The DOEN Foundation (Stichting DOEN) monitors the finalists after the competition is over. The prize money isn’t transferred in full immediately. In collaboration with the respective companies, the foundation will decide when payments need to be made. Throughout the year, they’ll check in on progress made and offer their expertise and connections when needed. The added value is also visible through their network. They actively connect the Postcode Lottery Green Challenge participants to partners, allowing them to develop their business faster.
With the contribution of the Dutch Postcode Lottery, the DOEN Foundation launched at the Postcode Lottery Green Challenge 2016 the Postcode Lottery Green Challenge Fund. The former prize winners have good benefit with the prize money of the Postcode Lottery Green Challenge, but it often occurs that new funding is necessary to obtain further growth. Former finalists who have sufficient potency are eligible for further investment to enable further development. In addition to financial support, the DOEN Foundation also provides substantive added value by connecting the right parties in its network and therefore assisting these companies further.
The DOEN Foundation was established in 1991 by the Dutch Postcode Lottery. The foundation was given the following assignment: to pursue the same objectives as the lottery (people and nature) and to complement the lottery’s work. The DOEN Foundation receives an annual contribution of the Dutch Postcode Lottery for supporting green, social and creative pioneers.