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National Growth Fund (Netherlands)

GroenvermogenNL (National Growth Fund Programme) is the investment programme for green energy for the Dutch economy and society.

The National Growth Fund invests in projects that make the greatest possible contribution to sustainable and structural economic growth. The National Growth Fund does this together with initiators and other investors. With the National Growth Fund, the government is allocating EUR 20 billion for projects between 2021 and 2025.

Programme name

National Growth Fund (GroenvermogenNL, NWO)

Objective(s) and scope

GroenvermogenNL (National Growth Fund Programme) is the investment programme for green energy for the Dutch economy and society.

The National Growth Fund invests in projects that make the greatest possible contribution to sustainable and structural economic growth. The National Growth Fund does this together with initiators and other investors. With the National Growth Fund, the government is allocating EUR 20 billion for projects between 2021 and 2025.

The National Growth Fund invests in projects in two areas: 

  • Knowledge Development and Research – opportunities to invest in education and skills learning.
  • Development and Innovation – opportunities for sustainable earning capacity and economic growth that the National Growth Fund wants to capitalize on with initiators.

Research, development and innovation includes fundamental research, the further development of new technologies or ideas. In doing so, the fund is committed to strengthening the Netherlands' position in research, development and innovation as a driver of productivity growth. 

Type of finance provider

Public

Administering body

Government of the Netherlands

Financing product

Subsidies, Grants

Financing value

EUR 20,000 million over the period 2021 – 2025, from which EUR 255 million are allocated to the Maritime Master Plan. It was communicated that the remaining budget for the National Growth Fund is EUR 6.1 billion for 2024 and 2025, if the plans presented by the NL Government are approved. 

Eligible countries

The Netherlands

Eligibility criteria (if available)

In the subsidy route, any party (except ministries) can apply directly for a subsidy that is in line with the objectives and conditions of the National Growth Fund.

There are currently 4 judging criteria: 

  1. Contribution to sustainable earning capacity – The concept of sustainable earning capacity is defined as the economic growth that the Netherlands can generate in the long term on a structural basis, with an eye for an economically, socially and environmentally friendly sustainable future.
  2. Strategic underpinnings – The judging committee wants to gain insight into the objectives of the proposal and what problems the proposal solves or how the proposal contributes to a social transition. It also assesses the legitimacy and effectiveness of the proposed interventions, as well as the question of how international affiliation is safeguarded.
  3. Quality of the plan – The committee will also assess the quality of the plan and thus assess how realistic it is that the plan will be implemented in such a way that the intended contribution to the sustainable earning capacity is realised.
  4. Collaboration and governance – In addition to a good strategic foundation and a good quality of the plan, it is important which parties implement the plan. The committee looks at the knowledge position and/or market leadership, the experience and whether the proposed collaboration is convincing to achieve the objectives of the plan.

Application period

Dates published are no longer up-to-date due to the postponement of the 4th round until further notice. Contact the Government of the Netherlands for more information.

Technology type

Not specified. Contact the Government of the Netherlands for more information.

Technology readiness level (TRL)

Not specified. Contact the Government of the Netherlands for more information.

General publications19 June 2024
National Growth Fund (Netherlands)

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