Some positive movement for startups and scaleups as The Haque announces first set of measures for startups and scaleups. The announced €100 million fund includes several instruments for bridge financing, which will support VC and PE investors. Although the criteria are unclear, it seems to mainly assist larger scaleups and SME rather than the fast growing startups and scaleups. More on that later today as we await clarification from The Haque. What we do know, and it is a pity, that the most urgent subject remain unclear. The NOW measures are still not available for startups. With many companies already struggling we foresee a huge risk for job loss in April and May due to ongoing salaries vacation payouts for these companies.
More later today but we are glad our call was heard and mentioned in the letter of Parliament. Read the letter (in Dutch) here.