During StartupFest the Netherlands Investment Agency (NIA) and the European Investment Fund (EIF) announced an co-investment programme of  €100 million for ambitious Dutch startups.

EIF and NIA each commit € 50 million to this jointly developed programme. The combined commitments of € 100 million are expected to catalyse at least another € 100 million of private equity financing from Dutch-oriented fund managers.

Please read the press release of EIF and NIA here.

Also six SEED-funds of the SEED-capital scheme worth of €49,5 million were announced by the Ministry of Economic Affairs, including a scheme to scale up eHealth.

Please read the press release of EZ here.

Quote StartupEnvoy Constantijn van Oranje: ” If we have the ambition to become a startup nation the funding of startups and scale-ups all through their life cycle should be a smoothly working system. Growth capital is critically important for startups to scale. The extra funds that were announced today privide an important injection into our venture capital system and will give our innovative companies much more opportunities to grow and expand their businesses”.

Read the NOS article here.