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September 21, 2023

2 minutes

Invest-NL facilitates government facility to safeguard high-tech companies

The Dutch government has launched a new initiative to protect companies of strategic importance from potential acquisitions by undesirable owners. A facility of € 100 million, announced on Prinsjesdag by the Ministry of Economic Affairs and Climate Policy, has been established to support this mission.

This financing is managed by Invest-NL, the National Promotional Institute of the Dutch government. It serves as a supplementary measure alongside new legislation coming into effect to ensure national security in the face of high-risk acquisitions.

While the facility and law are neutral regarding specific countries, there is a growing awareness of potential risks, especially from regions like China and Russia. The Ministry of Economic Affairs has previously intervened through Invest-NL to protect and establish strategically important companies, such as in the cases of SMART Photonics and Twente-based LioniX.

The facility is not solely for tech companies but is also intended for other sectors of strategic importance, such as Defense.

Invest-NL welcomes this proposed mandate and the financial capacity to execute this policy and will closely collaborate with other investors and stakeholders.

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