Funding to accelerate the growth of your start-up

The Starterslift Investments pre-seed funding is meant specifically for you to start a knowledge-intensive start-up.

There are specific factors to keep in mind:

• The maximum amount of money you may loan is € 50.000,-.
  This applies if there is more than one founder/shareholder within your start-up. The funding will be provided in equal parts to all founders/shareholders. Are you the only founder? In that case, the maximum amount you may loan is € 35.000,-.

• The minimum amount of money you may loan is € 5.000,-.
• The funding will be provided to you (and your business partners) as a natural person, following this you are required to use the loaned sum for your enterprise.
• The funding may only be used for:
  • Initial costs and start-up costs when starting an enterprise;
  • Licensing intellectual property (research and registration of a patent, brand or model);
  • Prototype development;
  • Research into commercial and/or technical viability;
  • Rent for enterprise accommodation;
  • External guidance and support;
  • Livelihood (under strict conditions).
• Payment is based on declarations including copies of invoices and proof of payment.

Duration:

Loans up to € 18.000:

• The full duration is 3 years;
• The first 2 years are interest-only;
• In the third year you will pay off your debt and interest in 12 equal monthly payments.

Loans above € 18.000:

• The full duration is 4 years;
• The first 2 years are interest-only;
• In the third and fourth year you will pay off your debt and interest in 24 equal monthly payments.

Penalty-free repayment is always possible before the full duration. Repayed sums cannot be withdrawn again;

Interest:

The interest rate is 5%. The interest rate is static for the entire duration and is calculated across the entire duration. You will be paying interest:

• During the interest-only period: once a year (for the entire year)
• As soon as redemption has started: in equal monthly payments, along with your redemption.