{"id":20869,"date":"2023-10-31T08:23:25","date_gmt":"2023-10-31T07:23:25","guid":{"rendered":"https:\/\/ggba.swiss\/?p=20869"},"modified":"2023-10-31T08:23:26","modified_gmt":"2023-10-31T07:23:26","slug":"four-innovative-geneva-start-ups-receive-fif-support","status":"publish","type":"post","link":"https:\/\/ggba.swiss\/en\/four-innovative-geneva-start-ups-receive-fif-support\/","title":{"rendered":"Four innovative Geneva start-ups receive FIF support"},"content":{"rendered":"\n<p>The FONGIT Innovation Fund (<a href=\"https:\/\/www.fongit.ch\/financing\">FIF<\/a>), a critical driver of innovation in the canton of Geneva, has announced its recent endorsements, with four start-ups walking away with significant backing. The awards serve as a testament to the diverse technological landscape in Geneva and the broader Western Switzerland ecosystem&#8217;s commitment to the United Nations&#8217; Sustainable Development Goals (SDGs).<\/p>\n\n\n\n<p>Established to spur innovation and scale up promising companies, the FIF&#8217;s focus aligns with the UN&#8217;s SDGs. With the backing of the State of Geneva, the Geneva Foundation for Technological Innovation (<a href=\"https:\/\/www.fongit.ch\/\">FONGIT<\/a>), Geneva Chamber of Commerce (<a href=\"https:\/\/www.ccig.ch\/\">CCIG<\/a>), the UN International Trade Center (<a href=\"https:\/\/www.ungeneva.org\/en\/about\/organizations\/itc\">ITC<\/a>), and the UN Environment Agency, the fund has consistently recognized and supported technological startups and SMEs at varying developmental stages. Through its three-pronged financial mechanism, the FIF offers the FONGIT Scholarship (up to CHF 50,000), FONGIT Seed Loan (up to CHF 100,000), and FONGIT Growth Loan (up to CHF 400,000).<\/p>\n\n\n\n<p>Among the four new recipients of the FIF, <a href=\"https:\/\/resolve.ch\/en\/\">Resolve SA<\/a> received a growth loan of CHF 100,000. This fintech has crafted a unique platform bridging private borrowers with financial institutions, spanning mortgage financing to tax planning. With a staff of 50, Resolve maintains its headquarters in Geneva and has marked its presence across Switzerland.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.dronecontrol.co\/\">DroneControl S\u00e0rl<\/a>, a frontrunner in secured live broadcasting for emergency services using drones, was awarded a seed loan of CHF 100,000. Their technology offers real-time connectivity from incident sites to command centers globally, currently serving security and rescue operators across Europe.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.earlysight.com\/\">EarlySight SA<\/a>, stemming from the Swiss Federal Institute of Technology in Lausanne (<a href=\"https:\/\/www.epfl.ch\/en\/\">EPFL<\/a>), also received a seed loan of CHF 100,000. Their specialty lies in cutting-edge imaging tools for healthcare professionals, enabling the detection of disease effects that often elude standard methods.<\/p>\n\n\n\n<p>Lastly, <a href=\"https:\/\/artemix-biotech.com\/\">ArtemiX Biotech SA<\/a>, an early clinical-stage project collaboratively helmed by the School of Pharmaceutical Sciences at the University of Geneva and Lausanne&#8217;s University Hospital, received a CHF 50,000 grant. The start-up is deeply entrenched in innovating treatment methodologies for chronic kidney disease.<\/p>\n\n\n\n<p>The FIF board convenes multiple times a year to review and fund start-ups. Those aiming to tap into this opportunity should note the next application deadline slated for 7 November 2023.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Geneva&#8217;s FIF has backed four promising start-ups, fostering innovation in line with the UN&#8217;s Sustainable Development Goals.<\/p>\n","protected":false},"author":6,"featured_media":20870,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"mc4wp_mailchimp_campaign":[],"footnotes":""},"categories":[839],"tags":[941,894,966,974,963,926,899],"class_list":["post-20869","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tech-en","tag-drones","tag-financing","tag-fintech","tag-ict","tag-medical-devices","tag-medtech","tag-sustainability"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ 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