Subsidy advice

Anyone who runs their own business sets themselves apart from the rest. Anyone who dares stick their neck out distinguishes themselves even more. That can be rather lucrative. Why? Because the government makes financial resources available for entrepreneurs who have the daring to modernise and are willing to accept the associated risks. Through scores of financial and fiscal regulations, the government promotes such developments as product innovation, application of state-of-the-art environmental technology and use of energy saving capital goods.

In theory, there is always money available to help promote a desired policy. SenterNovem, the sustainability and innovation agency of the Netherlands Ministry of Economic Affairs, is the foremost implementer of stimulus measures. The office manages dozens of regulations. Grant Thornton’s subsidy advisors know their way around maze of subsidy systems like the back of their hand.  

At first glance, subsidies appear to be free. Nothing, however, could be further from the truth: obtaining subsidies costs money! The government is happy to provide encouragement, certainly with regard to challenging projects, but it also demands a concrete return on its investment. You as an entrepreneur will be required to demonstrate that you are ‘subsidy worthy’.

Anyone who asks for and receives money from the government must be able to account for it. Here, too, we can show you the way. Subsidy requests must not only be well substantiated, they must also be implemented in keeping with the rules of the game. Registration (including time registration) and reporting must satisfy all of the legal requirements and must be verified by an independent party. Grant Thornton specialises in providing ssupport, assessment and advising as part of this process.

A subsidy can be just the welcome support you need, and that makes the difference between a missed opportunity and a resounding success.