Last week I had the pleasure to organize a Startup Maze Amsterdam meetup about: Grants (aka non-repayable funds) for your startup – the what, how, who, where.
Our speaker was Rik van der Wel, the owner of De Subsidie Informatie Groep, a cooperation of independent entrepreneurs specialized in government grants for Dutch SMBs. Rik started his organization in 2010, when he saw a lack of support for businesses that wanted to file for grants. His mission is to spread the word on what grants are available and making it easy for entrepreneurs to get the most out of them.
Below is a video I recorded during the presentation and underneath it you can find his Prezi slides. (sorry for the video quality.. it should be 1080p… but my gopro does not do low light…)
And here’s his presentation:
Dutch grants: how do they work?
Basically Dutch government will give you money as long as you ALSO make an investment in your business. Most of the times the grants allowed are in the shape of tax reductions, percentage wise from your total investment. So if you invest €10.000 you could get X% back from the state, or you don’t need to pay it in the first place. As far as I understood all the available funds come from the EU.
Dutch subsidies: who can get them?
These funds are available for both SMBs as well as for large corporations. There are interesting ways of getting money back at any level.
Dutch grants: why do they exist?
The Dutch government is willing to give grants in the form of tax reliefs and allowances to business because it helps boost the economy. The funding is available for both small and medium sized businesses but also large corporations. The Dutch government is willing to give non-refundable funds to companies because this effort helps boost the economy overall.
Companies can use the financial aid to launch their businesses, grow their businesses, hire more employees, make their business more sustainable.
Dutch grants: what are the most interesting grants for startups?
The most interesting thing for starting entrepreneurs is that you can declare your time as an investment and you can value your hours at a max of €60 per hour. So if you invest a full week of your time in your startup (remember you also need to invest in your startup) you can say you invested €2400. In a month €9600.
What is the official website for Dutch subsidies?
http://www.rvo.nl/ – good luck with it.