Government

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finance&invest.brussels

Pierre Hermant leads finance&invest.brussels, the Brussels government’s direct investor and lender that backed over €44M in SME credit guarantees in 2023.

finance&invest.brussels

Founded as the financial instrument of the Brussels-Capital Region, finance&invest.brussels operates under CEO Pierre Hermant and Deputy CEO Béatrice de Mahieu. It does not manage conventional third-party capital; instead it deploys regional public funds, reinforced by European Investment Bank and European Investment Fund agreements, to back small and micro-enterprises, social-economy cooperatives, startups, scale-ups, and mature SMEs in the Brussels region. Its subsidiary Brusoc extends micro-loans, guarantees, and the "prêt proxi" — a citizen-sourced loan product — to the smallest local operators. The institution’s activity spans direct venture investments, co-investment alongside private funds, long-term loans, and guarantee facilities. It participates in early-stage rounds, writing equity tickets up to €5 million per company in co-investment structures. Confirmed portfolio positions include Yago (InsurTech), Recovr (FinTech receivables management), Resortecs (textile recycling), and dgenious (retail data SaaS). It also anchored Volta Ventures II, a €2 million commitment to the tech startup fund, and backed White Fund, a Belgian medtech vehicle that raised €20 million. Geographically the mandate is concentrated in the Brussels-Capital Region, with portfolio companies occasionally expanding into neighboring European markets. In 2025 the agency reinforced its leadership team by naming Béatrice de Mahieu as Deputy CEO. It maintains partnerships with the Belgian Venturing Association, Impact Finance Belgium, and the EuroQuity investor-company matching platform. Alongside its direct financing instruments, the entity owns and operates the MIX Brussels mixed-use complex in Watermael-Boitsfort, a €5 million architectural conversion project. The office also manages Brusoc, its dedicated social-economy and micro-enterprise arm, and screen.brussels, a sector-specific funding window for audiovisual and creative-industry companies. Deployment volumes are material: in 2023 alone, its guarantee instruments unlocked €44 million in bank credit for Brussels businesses, and its European guarantee envelope targets more than €600 million in new lending to regional SMEs. Structurally, finance&invest.brussels is neither a family office nor a fund manager — it is a public investment holding company wholly owned by the Brussels-Capital Region, blending a development-bank mandate with an active equity-co-investment practice. That hybrid posture lets it absorb risk that private capital avoids, evidenced by its Recover micro-loan program launched during the COVID-19 pandemic and its Energy&Reno loan product tied to building-energy retrofits. Its shareholder is the government, its limited partners are EIB and EIF facilities, and its ultimate beneficiary is the Brussels economic ecosystem — a closed-loop public-capital architecture rare among regional development agencies.

General information

Firm type

Government / Public Body

Year founded

AUM

Undisclosed

Location

Region

Europe

Country

Belgium

City

Brussels

Corporate office

Rue aux Laines 70, 1000 Brussels, Belgium

Principals

Pierre Hermant

CEO and Chairman of the Executive Committee

Béatrice de Mahieu

Deputy CEO and Vice Chair of the Executive Committee

Sector focus

Enterprise SoftwareFinTechInsurTechClimateTechEnergy Transition & RenewablesAgriTech & FoodTechMedia & EntertainmentReal EstateHealthcare Services

Frequently asked questions

Who runs investment decisions at finance&invest.brussels?

The Executive Committee, chaired by CEO Pierre Hermant and Deputy CEO Béatrice de Mahieu, oversees all financing and investment decisions. The committee directs the agency's equity co-investments, loan allocations, and guarantee facilities. Operational execution is handled through specialized teams including Brusoc for social-economy micro-finance and screen.brussels for the audiovisual sector, allowing decision-making to stay close to the specific needs of each Brussels enterprise segment.

How does finance&invest.brussels source its deal flow?

It sources through a dense local network that includes the Belgian Venturing Association, EuroQuity’s investor-company matching platform, and direct partnerships with Brussels-based startup accelerators such as Start it @KBC. The agency also runs its own outreach events — including Let’s Connect CEO gatherings and sector-specific breakfasts — and accepts direct applications via its website, where entrepreneurs submit financing requests for screening by internal teams.

Does finance&invest.brussels operate as a fund or a government agency?

It is a government agency structured as a public investment company wholly owned by the Brussels-Capital Region. Its mandate blends a regional development bank — offering loans, guarantees, and micro-credit — with an active equity co-investor that participates in venture and growth rounds alongside private funds. It is not a fund; it deploys public capital directly from its balance sheet and from European Investment Bank and European Investment Fund guarantee envelopes.

Does finance&invest.brussels participate in fund commitments or only direct deals?

It does both. The agency commits capital to local venture funds, including a €2 million anchor to Volta Ventures II and a position in the €20 million White Fund. In parallel, it makes direct equity investments — up to €5 million per company — in startups and scale-ups such as Yago, Recovr, and Resortecs, always in co-investment structures with private financial partners.

How is finance&invest.brussels related to Brusoc?

Brusoc is a wholly owned subsidiary of finance&invest.brussels focused exclusively on very small enterprises, cooperatives, and social-economy projects. It provides micro-loans, guarantees, and a citizen-funded loan product called prêt proxi. By separating Brusoc operationally, the parent agency keeps its SME and startup investing distinct from the higher-touch, smaller-scale financing that social and cooperative enterprises require.

What investment stages does finance&invest.brussels typically target?

It spans the entire lifecycle: pre-seed and seed rounds through Brusoc’s micro-finance instruments, early-stage venture equity for tech startups via direct co-investments, and growth and maturity-stage financing for established SMEs through loans and guarantees up to €5 million. Its Recover micro-credit program also targets distressed or transitional-phase businesses needing bridge capital.

Which sectors does finance&invest.brussels explicitly avoid?

The agency does not publish a formal exclusion list, but its actual portfolio skews heavily toward enterprise SaaS, FinTech, creative industries, and circular-economy manufacturing. There is no evidence of involvement in extractive industries, defense technology, or heavy industrial manufacturing. Its public-interest mandate and close alignment with Brussels’ regional economic priorities inherently filters out sectors incompatible with local job creation and sustainability goals.

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