In December 2014, Participiums’ fixed capital is fully paid up. In the meantime the company has found – in personal network – a few friendly financiers, who are willing to give financial support through a private loan with a term of 5 years. On the other hand, the umbilical cord that connected Participium to the parent company Forte was cut by buying back the shares.
Cautious growth
With those actions the company can finally start working on its own growth. In the first years, that growth will remain cautious. We consider this period to be the preparation phase for the real first growth spurt later on. During this preparation phase, the partners want to gain experience by rolling up their sleeves in some of the companies that were close to Participium from the start:
- management consulting and marketing agency Forte, which Participium wants to help grow strongly
- FunkyDev, software developer for specialized service providers and freelance knowledge workers
New companies
In the meantime Participium is working on business plans for three new companies. We are also open to collaborating with a company where we can realize the turn-around as an external partner. Moreover we dream of an investment fund that can leverage growth companies with a European dimension and a high level of participation.
Finally, we are going to further develop the Quarturn movement, to spread the Quarturn vision and inspire all stakeholders of companies with the idea that there is a different approach possible to investing, managing and working than the classical management theories inspired by Taylor. A lot of work to do in 2015, but Participium is well prepared.
Jan Lagast (chairman) and Herman Demarbaix (managing director)
Participium 