The new InvestEU loan guarantee makes it possible to finance projects with a higher risk profile. These include, for example, projects involving risks relating to technological development, the construction phase or market launch. By sharing the risk with the European Commission, there is greater scope to resolve funding bottlenecks and finance projects where the market is still hesitant.
“This guarantee enables us to translate European frameworks into concrete funding for projects in the Netherlands. It is an important tool for making a greater impact, in collaboration with the European Commission,” said Kees Lakerveld, senior business development manager at Invest-NL.
One example is the funding for Milence. Thanks to the InvestEU guarantee, Invest-NL was able to provide a loan of €50 million – of which €25 million was provided by Invest International – for the further roll-out of charging infrastructure for electric freight transport.
More scope to invest in innovative companies
In addition to the InvestEU loan guarantee, the existing InvestEU equity guarantee is being expanded. This guarantee enables Invest-NL to take on more risk when investing in innovative companies that need capital to develop further and scale up.
The equity guarantee has previously been used for investments in companies such as Thorizon, Mosa Meat and QuiX Quantum. With this expansion, Invest-NL will be able to support even more innovative companies during stages when market-based financing is not yet a given.
From instrument to application
Through both guarantees, Invest-NL channels European funds to Dutch companies and projects. This enables Invest-NL to take on more risk, resolve funding bottlenecks and mobilise other capital.
In the coming period, Invest-NL will actively utilise its guarantees to help innovative companies scale up and to facilitate projects that contribute to an innovative, sustainable and resilient Netherlands.
