Better access to EU guarantees for sustainable and innovative projects | News item

News item | 25-09-2023 | 3:30 PM

For Dutch sustainable and innovative projects, 350 million euros in guarantees can be provided from the so-called InvestEU-program. In the presence of Minister Micky Adriaansens (Economic Affairs and Climate), a guarantee agreement was signed today in Brussels between InvestEU and Invest-NL which, for example, leads to a reduced investment risk. According to the European Commission, access to these European financial guarantees could lead to 750 million euros in investments in the Netherlands.

It InvestEUprogram is a European Union initiative that aims to attract private investment to promote economic growth, innovation, sustainability and employment and to facilitate access for businesses. In InvestEU Various European financing instruments have been merged in order to mobilize more capital.

The social and economic challenges of the future require innovative solutions and bold investments. Invest-NL has the mission to finance what is often considered too risky. Thanks to the guarantee agreement, financing in the field of sustainable energy is possible deep tech simpler. This agreement enables Invest-NL to reduce investment risk, which will ultimately stimulate more investments in sustainable and innovative projects. This not only promotes the sustainability of the Dutch economy, but also strengthens innovation power, improves the international competitive position and creates new jobs.

Research into solutions for unfair and high purchasing prices

Minister Micky Adriaansens (EZK) took part in the Competitiveness Council in Brussels with her European colleague ministers to discuss various topics in the field of economy, innovation and industry. Together with Belgium (Minister Pierre-Yves Demargne, Economy and Work) and Luxembourg (Minister Franz Fayot, Economy), the Netherlands wants to work on a fair EU market in the field of purchasing prices.

Before the end of this year, the Netherlands expects to present the results of a study into possible solutions to the practice of producers and suppliers in the EU charging different sales prices for the same products. These purchasing restrictions can mean that Dutch entrepreneurs have to purchase more expensive products and that consumers ultimately spend more.