NOM

NOM is structured as the public investment and development agency for the Northern Netherlands, backed by the Dutch state and the provinces of Groningen, Fryslân, and Drenthe. It operates with a public mandate to strengthen the regional economy through direct investment and cluster development. Its legal form is a private company with public shareholders, which allows it to deploy capital using instruments like subordinated loans and minority equity.

NOM engages with small and medium enterprises, scale-ups, and established companies located in or relocating to the Northern Netherlands. The firm targets specific sectors tied to the region's industrial strengths: agri-food, energy (including renewables and hydrogen), chemistry, high-tech systems and materials, IT, life sciences and health, water technology, and maritime. It works across stages, from early-stage startups requiring proof-of-concept funding to mature companies seeking growth capital or buyout support.

Based on publicly available information, NOM deploys capital primarily through direct investments — equity, subordinated loans, and occasionally mezzanine instruments — rather than committing as a limited partner to third-party venture or private equity funds. Its mandate focuses on building and retaining value inside operating companies in the Northern Netherlands, making fund-of-funds commitments a less typical tool for its economic-development goals.