A subsidy of €2.4 million has been awarded to VentureLab Twente by the Ministry of Economic Affairs and the provinces of Overijssel and Gelderland within the EU-funded ‘GO Gebundelde Innovatiekracht’ programme.

The Twente region and Innovation Platform Twente are also expected to contribute to VentureLab Twente to bring subsidies to €3.5 million.

The subsidies mean that costs for participants can be kept as low as possible!

See also a full news item on the University of Twente site (soon available in English) and the specific press section here.

VentureLab Twente has planned to start training a new group of entrepreneurs in January, so
a need for more coaches is emerging!

A panel of experienced business incubator managers has selected the most recent recipients of the NBIA Soft Landings International Incubator designation from November 2009.

And… the VentureLab Twente Incubator hereby has been granted this Soft Landings designation for the first time!

Now in its fifth year, the Soft Landings program recognizes incubators with proven ability to help nondomestic companies enter the incubator’s domestic market.
NBIA’s Soft Landings designations are effective for two years; programs must reapply biennially for continuing designation.