t/year.
Backed by a grant/loan combination funding from the ERDF ProFIT programme in the federal state of Brandenburg, Oviva, a leading diet coaching app has helped over 200 000 patients suffering from weight-related health problems.
A key objective of the CPR is administrative simplification, accelerating the delivery of public support in the real economy and streamlining the legal requirements for the development of financial instruments. The new CPR gives national authorities the possibility to set-up instruments suited to local, regional or national needs.
Alessio Lorusso, CEO of Roboze, a leading italian 3D company, built his first 3D printer alone in his bedroom at 17 out of curiosity and pure passion for 3D technology.
Supported by a EUR 3 million equity investment by Italy's Ministry of Universities and Research (MUR), Roboze is today a successful business developing machines and high performance components for worldwide giants.
The Greek Ministry of Development and Investments is supporting the restoration of thousands of individual houses and flats in the country, generating enough energy savings to light more than 600 thousand 100W lightbulbs continuously for one year.
Three successful trade sales in Greece, Think Silicon, Pushme and Instashop have enabled EquiFund financial intermediaries to exit their investments, whilst at the same time securing additional investment to support further growth and expansion of more companies.
’Just do it’ says Ton Overmeire, City of The Hague, when asked if he has any advice for cities and managing authorities thinking about using financial instruments to support the energy transition.
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