Drive impact in emerging markets with FMO

FMO, the Dutch entrepreneurial development bank, has partnered with Rockstart, one of Europe’s first accelerators, to find Dutch startups working on sustainable solutions in developing countries. Win development capital and get access to FMO’s network and knowledge.
 
Applications are now closed.
Be one of 5 Dutch startups to unlock
55000
to scale your sustainable solution to global challenges together with FMO

Solution Themes

We focus on key sectors that are crucial to economic and social progress, leveraging FMO’s expertise and networks in order to support sustainable growth for your business.

Clean Energy

Energy shortage is a barrier for the development of emerging populations. We are looking for solutions to expand access to reliable and sustainable energy, and to spark climate action.

Solutions we find interesting
  • Energy Distribution
  • Solar & Wind
  • Energy Storage
  • Grid Maintenance
  • Mini and Off-grids

AgriTech

The global population will increase to over 9 billion, with fewer resources available to provide sufficient food for all. This challenge demands solutions to help feed the world within the boundaries of our planet.

Solutions we find interesting
  • Farm Management
  • Crop & Feed Innovations
  • Precision & IoT Farming
  • Supply Chain Tech
  • Agribusiness Marketplaces

Health

A significant part of the world has trouble accessing healthcare. We are looking for groundbreaking technologies to provide affordable and quality healthcare for everyone, in every part of the world.

Solutions we find interesting
  • Medical Devices
  • Digital Healthcare
  • AI-assisted Healthcare
  • Payment & Insurance Tech
  • Nutrition
If your startup does not fall within the Finture Solutions 2020 focus sectors, please review the funding options offered by RVO, Dutch Good Growth Fund.

This year marks FMO’s 50th anniversary. 

We use our anniversary year to step up in the challenge to meet the Sustainable Development Goals; we only have 10 years left. We need entrepreneurial solutions to pressing issues like climate change and inequality.
Join forces and help ensure that the challenge of a decade, can be the achievement of a century!

Application Criteria

We are aiming to provide capital to Dutch startups that are driving positive impact in emerging markets via innovation in the Clean Energy, AgriTech and Health sectors.

Registered Dutch Startup

Registered at the Netherlands Chamber of Commerce (KvK registration) and have substantial activities in the Netherlands. Your startup was founded at least 1 year ago, yet not older than 5 years.

Active in Emerging Markets

Operating in one or more emerging markets (low to middle-income countries) or concrete plans and proven market demand to enter such markets in the short-term.

Driving Impact

Driving impact by creating jobs, reducing inequalities, improving the agricultural industry, providing access to renewable and affordable energy or providing access to healthcare in a responsible and sustainable way.

Scalable Business Model

You have a tested product-market fit and a proven business model that is scalable. Your startup has early revenues and is likely to incorporate venture capital in the medium term.

Not sure if you fit the bill? Please contact us at hello@finturesolutions.com

Timeline

After the applications close, the 30 most promising startups will be selected for the next selection round. The 10 selected finalists are invited to the pre-pitch event to learn more about FMO, pitch to the expert jury and prepare for the final round. At the final event the 10 finalists will pitch to the final jury who will choose the 5 winners of the second edition of Finture Solutions.

February 24

Applications Open

April 9

Applications Close

April 21

Top 30 Selected

May 8

Top 10 Selected

June 15

Pre-Pitch Event at FMO

June 18

Pitch Event at Rockstart

Stories

We create partnerships leading to shared value for local communities and Dutch startups.

FAQ

Finture Solutions is interested in startups and scaleups that have developed a solution applicable in emerging markets and who already operate in one or more emerging markets globally. The company must be established in the Netherlands and can show a KvK registration.  There is no requirement for founders being Dutch.

We are interested in scalable solutions (a product or service) supported by a solid business model. The solutions can be low-tech, high-tech, software, hardware. There is a demonstrated need for the solution being offered. The technology has been tested in an emerging market with a positive outcome and your startup is likely to be looking for venture capital investment in the medium term.

After we have received your application, we will evaluate it and let you know if you will be invited for the next selection round. We will hold online interviews with the Top 30 startups after which we will invite the Top 10 startups to the final Pitch Event at Rockstart on June 18.

At the Pitch Event, the five winners will be announced who will each receive the development capital of up to €125,000 and support from FMO industry experts. The Top 10 startups will be invited to the Pitch Event at Rockstart on June 18. All 10 startups will pitch to an expert committee in the morning in a smaller setting, and deliver a final pitch to the Jury on stage with a broader audience. The exact program is subject to change.

In order for us to help you, we are looking for startups that have developed at least an MVP (minimum viable product) and already operate in one or more emerging markets globally.

Emerging markets include the economies of all low, lower middle and upper-middle-income countries as defined by the Worldbank. Only high-income economies are not within the definition of emerging markets. For a complete overview of these countries, please check the Worldbank website.

No, there are no costs involved to participate.

FMO measures impact by the number of jobs created, GHG emissions avoided and inequalities reduced. You may suggest other impact indicators. Please refer to FMO’s sustainability policy. FMO will review the environmental and social aspects of your startup.

Do you have another question? Please contact us at hello@finturesolutions.com