WE OFFER

FINANCIAL SUPPORT

Fongit supports innovative startups at different stages of their journey with 3 types of financing options

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FONGIT INNOVATION FUND - FIF GENEVA

The Fongit Innovation Fund aims to accelerate innovation processes within Universities, Hautes Ecoles and other Geneva-based research institutions, within startups, scale-ups, and SMEs experiencing rapid growth in a technological environment. The FIF focuses on any technological innovation applied to Sustainable Development Goals.

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Fongit Grant

CHF 50k

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Fongit Seed

CHF 100k

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Fongit Growth

CHF 400k

FONGIT GRANT

Amount

 up to CHF 50'000 

Pre-conditions

 Clear intention to create an enterprise and fulfil at least one Sustainable Development Goal

FONGIT SEED LOAN

Amount

  up to CHF 100'000 

Pre-conditions

 POC (Proof of Concept) available, developments supported by intellectual property (IP) proving the technological and/or scientific feasibility. Fulfil at least one Sustainable Development Goal

FONGIT GROWTH LOAN

Amount

 up to CHF 400'000

Pre-conditions

 Fast-growing turnover, fulfil at least one Sustainable Development Goal

Beneficiary

Scientific research project originating from a Geneva University or local  research institute with the objective of launching a new product, process or service addressing a real economic or social need with a proven potential market

Financial conditions

 Grants are allocated to the project leader with a reimbursement clause in case of success. Grant cannot be used as founding capital to set up a company

Beneficiary

 Geneva-based technology companies in the seed stage - in particular startups with an innovative  product or service addressing a real market need.

 The Company must be registered  in the Canton of Geneva

Financial conditions

 Seed Loan cannot be greater than 70% of the total budget/funding round which must also be financed by the founders or third party funds. Reimbursement  to start in Year 3, can last thereafter up to 5 years. Possibility of early pay-back through conversion into equity

Beneficiary

 Geneva-registered SMEs developing  high tech innovations, seeking to accelerate their business development and/or experiencing digital transformation.

 The Company must be registered  in the Canton of Geneva

Financial conditions

 Growth Loan cannot be greater than 50% of the total budget/funding round which must also be financed by the founders or third party funds. Reimbursement within 5 years - also possible earlier through conversion into equity. Interests amounting to  LIBOR/12months +250bps

APPLICATION

Check the eligibility of your project/company; if you qualify you will be automatically redirected to the corresponding application form.

This check is entirely non-binding.

Fongit Grant

Your early-stage project needs financial support to transition from research institution to creating a new company

Fongit Seed

Your seed stage company needs financial support to hit an eager market

Fongit Growth

Your expanding company needs financial investment to support its fast-paced growth

À propos du FIF


Le Fonds de soutien à l'innovation (Fonds d’Innovation FONGIT - FIF) vise à favoriser l'accélération des processus d'innovation au sein des Universités, des Hautes Écoles et des instituts de recherche genevois, ainsi que au sein des start-up, des scale-up et des petites et moyennes entreprises (PME) technologiques en forte croissance. Le FIF se focalise sur toutes innovations technologiques au service des Objectifs du Développement Durable (SDGs). L’attribution d’un soutien du FIF est indépendante des autres programmes de soutien proposés par la Fongit (Geneus, incubation de la Fongit, ...) Pour en savoir plus sur le règlement intérieur du FIF. Plus d’informations sur le processus de candidature.




Le Comité de Sélection


La Fongit suit les candidatures tout au long du processus, analyse chaque demande, prépare et présente la candidature au Comité de Sélection, assortie d’une recommandation. La mission du Comité de Sélection est de décider d’accorder ou non les demandes de financement présentées par la Fongit. Le Comité de Sélection est composé des membres suivants : - Dr. Igor Fisch, représentant du Conseil de Fondation de la Fongit - Prof. Antoine Geissbulher, représentant de l’Université de Genève - Caroline Widmer, représentante de la Haute école spécialisée de Suisse Occidentale Genève - Kustrim Reka, représentant de l’État de Genève, au sein du département chargé des politiques publiques liées au développement de l’économie





FUNDING AND PROCESS