The Institute for the promotion of Innovation by Science and Technology (Innovatie door Wetenschap en Technologie, IWT-Flanders) is a
The Institute for the promotion of Innovation by Science and Technology (Innovatie door Wetenschap en Technologie, IWT-Flanders) is a public institution in Flanders (Belgium) to provide R&D and innovation support. The institute was established by the Flemish government in 1991. To support its goal the institute has several financial tools and an annual budget of 190 million EUR (in 2002) at its disposal. Paul Zeeuwts was its President from 1991 until 2009.Besides direct funding of projects, the institute provides a variety of services to the local industry in the field of technology transfer, partner search, information about international subsidy options, etc. Part of its mission is to promote a strong co-operation between all organisations in Flanders, offering technological innovation services to companies. Over the years the institute has become the knowledge center for R&D and innovation in Flanders.
Date
Company Name
|
Round | Money Raised | Industry | Lead Investor |
---|---|---|---|---|
Nov 7, 2017
Bloomlife
|
Grant | $2.30M | Fitness | — |
Sep 25, 2017
eTheRNA immunotherapies
|
Grant | €1M | Biotechnology | Yes |
Feb 3, 2017
Confo Therapeutics
|
Grant | €1.60M | Biotechnology | Yes |
Dec 20, 2014
Motosmarty
|
Grant | $500K | Analytics | — |
Jul 2, 2013
Okapi Sciences
|
Grant | — | Biotechnology | Yes |
The Institute for the Promotion of Innovation by Science and Technology in Flanders has had 3 exits. The Institute for the Promotion of Innovation by Science and Technology in Flanders most notable exits include Galapagos , Nomadesk
Date | Company Name | Exit Type | Industry | |
---|---|---|---|---|
Oct 5, 2017 | Galapagos | IPO | Biopharma | Detail |
Mar 27, 2017 | Nomadesk | M&A | Cloud Computing | Detail |
Jan 6, 2014 | Okapi Sciences | M&A | Biotechnology | Detail |