Update on Corona Bridging Loan (Nov. 26, 2020)

Last application opportunity COL

The COL scheme has been running since April 2020 and the available budget of €300 million is almost exhausted. There is one last opportunity to apply for a COL and the submission date is May 16, 2021. After this date, it is no longer possible to apply for a COL.

Make sure your application is well supported

Applications will be evaluated according to the tender system used previously. This means that the ROMs will assess applications regionally and a national committee will weigh the approved applications against each other. In addition to the formal criteria, qualitative criteria such as number of FTEs, alignment with mission-driven innovation policy, alignment with ecosystems and the importance of the innovation will also be considered. Because of the limited budget, in this final round it is extra important to ensure a good substantiation on how the product/service connects to the mentioned qualitative criteria.

When will you know if your application has been approved?

The national committee will meet May 28. Feedback will follow June 7. Settlement and disbursement must be completed by June 30, 2021.

If your application is rejected, you will be notified sooner. Aim is within three weeks of the submission date.

Want to know more?

Check the ROM-Netherlands website for additional information and make your application.