Caring Entrepreneurship Fund
Activity report
2016
The Caring Entrepreneurship Fund wants to promote entrepreneurship in the
Health and Wellness sector in Belgium by supporting starting entrepreneurs
through financial help, networking and mentoring. A special emphasize is put
during the selection of the projects on the potential of job creation the activity
of the company will generate.
It was created in 2009 by Roch Doliveux who strongly believes that
entrepreneurship is key for the vitality of the economy and that the Health and
Wellness sector has an important role to play in the future of a welfare state.
This is even more so in our current situation of aging population that puts extra
strain on the system.
Depending on the projects, the Fund offers financial support through loans or
participations in the capital. We also create networking opportunities to the
entrepreneurs. Meeting the right person at the right moment is often a crucial
boost in the development of the start-ups.
Thanks to our collaboration with Réseau Entreprendre/Netwerk Ondernemen
we provide mentoring to the Fellows in the areas where they need specific help
at the different stages of development of their projects.
This brochure will give you an overview of the companies that were helped since
the creation of the Fund. Initially the Fund was mainly distributing grants and
has now adapted its policy to propose loans, participation in the capital of the
company or in-kind help. It has proven more efficient for the entrepreneurs. It is
a trigger to perform but also, it keeps our relationship alive so that we can offer
additional support in terms of expertise or networking. It also ensures that the
money circulates and comes back to the Fund to be reinvested in new exciting
projects. This way, we hope to have the wheel running for a long time!
www.caring-entrepreneurship.org
The «Caring Entrepreneurship Fund» initiative appeals to
the societal responsibility of anyone who trust that, in our
world, entrepreneurship and business start-ups, especially
in the field of health and wellness with large rising unmet
needs, are a key force for development and progress.
Through the creation of the Fund, I therefore wanted to encourage
entrepreneurship. The societal impact, the wealth creation, the employment
opportunities and the future of the planet reside in the hands of entrepreneurs –
those capable, innovative, driven individuals who can effect change and make things
happen.
The goal of the CEF is to guide entrepreneurs when they decide to create their
companies, often as soon as they conceive the idea. We usually act in the early
stages, before equity investors become involved.
In this context, assisting new entrepreneurs in the steps they take, by making
available to them the accumulated experience, networks and financial resources, is
not only a moral duty, but also a contribution to social progress.
This project started as a personal initiative as a result of a restructuring I had to lead
in 2008 with the firm goal to help people start their own business and create
jobs. Since then, several Entrepreneurial Philanthropists have joined and I am
appealing to the responsibility of any successful entrepreneur, any successful leader
and financiers to join forces with us, for supporting new entrepreneurs with the
shared ambition to build a better world.
I encourage you to read the stories of the fellows entrepreneurs whom the Caring
Entrepreneurship Fund has supported so far. They should further fuel your desire to
join.
On behalf of the Steering Group and the Investment Committee, I thank you for
your donations whether monetary and/or in kind.
Warm wishes,
Roch Doliveux
Founder of the Caring Entrepreneurship Fund
Apiquiet
Apiquiet is active in the development of solutions allowing the elderly to live longer
at home.
Our system is based on sensors that monitor activities inside the home and
seamlessly connects the elderly to their ‘care’ network. Caregivers and family,
equipped with mobile devices (tablet and/or smartphone), can consult the status of
their resident at any time and receive alerts when unexpected events occur. Alerts
may be activated by the resident himself or by the system which detects an unusual
situation.
During year 2015 we completed the pilot phase and we validated the end-user
package solution. Apiquiet is now in a roll-out phase, and has been successfully
deployed on several locations. Our current challenge is to extend our position on the
Belgian market by cooperating with care providers’ networks.
Date of creation: 2014
Support of the CEF: loan - 20.000€ in 2014
Location: Mons
Number of people employed (2016): 1
Turnover (2015): 10.000€
Contact person: Gregory Lenoir, [email protected]
www.apiquiet.com
Axinesis
AXINESIS is a medtech start-up founded by Julien SAPIN and Eric HANESSE.
The company, a spin-off from the Université Catholique de Louvain (UCL, Belgium),
carries a clear mission : to improve functional recovery of patients through innovative
and accessible technologies dedicated to the rehabilitation of impaired upper limbs
of stroke adults or cerebral palsy children.
Axinesis’s REAplan, is an ergonomic, interactive and auto-adaptive device, combining
robotics and therapeutic gaming, which has demonstrated its contribution during the
rehabilitation programs of patients : the intensity of repeated movements, as
allowed by the REAplan, optimizes the process of neuronal reorganization, also
known as neuroplasticity, after brain injuries and then, motor development in
cerebral palsy children and recovery in stroke adults.
The company has worked in close clinical collaboration with the Pr. Thierry Lejeune
from the University Hospital of Saint Luc, an active Key Opinion Leader in the fields of
physical medicine & rehabilitation.
Further partnerships have been set with other Key Opinion Leaders, such as Pr. Yves
Vandermeeren from the University Hospital of Dinant Godinne. Other projects will
soon be made public, with European Key Opinion Leaders.
Axinesis has started to sell its product to hospitals and rehabilitation centers in
several countries in Europe.
Date of creation: 2015
Support of the CEF: participation in capital - 40.000€ in 2015
Location: Louvain-la-Neuve
Turnover: /
Contact person: Eric Hanesse, [email protected]
www.axinesis.com
DNAlytics
DNAlytics is a Belgian company founded in 2012 as a UCLouvain Spin-Off that bases
its activities on a data mining technology platform. Based on this technology
platform, DNAlytics covers the whole development of data-driven personalized
medicine solutions, from R&D to market access. DNAlytics proposes its expertise in
the form of two separate offers: a data mining consultancy service and the
development of a data-driven personalized medicine product pipeline.
DNAlytics received various awards, namely from IBM, Microsoft, the European
Commission and the MIT both for its technology and its business model. Our first
marketed products are in Rheumatology. RheumaKit-Dx is a differential diagnostic
product for patients with undifferentiated arthritis. RheumaKit for Patients is a
mobile application disease activity monitoring in patients with arthritis. RheumaKitTx, a treatment response prediction tool is under development. Another product, in
oncology, is in development.
Date of creation : 2012
Support of the CEF: loan – 50.000€ in 2012
Location: Louvain-la-Neuve
Number of people employed (2014): 4
Turnover (2015):130.000€
Contact person: Thibaut Helleputte, [email protected]
http://dnalytics.com
Domobios
Domobios is a pharmaceutical laboratory active in the development and sale of
products aimed at eradicating domestic pests like house dust mites. Its main product,
Acar'Up, is the leader in the treatment of house dust mites allergies in Belgium. It's a
trap device, very easy to use, designed to extract and kill the allergenic dust mites
living in mattresses, chairs, carpets and other upholstered furniture. Acar'Up is
supported by allergists and sold in all Belgian pharmacies.
Our current challenge is to find a strategic partner to expand worldwide. Up till now,
Domobios has been focusing on developing the Belgian market in order to create a
"proof of business". Belgian market is now a success, we focus on our expansion and
look for strategic partners for our worldwide expansion.
Date of creation : January 2013
Support of the CEF: participation in capital – 50.000€ in 2013
Location: Brussels
Number of people employed (2014): 7
Turnover (2014): 600.000€
Contact person: Pierre Buffet, [email protected]
www.acarup.com
www.domobios.com
Esperity
Esperity is a tool dedicated to the cancer community, allowing cancer patients to
interact and exchange valuable information. Esperity is a platform for cancer patients
to share experiences with other cancer patients in order to fully empower each
other. Furthermore, Esperity provides users with a tool for the daily management of
their condition, involving their cancer treatment, symptoms, lifestyle indicators and
an overview of open clinical trials. Through Esperity cancer patients throughout the
world can connect with each other without any language barriers.
Our current challenge is to get traction on the B2B side. Up till now, Esperity has
been focusing on acquiring users on the platform in various languages. Now that
there is traction on that side, the business model needs to be validated.
Date of creation : September 2012
Support of the CEF: convertible loan - 50.000€ in 2014
Location: Brussels
Number of people employed (2015): 1
Turnover (2015): /
Contact person: Mitch Silva, [email protected]
www.esperity.com
Generous
Generous is an artisanal bakery offering a range of delicious handmade, organic and
gluten free products. Today, Generous has a range of six different cookies and four
baking mixes (Claudine Cuisine). The products are available at organic shops and fine
grocery stores in Belgium, France and 5 other countries.
The company aims to build an international brand based on three pillars:
 Taste: to offer delicious biscuits using prime gluten-free organic ingredients
and original recipes.
 Gluten-free: increasing demand for free-from-foods, while creating a snack
appealing to sensitive taste-buds, gluten-intolerant or not.
 Strong brand identity: original packaging, appealing marketing and a hint of
“Belgitude”.
Our current challenge is to maintain a sustainable growth while improving the profit
margins by enlarging the current product range, consolidating the current clients and
developing new markets in Europe and overseas.
Date of creation: 2012
Support of the CEF: participation in capital - 50.000€ in 2013
Location: Anderlecht, Brussels
Number of people employed (2015): 8
Turnover (2015): 740.000€
Contact person: Christophe Harou, [email protected]
www.generous.eu
icometrix
By performing advanced measurements on brain MRI scans, icometrix provides
clinicians with key information about their patients’ brain. The new information,
which cannot be visually detected on the MRI scans, leads to improved and more
personalized care of people with a neurological disorder.
Our main clinical product, MSmetrix, is developed especially for people with Multiple
Sclerosis. In addition, icometrix acts as an image analysis expert in various clinical
trials and research studies. The principle is the same; we receive brain images,
perform advanced automated measurements and make reports available.
Our current challenge is to transform from a project to a product company,
distributing MSmetrix further in the European Union and United States, including
regulatory approval in the US and becoming the global standard. MSmetrix already
received market approval in the EU and other countries including Canada, Brazil and
Australia.
Date of creation : 2011
Support of the CEF: participation in capital – 50.000€ in 2011
Location: Leuven
Number of people employed (February 2016): 30
Turnover (2015): 1.400.000€
Contact person: Dirk Loeckx, [email protected]
www.icometrix.com
Makt
MAKT tries to connect the dots of Health, Comfort, Aesthetics and Independence for
wheelchair users. We consult and initiate new studies on every aspect that needs
consideration: pressure sores, moisture, temperature… That’s the kind of expertise
we use to develop products completely adapted to a seated life with all its
complications. We have managed to design products that eliminate pressure points.
We have found fabrics that improve temperature as well as decrease moist. And we
combine it all with sleek and modern designs that ultimately raise the bar for the
whole industry.
At MAKT, we are not only trying to revolutionize the way the world looks at
wheelchair users, but also how wheelchair users look at themselves. By producing
therapeutic clothes from the newest fabrics and infusing them with the latest
technology, we have reinvented the way wheelchair fashion can be created as well as
worn!
Date of creation : 2016
Support of the CEF: loan – 30.000€ in 2016
Location: Antwerp
Number of people employed (2016): 2
Turnover (2015): /
Contact person: Steven Claeys, [email protected]
Marjore
Marjore is an innovative application that aims to raise awareness about diabetes in a
fun and interactive way. Marjore also gives the patients a tool to inform their
environment about their own disease.
We give the users an opportunity to connect with the diabetes online community
through the game and at meet-ups. With the game, the users learn about the impact
of diabetes in a person’s life and connect with the global health community.
The challenges ahead of us:
 Further coding of the wireframes/apps
 Continue the re-launched market research
Date of creation : 2012
Support of the CEF: grant – 11.250€ in 2012
Location: Brussels
Number of people employed (2015): 1
Turnover (2015): /
Contact person: Margot Vanfleteren, [email protected]
http://marjore-edu.blogspot.be
Mimique
Mimique is a skincare line of 4 products: Cleansing Milk, 2 Liposomal creams for the
face and a Body Lotion. It is distributed through the independent local and online
pharmacies in Flanders. It is 100% based on biomimicry science: “innovation inspired
by nature”. They are skin-identical creams: the structure & composition of the
Mimique creams are almost identical to the natural structure and composition of our
skin. They are free from all preservatives, the probability of contact allergies is
thereby minimized. The products focus on safety and efficacy/effectiveness. Also
suitable for the ultra-sensitive skin of cancer patients (during/after
chemotherapy/radiation). Unisex and 100% safe, also suitable for babies and
children.
Our current challenge is exploring International markets, like the Scandinavian
countries (more open to this kind of disruptive skincare).
Date of creation : 2014
Support of the CEF: loan - 20.000€ in 2014
Location: Gent
Number of people employed (2015): 1
Turnover (2015): /
Contact person: Nisha Van Wanzeele, [email protected]
http://mimique.be/
Osimis
Osimis' mission is to re-wire the medical imaging space through the use of open
source software. The spin-off was created alongside the Orthanc open source project
(FSF 2015 Award for Advancement in FOSS winner) to help it reach a wider market.
Besides providing consulting, custom developments and training services around
Orthanc, Osimis also develops a SaaS product, lify.io, that enables storage, viewing,
processing and sharing of medical imaging on local devices as well as in the cloud.
Date of creation : 2015
Support of the CEF: loan – 30.000€
Location: Liège
Number of people employed: 4
Turnover (2015): 12.700€
Contact person: Frédéric Lambrechts, [email protected]
Pridiktiv
Pridiktiv is a smart and mobile health collaboration platform.
Pridiktiv collects and communicates data from connected healtcare devices to our
secure servers in order to create operational excellence that applies to every
level and every person in the organization and improve the quality of life of patients.
We want people, organizations and governments to rethink the way they're working
and embrace todays technologies and possibilities.
It is our ambition to redesign the future of healthcare.
Date of creation : 2015
Support of the CEF: convertible loan - 50.000 in 2015
Location: Ghent
Number of people employed in 2015 : 2
Turnover 2015: /
Contact person: Jeroen De Backer
[email protected]
http://pridiktiv.care
Qualenica
Qualenica is an innovative pharmaceutical company specialized in compounding
support. Our main customers are:
 Pharmacies: Qualenica supports the pharmacists in their compounding
activities and in helping them make a range of profitable, private label
products.
 Retirement home distributors: Pharmacies who distribute products to
retirement homes can ask help from Qualenica for making half and unique
dosed capsules for individual packed medicines.
 Pharmaceutical groups: Building a cross-pharmacy brand that unites several
pharmacies into one group with a clear brand image and identity.
 Universities and R&D institutions: We have machines and people with a broad
experience at disposal for research projects.
Recently Qualenica founded a new GMP facility for raw materials to ensure upstream
supply to Qualenica and all pharmacies and industries at competitive prices.
The challenges ahead of us are to capture as much of the market as possible before
competitors go to market. Continue developing a performant sales team to support
our monthly growth of 10%.
Date of creation : 2013
Support of the CEF: loan – 30.000€ in 2014
Location: Antwerpen
Number of people employed (March 2016):13
Turnover (2015): 617.000€
Contact person: Toon Jacobs, [email protected]
http://www.Qualenica.be
SKINOO
Skinoo is a new, patented invention to help mothers enjoy their breastfeeding. Many
women suffer from chapping and cracks which can be very painful and force them to
abandon breastfeeding.
The rings are placed on the nipple in the bra between the breastfeeding sessions. It
allows:
• to protect nipples from rubbings and irritating contacts with fabrics,
• to prevent nipples from getting crushed and avoid skin folds in the bra,
• to let the skin breathe in order to prevent maceration and promote healing,
• to enhance oils, gel, creams or breast milk drop penetration by preventing
absorption through pads or fabrics.
The company was created by Jasmine De Wulf, a 43 years old mother of 4. The
breastfeeding rings were designed on the basis of her own experience and with
advice of doctors. They were developed with the help of a research center specialized
in medical devices. In the future, Jasmine would like to develop a new range of
innovative products to meet the particular comfort needs of new mothers.
Date of creation : 2013
Support of the CEF: loan - 25.000€ in 2013
Location: Izel (Province Luxembourg)
Number of people employed (2014): 1
Turnover (2013): 5.000 €
Contac person: Jasmine De Wulf, [email protected]
http://skinoo.com
TALOS Health Solutions
Talos Health Solution (THS) is a virtual web congress solution dedicated to
healthcare, centered on patients and business ethics, addressing the unprecedented
challenges in healthcare around the world.
Our mission is to develop innovative web solutions in healthcare, and our vision is to
become a patient-centric global leader in medical preventive education. We provide
consulting and cost effective web solutions to stakeholders for turning actions into
results for the well-being of patients. THS has the ambition of bridging the knowledge
gap that exists between patients/public, healthcare personnel and pharmaceutical
companies by creating virtual events around health-related topics. THS has created
and developed a unique in-house web bidirectional 3D platform
(HealthWebEvents.com) translated in 11 languages and replicating the ergonomic
layout of a physical convention center. This cutting-edge technology and forum give
patients and caregivers the ability to have a voice and become more involved in the
treatment and decisions which impact their lives.
Date of creation: 2011
Support of the CEF: participation in capital - 30.000€ in 2011
Number of employees: /
Turnover (2015): /
Location: Brussels
Contact person: Jerome Pradier, [email protected]
www.taloshealthsolutions.com
Zebra Academy
"Stroke is the second cause of death world-wide and the second cause of disability-
adjusted life in high-income countries. The burden of stroke can be mitigated by
emergent expert support. Much progress has been achieved for inhospital stroke
management, but a scalable solution to optimize prehospital care has not yet been
established.
As Telemedicine is considered the prime candidate to bridge this gap, Zebra Academy
developed a solution which brings the stroke expert in direct contact with the patient
during ambulance transportation through video-calling and a web platform. Zebra
Academy is an innovator and leader in telemedicine solutions and therefore the first
to support a proof-of-concept for 24/7 in-ambulance telestroke support.
By speeding up the diagnostic and therapeutic processes and by providing stroke
expertise already in the pre-hospital arena, we aim to improve the chances of
favorable outcome for stroke patients and to reduce the cost for hospitals and
Society at large.Looking to the near future our goal is to expand our innovative
telemedicine solution to other treatments than stroke (e.g. Cardio, Trauma, ...) and
to use it in order to follow-up the patient inside the hospital and later on at home"
Date of creation: foreseen Q4 2014 – Q1 2015
Support of the CEF: grant - 10.000€ in 2010
Location: foreseen in Brussels
Number of people employed (2014): 1
Turnover (2015): /
Contact person: Raf Brouns, [email protected]
Since the creation of the Fund, many other projects have been supported, of which
you will find an overview below.
Health and wellness:
Activ84Health (cycle in the past for elderly people)
Zen Your Life (innovative concept in wellness)
The SiiN Institute (promoting a long term healthy way of eating)
Sapienza Consulting (advice on stress and sleep);
Grundung eines Wäschefachgesäftes (swimsuits for overweight people);
Space Oasis (esthetic help for people with reduced mobility);
Toujours belle (beauty advice for women with cancer);
Wynants (catering service).
Diagnosis and therapeutic follow-up:
Medithermo (promotion of medical thermography);
Flux Medical (offers and innovative treatment for ventricular fibrillation).
Support to Clinical research:
Peachtree (delivery of clinical development services);
Patient Recruitment Integrated Solutions (provides advice in order to recruit
patients for clinical trials);
Biometrica (offers statistical services to support clinical trials from pharma
companies);
Privilège (creates partnerships between the pharma industry and specialized
doctors).
ICT in Health:
Computerspeil zur Complianceverbesserung jugendlicher Type-1-Diabetiker
(interactive game for diabetic patients);
Feops (improve stent implantation).
Coaching and education:
Aquatic psychomotricity (specific classes for overweight children);
Support to ADHD (attention deficit hyperactivity disorder) persons and their
relatives;
On-line platform for patients with hypertension;
Majores (administrative help to elderly people);
Sport-O-Top (e-coaching for fitness programs).
Living space:
Parador (interior design for persons with limited mobility);
Huize De Graef (spatial design in a house dedicated to mental disabled teenagers);
ChiChou (children care that can accept disabled children);
Care and Home (a company that offers housing to homeless people).
The Steering Committee
The Caring Entrepreneurship Fund is managed by a Steering Committee. It is
responsible for general supervision of the activities of the Fund and for defining its
overall and investment strategy.
The Steering Committee reviews and amends the investment policy periodically,
based on developments and on the experience gained through the activities of the
Fund.
It is responsible for the "portfolio management" for the Fund, which means the
guidance provided and overall monitoring of all the organisations supported by the
Fund.
The composition of the Steering Committee as of January 2016 is as follows:
Chairman
 Roch Doliveux, Founder, Chairman Vlerick Business School,
Honorary CEO UCB
Members
 Cyril Janssen, Financière de Tubize
 Bernard Majoie, Président, Fondation Fournier Majoie
 Donald Niesten, Partner, Deloitte
 Jean-Pierre Pradier, Ex Executive Vice-President HR, UCB
 Sofie Staelrave, Coördinator Health Community, VOKA
 Luc Tayart de Borms, Managing Director, King Baudouin Foundation
 Caroline Ven, Managing Director, VKW (het Ondernemersplatform)
 Luc Weverbergh, Head Private Equity, BNP Paribas Fortis
The Investment Committee
The Caring Entrepreneurship Fund benefits from the expertise of senior business
people who offer their time graciously to analyze the proposed projects and select
the ones they believe most appropriate for support by the Fund.
The Caring Entrepreneurship Fund organises two selection processes each year.
In this context, the Investment Committee meets twice a year for a plenary session.
At these meetings the IC:
 Interviews the candidates who received positive appraisals during the written
procedure;
 Review the results of enterprises that have been supported;
 Discuss improvements that need to be made in methods or procedures and
any requests for involvement by members of the Committee;
The composition of the Investment Committee as of January 2016 is as follows:
Chairman
 Roch Doliveux, Founder, Chairman Vlerick Business School,
Honorary CEO UCB
Members
 François Blondel, CEO, KitoZyme
 Karel Boone, Ex- CEO and Chairman, Lotus Bakeries
 Ingrid Maes, Managing Director, Inovigate
 Pierre Mottet, Chairman, IBA Cyclotron Solutions
 Karin Pierre, Marketing Manager, Bruxelles Pionnières
 Jean-Pierre Pradier, Ex Executive Vice-President HR, UCB
 Claudia Put, Founder and Managing Director, BrandNewHealth
 Martine Vandenpoel, IGLC Program Director and Executive Coach, INSEAD
 Jan Vanhevel, ex CEO KBC
We are helped by sponsors and donors thanks to whom we can provide help to those
young dynamic entrepreneurs. We are extremely grateful for their support.
The Caring Entrepreneurship Fund is managed by the King Baudouin Foundation.
www.caring-entrepreneurship.org
Would you be interested to offer some support to the Fund,
do not hesitate to contact us:
Anne-Catherine Chevalier
Rue Brederodestraat 21
1000 Brussels
[email protected]
tel: 02/549.61.85