RvO – The Netherlands Enterprise Agency supports entrepreneurs, NGOs, knowledge institutions and organisations. They are a government agency which operates under the auspices of the Ministry of Economic Affairs and Climate Policy. Its activities are commissioned by the various Dutch ministries and the European Union.
RvO aims to improve entrepreneurship and collaboration in the Netherlands and abroad. RVO provides a diverse portfolio of Research and Development grants, tax schemes and loans. RVO is also the National Contact Point for many European funding programmes.
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Subsidy: €150,000 – €5,000,000 (Clinical development); €10,000,000 (Technical development)
Scope: The Innovation Credit is a risk bearing loan to fund high risk, technological innovation projects. Although funding is meant for a technological risky project, typically used for more for more later stage development projects. At the end of the project the product should be on the market or otherwise bringing revenues to the company (licensing deal, new investor round, co-development).
Subsidy: €50,000 – 350,000
Scope: With a loan from the VFF, starters and SMEs investigate whether their idea has a chance of success in the market (idea on paper – concept phase). Development of the first prototype is covered by the aim of investigating technical feasibility. Selling proto types or products that have already been granted IP, are not eligible, as that development is too mature for this loan.
Mkb-innovatiestimulering Regio en Topsectoren (MIT)
RVO MIT Haalbaarheidsstudie
Scope: A feasibility project maps the technical and economic risks of a proposed innovation project. A feasibility study consists of a feasibility study, possibly supplemented by industrial research or experimental development. In a feasibility study you should think of literature research, patent research, inventory of available technology and potential partners, market research and competition analysis.
RVO MIT R&D samenwerkingsprojecten
Subsidy: €200,000 – 350,000 (big projects); €50,000 – 200,000 (small projects)
Scope: The project consists of industrial research and/or experimental development. Requests are evaluated according to the following criteria:
- Technological renewal or substantial new uses of an existing product, product, process, or service;
- Economic value creation for participants in the MIT-R&D cooperation, in the relevant top sectors, or the Dutch economy;
- The quality of R&D cooperation, reflecting at least the level of complementarity of the participants, the capacities of the participants and the quality of the project organization;
- Combinations of sectors that are not conventional.RVO DTIF (Dutch Trade and Investment Fund)