Corona Bridging Loan
(COL)
The Dutch government has made € 300 million available for bridging loans for startups, scale-ups and innovative SMEs.
The Coronavirus Bridging Loan (COL) is an emergency loan for innovative entrepreneurs and SMEs who do not have a bank loan facility and are facing financial difficulties as a result of Covid19. This facility was developed as part of an intensive collaboration between the Dutch Ministry of Economic Affairs and Climate Policy (EZK), the joint Regional Development Corporations (ROMs) and TechLeap.nl, and with the close involvement of Invest-NL. At the request of the EZK, the ROMs are providing bridging loans of between €50,000 and €2 million.
The Corona Bridging Loan (COL) will, at the government’s request, be provided by the regional development agencies (RDAs)[1].
Personal data are processed in the implementation of the Corona Overbruggingslening (Corona Bridging Loan – COL) facility. When applying for the COL, you provide personal data of yourself and of third parties. Business data that you provide may also include personal data if they can be directly or indirectly traced to a person. This Privacy Statement provides information on the manner in which personal data are handled. The personal data are of course processed with the greatest possible care. Here you can find the new version of the Privacy Statement COL – update 24 July 2020.
[1] In Utrecht, this will be administered by RDA Utrecht Region (in formation). In North Holland, it will be administered by InnovatieFonds Noord-Holland and various parties will be involved in assessing the applications.