Dutch Innovation Credit Empowers Startups in Deep Tech
Amsterdam, Sunday, 31 August 2025.
The Netherlands’ innovation credit scheme offers vital financial support to startups in hardware, software, life sciences, and deep tech, encouraging groundbreaking technological advancements.
Leveraging Innovation Credit for Growth
The innovation credit scheme, known as Innovatiekrediet, is a strategic initiative by the Dutch government to bolster the nation’s position in the global innovation landscape. Administered by the Netherlands Enterprise Agency (RVO), this scheme provides government-backed loans to startups that are developing new products or technologies with substantial technical risks [1]. The credit aims to cover up to 50% of project costs, with a ceiling of €10 million for technical projects and €5 million for clinical projects [1][2].
Eligibility and Application Process
To qualify for the Innovatiekrediet, companies must be registered in the Netherlands and demonstrate that their projects possess a strong commercial potential despite technical uncertainties. Applicants are required to submit a detailed business plan, project plan, and financial plan through the Mijn RVO portal. The process includes an initial ‘Quick Scan’ and the submission of comprehensive documentation, with decisions typically rendered within 8 to 16 weeks [1][2].
Risk Sharing and Financial Flexibility
One of the key attractions of the Innovatiekrediet is its risk-sharing model. If a project fails due to legitimate technical reasons, the loan can be partially or fully forgiven. This unique aspect of the scheme allows entrepreneurs to pursue ambitious projects without the fear of financial devastation [1][2]. Unlike traditional financing options, the Innovatiekrediet does not demand equity or revenue sharing, making it particularly appealing for startups aiming to retain control over their innovations [1][2].
Impact on the Dutch Innovation Ecosystem
The Dutch innovation credit scheme plays a pivotal role in fostering a thriving ecosystem for high-tech startups. By providing critical financial support and mitigating risk, it encourages the development of breakthrough technologies in fields such as biotech, novel hardware, and life sciences. As the Netherlands continues to prioritize innovation, the scheme is expected to drive significant advancements and enhance the country’s competitiveness on the global stage [1][2].