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If you have an SME in the Netherlands, you may be eligible for the Growth Facility Scheme (Regeling Groeifaciliteit, in Dutch), which makes it easier for SMEs to raise capital. Under the scheme, financiers who provide venture capital to SMEs receive a guarantee.
If an SME incurs a loss on the investment, they can reclaim 50% of that loss. The guarantee applies to, for instance, losses incurred on the sale of shares, the writing off of a loan, or bankruptcy. The term of the guarantee is a maximum of 12 years.
Extension due to corona crisis
The Growth Facility Scheme has been extended to 1 July 2021 as a result of the corona crisis. The scheme was supposed to end on 1 July 2020.
When do you qualify?
- Your business is established in the Netherlands, Bonaire, Sint Eustatius or Saba and its commercial activities are conducted there.
- The business plan outlines reasonable profitability and continuity prospects.
How to apply?
SMEs can apply to participating banks or venture capital companies (Dutch). Financiers can contact the Netherlands Enterprise Agency to take part in the Growth Facility Scheme.