Currently our daily lives and doing business are affected by the outbreak of the Corona Virus (COVID-19). We inform foreign investors with business operations in East Netherlands that the Netherlands government has announced a package of measures of tens of billions of Euros to assist companies affected by the Corona Virus (see attachment). The measures are aimed to support businesses and to prevent liquidity problems.
Click here for an overview of Corona schemes
29 April 2020 - Update
On 7 April, the Dutch government announced that it would make €100 million available in bridging loans for start-ups, scale-ups, and innovative SMEs. These companies can submit an application for a Coronavirus Bridging Loan (COL) from 29 April. This facility was developed as part of an intensive collaboration between the Dutch Ministry of Economic Affairs and Climate, joint regional development corporations and TechLeap.nl, and with the close involvement of Invest-NL.
Applications can be submitted to a special online portal from 9:00 AM on Wednesday 29 April. Only complete applications submitted online will be processed. Applications for funding to a maximum of €5 million can also be submitted to this portal, which was developed in cooperation with TechLeap.nl. These will be examined jointly by Invest-NL and the regional development corporations.
6 April 2020 - Update
In addition to the previous update on the Temporary Emergency Bridging Measure for Sustained Employment (NOW, Noodfonds Overbrugging Werkgelegenheid); today the office opened to process applications.
You can find this application page here - https://www.uwv.nl/werkgevers/overige-onderwerpen/now/detail/now-aanvragen. This page also includes the criteria and the relevant information that need to be hand over during the application.
Note that applications can only be done via the Dutch Employee Insurance Agency (UWV, in Dutch). But every part of this process and criteria is also summarized in English via - https://business.gov.nl/subsidy/corona-crisis-temporary-emergency-measure-now/.
31 March 2020 - Update
The Netherlands Ministry of Social Affairs has just announced the details of the new Temporary Emergency Bridging Measure for Sustained Employment (see attachment).
16 March 2020
Relevant information for the continuation of your business is available via the Dutch Governmental Business page. On this page, you find more information on some of the issues you may encounter, and which Dutch national organizations you can turn to for more information and advice. For example on questions such as:
- Your company is experiencing financial difficulties due to the coronavirus. What to do?
- What measures have been announced by the Dutch government to help entrepreneurs?
- How can you minimize the potential health risks for your employees?
- You have less work for your employees. What to do?
- Can you go on a business visit abroad?
And these are the websites with government information pertaining to the Corona Virus:
If you have specific questions that aren’t answered by these organizations, please make sure to reach out to us. We will do our best to help you find an answer or the required information in these challenging times.
