Noshaq

What we do: Noshaq is a public investment fund based in Liège, Belgium, dedicated to supporting the economic development and redevelopment of the Liège province by providing long-term financing for business projects. The company primarily invests by taking equity stakes in companies, focusing on the creation and growth of small and medium-sized enterprises (SMEs) and projects of regional interest. With a portfolio of over 460 SMEs and a capital deployment exceeding 700 million euros, Noshaq acts as a key financial partner for regional economic growth.

Where we are located: Noshaq's headquarters are located at Rue Lambert Lombard 3, 4000 Liège, Belgium. The company operates from two buildings in the heart of Liège, Place Saint-Etienne, combining historic and modern office spaces.

Short history: Founded in 1985 initially as Meusinvest, Noshaq was created to support the industrial reconversion of the Liège region during a severe steel industry crisis. Over the years, it has evolved into a major financial actor with a strategic focus on innovation and regional development. Key milestones include the creation of various investment vehicles such as Start-up Invest (now Noshaq Venture) and SpinVenture (now Noshaq Spin-Offs), and a record capital increase of 133 million euros in 2021 to support a strategic investment plan aiming to invest 450 million euros by 2026.

Organization & culture: Noshaq manages a portfolio of nearly 470 companies and mobilizes significant financial resources to support regional SMEs. The company emphasizes values such as meaning, connection, and optimism, branding itself as "provocateurs of possibilities." Its teams are committed to leveraging their expertise and capital to foster business creation and growth, reflecting a culture of collaboration and long-term regional impact.