08 April 2020 – Extended loan repayments for startups

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 eased measures for startups and other small businesses currently receiving funding under the Proof-of-concept (VFF) or Innovation credit (IK) schemes. Both schemes provide low-interest loans to small businesses.

Businesses under the VFF scheme can request a six month suspension on loan repayments and on pending interest from 1 April to 1 October 2020. Businesses under the IK scheme can also apply for an extension on repaying their loan.
Full details here: https://business.gov.nl/subsidy/proof-of-concept-funding/