The outcome
If your application is discussed by the funding table after initial assessment by Oost NL, there are three possible outcomes:
Your issue will still be addressed by one or more partners.
The issue is referred to an alternative source of funding, with the funding roundtable guiding the process to the right contact. This could include a grant or an informal investor.
Your proposal has been rejected.
If the case is rejected, the funding panel may suggest a number of alternatives. The funding panel may also provide advice on a necessary coaching programme, funding opportunities or refer you to a third party such as partners Kiemt, Briskr, Orion and Connectr. These parties may also offer further value. However, neither the website nor the funding panel offers any guarantee that funding will (ultimately) be secured. There is no right of appeal against a decision by the funding panel. That said, the funding panel will do everything in its power to help entrepreneurs and, in doing so, will also think outside the box.