How FIB enhanced their governance structure and improved operational efficiency with Govrn's innovative platform.
"Govrn has simplified our document management tremendously, making our meeting preparations more efficient and allowing our board to focus on decision-making rather than document handling."
Multiple governance bodies and subsidiaries producing extensive documentation requiring efficient organization and accessibility
Diverse board members from public and private sectors using different email systems, making sharing and access management difficult
Need to meet strict European governance standards while maintaining operational efficiency
Unified document management system ensuring secure access and efficient storage for all governance materials
Integrated features for real-time communication, document annotation, and decision-making
Automated compliance checks and comprehensive audit trails meeting European standards
Invested in 2,100 companies over 5 years
Digital document accessibility
Reduction in meeting preparation time
Secure governance platform access
Finance & Invest Brussels (FIB) stands as a cornerstone of financial support in the Brussels Region, providing crucial funding for businesses since 1984. Their mission encompasses supporting start-ups, scale-ups, and SMEs through various financial instruments.
Their approach includes venture capital injection through equity participation, subordinated debts, and convertible loans, while implementing a strategic fund-of-funds policy.
Our hybrid shareholding composed of private and public partners allows us to invest efficiently. We have several governance bodies and subsidiaries generating a multitude of documents to prepare for our meetings including analytical reports on the companies we invest in.
The transition from SharePoint to Govrn marked a significant evolution in FIB's governance approach. The platform has revolutionized how they manage board documentation and collaboration, particularly crucial given their diverse board composition spanning public and private sectors.
With Govrn's implementation, FIB has achieved greater transparency and efficiency in their operations, supporting their mission to drive economic growth in the Brussels region.
We recommend Govrn because it's a simple and effective tool that facilitates the work of administrators and their collaboration. It helps with transparency, the exchange of accurate information and when you have the right information, you can make the right decision and above all, have the right debates.
Join Finance & Invest Brussels and other leading organizations that trust Govrn to power their board's success
