07 April 2020 – Extended economic support package

This item is sourced from COVID-19 Policy Watch co-ordinated by Policy. We are in the process of gathering further information and aligning taxonomies for these items.

Type of Intervention: Business support
Sectors Involved:
Level of Jurisdiction: National
Lead People/Agency:

Overview: The Dutch Government has further increased support for businesses due to the economic impact of COVID-19. This includes increasing funding for its Business Loan Guarantee (GO) scheme and its SME Credit Guarantee (BMKB) scheme.

The government also expanded the category of jobs allowed to apply for a €4,000 one-off payment under its Allowance for Entrepreneurs Affected Sectors (TOGs) scheme.

The Government has allocated €100 million to help start-ups obtain loans, and €12 billion to provide insurance for companies that supply goods to small-to-medium enterprises (known as supplier credit).
Full details here: https://www.rijksoverheid.nl/onderwerpen/coronavirus-covid-19/nieuws/2020/04/07/kabinet-breidt-ondersteuning-voor-ondernemers-vanwege-coronavirus-uit