The Innovation Coverage offers opportunities for Dutch entrepreneurs who are active in the ten priority key enabling technologies and who want to invest in these technologies in the Netherlands or expand their production capacity for these technologies.
The Dutch government wants to support companies operating in innovative sectors with their growth ambitions. For this purpose, the instruments offered by Atradius Dutch State Business (DSB) will come into play. These instruments make it easier for companies that need capital for investments to obtain loans from a bank or financier. Through Atradius DSB, the Dutch government covers a large part of the risk associated with the repayment of these loans.
The Dutch government has identified ten priority key technologies in its National Technology Strategy (NTS). These key technologies make a major contribution to the Netherlands' earning capacity, are crucial for addressing the social challenges we face, and are important for our national security. By deploying Atradius DSB's instruments, we want to encourage these companies to develop more production and export capacity.
The Innovation Cover is designed to help financiers provide investment loans to companies developing key technologies. These loans may be needed to scale up production, continue technological development, or build inventory. Under this scheme, the financier, typically a house bank, grants the investment loan, while Atradius DSB covers up to 80% of the associated risk. As a result, the financier retains at least 20% of the risk, ensuring shared responsibility. Because Atradius DSB assumes the larger portion of the risk, it becomes easier for financiers to provide funding, and in some cases, to extend higher loan amounts than would otherwise be possible.
Which criteria must be met?
The risks associated with the application must be acceptable, which means that:
- The investment contributes to the development/upscaling of a priority key technology from the NTS;
- The technology in question has a Technology Readiness Level (TRL) of 8 or higher;
- The company has a financeable business case – this can be demonstrated by a good track record, current financial strength, a solidly substantiated business plan, and a financial model that substantiates how the investment will be recouped;
- The financing concerns a non-subordinated loan for the benefit of a Dutch company;
- There is at least 20% export potential – at least 20% of the future income from the business case must come from abroad;
- At least 20% of the purchases made with the investment budget must be Dutch;
- The regular ECI conditions in the area of compliance and E&S policy are met.
What is so special about this product?
This product provides cover for loans intended for investments that will generate future exports. These future exports may consist of various types of products and services. There are no restrictions on the type of products and services covered by this product. However, they must relate to one of the ten priority key technologies.
Who is this interesting for?
The Innovation Cover is especially interesting for Dutch tech companies that are active in one of the ten priority key technologies and that already export or expect to do so in the future. The technology or innovation is technically and commercially ready, ready for production, and ready to launch in the desired market environment.
If you are interested, please fill in the form below. You will then be kept informed of relevant developments and when we can start processing applications.
Contact
If your company is exploring, or planning to explore, new investments in key technologies but is unsure whether the Innovation Cover suits your plans, we encourage you to contact our Business Development Team. Share your ideas with us — even if your project doesn’t fully meet the conditions outlined above. Together, we can assess the possibilities and explore how the Innovation Cover can help bring your ambitions to life.
