Proof-of-concept funding (VFF)
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Do you own or operate an established SME, innovative startup or an academic, hbo or TO2 startup in the Netherlands? You can apply for Proof-of-concept funding. This loan will enable you to develop your concept or product so that it reaches the start-up phase sooner. You can use it for the development of a working prototype, to conduct market research or to devise a business plan.
When do you qualify?
To be eligible for the proof-of-concept funding you must fulfil several conditions, such as:
- You are an SME company, an innovative startup or an academic, hbo or TO2 starter, affiliated with a university, college or a university hospital.
- You have a feasible plan showing you will grow substantially.
- You have a declaration of intent from a future investor for at least the same amount as the subsidy you apply for.
- You have not yet started with the implementation of this proof-of-concept phase.
To determine your chances of qualifying or this subsiby, you can fill out the quick scan (in Dutch).
How to apply?
You can apply each year from 1 January until 31 December 17:00 to the Netherlands Enterprise Agency (RVO).
Academic, hbo and TO2 startups could apply to the Technology Foundation TTW until 8 April 2021, 14:00 hours.