After more than 1 year of maturity, the COL application portal is closed. Therefore, you can no longer apply for a Corona Bridging Loan (COL).
Did you submit an application on or before May 16?
If so, it will now be assessed by the ROM from your region. In addition to the formal criteria, the assessment also looks at qualitative criteria such as number of FTEs, alignment with mission-driven innovation policy, connection to ecosystems and the importance of the innovation.
Approved applications will be weighed against each other on May 28 by a national committee according to a tender system. You will hear June 7 whether your application has been approved. Settlement and disbursement must be completed by June 30, 2021.
If your application is rejected, you will be notified sooner. Target is within three weeks of in submission date or no later than June 7.
Want to know more?
Check the ROM website or contact the ROM in your area.
