08 May 2020 – Provided advance payment to local authorities for support scheme for entrepreneurs

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: Wage and income support
Level of Jurisdiction: National
Lead People/Agency:

Overview: The Dutch Government has provided a third advance payment totalling €550 million to local authorities, towards implementing its Temporary Bridging Scheme for Self-employed Entrepreneurs (Tozo).

The Government has allocated €3.8 billion to fund the scheme, and to date has provided € 2.0 billion in advance to local authorities to implement the scheme. Reviews are being done every three weeks to determine whether additional advance payments are necessary based on the number of applications being submitted under the scheme.
Full details here: https://www.rijksoverheid.nl/onderwerpen/coronavirus-covid-19/nieuws/2020/05/08/beschikkingen-derde-voorschot-tozo-verzonden