Dutch Ministry of Defence unveils new €100M ‘SecFund’ in partnership to support homegrown companies for a safer Netherlands

Oct 15, 2024about 1 year ago

Contract Type

partnership

Government

Description

The Dutch Ministry of Defence has announced the creation of the SecFund, a €100M investment fund in partnership with the Ministries of Economic Affairs and regional development companies. The fund aims to support Dutch startups, scale-ups, and innovative SMEs focusing on solutions for both the civil and security sectors, with a maximum investment of €5M per company.

Company Information

Company

Dutch Ministry of Defence

About

The Dutch Ministry of Defence is a governmental body responsible for the defense policy of the Netherlands.

Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months