The National Growth Fund
With the National Growth Fund the Dutch government will earmark € 20 billion over the next five years for project investments in three fields which have the highest potential for structural and durable economic growth.
The three fields with the highest potential for structural and economic growth are:
- knowledge development
- research, development and innovation
Mission of the National Growth Fund
The National Growth Fund allocates funding to projects with the highest potential of contributing to our national earning capacity, or in other words, to durable economic growth.
This will eventually benefit society as a whole. Economic growth increases the disposable income of our citizens enabling the government to continue its investments in health care and education.
The committee consists of ten members and has been established for the proper, objective and independent assessment of the project applications. The committee assesses the project applications on the basis of set criteria and issues a strong recommendation to the government in regard of the project grants. The government will subsequently follow or reject the recommendation on the project application investments.
Primary conditions and criteria
The committee has prepared a framework of conditions and criteria for the proposal assessments. This analysis framework includes three primary conditions and four criteria.
Results first assessment round
The results of the first assessment round were published in April 2021, Below, please find a press release about this publication.
Government allocates €646 million to projects designed to boost economic growth
Press release, published in April 2021
The government is injecting €646 million into and setting aside €3.5 billion for ten projects designed to ensure greater economic growth in the Netherlands. The government intends to invest these sums, which will be allocated from the National Growth Fund, in green hydrogen, innovative and future-proof education methods and the extension of Amsterdam's North-South metro line, among other things. In awarding grants to these projects, the government is adopting the recommendation issued by the proposal assessment advisory committee led by Jeroen Dijsselbloem in full. The news was announced by the Ministers Van 't Wout (Economic Affairs and Climate Policy) and Hoekstra (Finance).