The Hague Student Investment Fund
In the autumn of 2020, an enthusiastic group of students started researching the feasibility of a student investment fund at The Hague University of Applied Sciences: The Hague Student Investment Fund. They want to use the fund to invest in start-ups and scale-ups of students and alumni from The Hague University of Applied Sciences. The fund can be a hub in a network of entrepreneurs, students, the Hague region, alumni, financiers and lecturers.
With The Hague Student Investment Fund, the New Finance research group wants to set up and organise an investment fund of, for and by students. It should become a platform and education tool for financial and non-financial students of The Hague University of Applied Sciences. With the fund as an education tool, we can bring real life experience into the classroom. With the fund as a platform, we give students the opportunity to learn how to handle real money and risk in a live situation based on real-life cases. In addition, the fund can be a financing mechanism for the business plans of students and recent graduates.
The students who participate in setting up and organising The Hague Student Investment Fund are given the responsibility of scouting investment opportunities, securing funding, connecting with various degree programmes and being involved in marketing, administration, governance etc. So they are closely involved in every aspect of setting up an independent business. This project is an initiative of the New Finance research group. Researchers from the research group support the students. They want to give them a controlled environment in which they can handle risk and uncertainty, like in the real financial world. At the end of the 2020-2021 academic year, the students will have a business plan ready for the fund and will organise a pitch.
Every student can participate
Students from every degree programme can participate in this fund, even if they have no specific financial knowledge. Technical interest is useful. You can participate in various ways:
- sign up as a volunteer;
- enrol in the new elective module Student Investment Fund, offered by the New Finance research group and the Accountancy degree programme, earning 3 to 6 credits. Students participate on a project basis and have a lot of input;
- complete a specific assignment for their own degree programme that furthers the objective of setting up this fund;
- take the minor 'Student Investment Funds' in the coming year;
- do a graduation internship at the New Finance research group.
Those who participate in this fund via the elective module Student Investment Fund or via their own degree programme, formulate a research question in consultation with their (own) lecturer. Several research questions are conceivable. We mention just a few possibilities:
- What start-ups do The Hague University of Applied Sciences students want to work with and how do they set these up?
- To what extent can the fund contribute to entrepreneurship among students from non-business related degree programmes?
- What type of activities will the fund invest in?
- What funding sources are available: The Hague University of Applied Sciences, alumni, (regional) funds, entrepreneurs etc.?
- What knowledge and skills are needed to promote entrepreneurship among students and recent graduates?
- What funding sources can students access to generate growth capital?
- What should be the legal structure of The Hague Student Investment Fund?
- How can we ensure continuity when students change board positions?
- What remuneration is appropriate for the role of student directors: study credits or internship remuneration?
- What is the most appropriate supervisory structure for this fund?
- What type of education and content is appropriate for setting up and managing The Hague Student Investment Fund?
Objectives for 2020-2021
At the start of the 2020-2021 academic year, we researched to what extent there is a need or support within The Hague University of Applied Sciences for a student-managed investment fund. We looked at comparable funds, held meetings with internal and external stakeholders and drafted a start-up document.
We determined the following 4 objectives for 2020-2021:
- generate interest among students to set up and run The Hague Student Investment Fund;
- organise a pitch event with prize money;
- explore funding options;
- write a business plan for The Hague Student Investment Fund.
Are you a student or alumni of The Hague University of Applied Sciences, do you have an idea for a start-up and would you like to know more?
The Hague Student Investment Fund is always looking for enthusiastic entrepreneurial students who want to help develop the fund. Who would like to be part of this challenging initiative. Who enjoy organising a pitch event and want to have a lot of input.
If you fit the profile, please contact us for information and explore the possibilities! Please send an email with your motivation and CV to Jan Hendrik van der Kooij, firstname.lastname@example.org. Even if you have already completed your credits, you can still participate. This will give you the opportunity to expand your network and gain interesting experience.
Intended duration of the project
This project started on 1 September 2019 and is expected to run until 31 December 2022, depending on the realisation of the fund.
Within The Hague University of Applied Sciences, the New Finance research group closely collaborates in this project with:
- the Faculty Business, Finance & Marketing;
- the Faculty Technology, Innovation & Society and
- the Faculty IT & Design;
- the elective module Student Investment Fund, organised with the Accountancy degree programme.
The research team that works on this project within the New Finance research group consists of the following people:
- Jan Hendrik van der Kooij
- Martijn van der Linden Martijn van der Linden is a New Finance professor.
- Roy Wouters Roy Wouters is an Accountancy student
- Jordi Zoun Jordi Zoun is a student in the Finance & Control degree programme
- Manita Paauw Manita Paauw is a student in the Accountancy degree programme
- Merlijn van der Heijden Merlijn van der Heijden is a student in the Accountancy degree programme
Jan Hendrik van der Kooij is leading this project on behalf of the New Finance research group. He is also a researcher with this research group and a lecturer in Finance, Strategy and Sustainabilty with the Faculty Business, Finance & Marketing.