Besides Imec, investors are the Flemish Region, ING Belgium, BNP Paribas Fortis, the Cronos Group and Telenet.

The fund offers Flemish tech entrepreneurs an initial investment of  €50,000 to help them start their businesses.

High-promise start-ups will also have a chance to receive further financial support from the fund.

These companies will receive additional pre-seed funding ranging from €20,000 to €100,000.

Further support to help them further develop their business will be through Living Labs trajectories, rapid prototyping and C-level leadership coaching.