The fi‑compass Blog

Stories of how financial instruments have an impact on the ground

IT solutions
11 April 2022
Innovative IT solutions for better business decisions

The ESSOR PME financial instrument featured at FI Campus 2019, has helped support the innovative local business, Datarocks.

Set up in 2014 in Sainte Marie, La Réunion, Datarocks develops and sells innovative IT solutions to help businesses transpose their raw data into interactive ergonomic dashboards. Thanks to a EUR 451 000 equity investment from the ESIF financial instrument, ESSOR PME La Réunion, the company has been able to grow and attract international customers such as Nokia or Thales.

7 April 2022
The leading private car rental in La Réunion

In June 2019, the start-up benefitted from EUR 540 650 equity investment from Essor PME La Réunion, an ERDF financial instrument set up by the La Réunion region. The company will use the investment to strengthen its R&D and operational team, acquire additional equipment, and replicate its economic model outside La Réunion.

Matooma sim card
4 April 2022
A success story in the field of SIM card connectivity
Backed by an equity investment from the ERDF financial instrument, SAS JEREMIE Languedoc-Roussillon (LR) and its fund manager Soridec, ranks today among the fastest growing companies in the field of SIM card connectivity.
wooden pallets
16 March 2022
A smart solution for your pallets and your wallet

A FOSTER TPE-PME loan helped the MagicPallet platform develop and grow. Today, 150 businesses are using it and this allowed the relocation of 3 million pallets, i.e. the equivalent of 84 tonnes of wood saved if new pallets had been manufactured.

fabrication of passive solar protection glazing
14 March 2022
Passive windows improve the carbon footprint of buildings

The FOSTER TPE-PME loan was a real game changer for Immoblade. The Toulouse based start-up is now signing its first contracts and equipping major clients such as Aéroports De Paris with its smart windows. 

A typical individual Hector bin that employees can fill in at home and bring back at the office.
10 March 2022
Green energy courtesy of your bio-waste

Thanks to an ERDF financial instrument, Hector le Collector—a start-up that collects urban food waste from offices and restaurants and transforms it into bio-energy—was able to purchase equipment and expand its services, collecting 45 tons of bio-waste in 2021.

Academia de codigo
29 October 2021
Portugal: ESF Social Impact Bond for coding bootcamps

Backed by a EUR 723 500 investment from the Portugal Social Innovation Social Impact Bond and private investors, Academia de Código bootcamps have enabled dozens of unemployed people to find a coding job in just 14 weeks!

Nasekomo - Insects
29 October 2021
Nasekomo: sustainable food from insects

Supported by a EUR 1.5 million-equity investment from the ERDF Financial Instruments in Bulgaria, Nasekomo, a successful biotechnology company at the forefront of European insect-based sustainable food production, will soon open an industrial demonstrator with a capacity of 600t/year.

Profit - cooking
29 October 2021
ProFIT supports leading diet coaching app in Europe

Backed by a grant/loan combination funding from the ERDF ProFIT programme in the federal state of Brandenburg, Oviva, a leading diet coaching app has helped over 200 000 patients suffering from weight-related health problems.