Commission concludes Dutch guarantee scheme to support fast growing medium and large-companies involves no aid

Background information:

The objective of this scheme is to improve access to finance for companies with a considerable growth potential. Under the GO scheme, the Dutch State guarantees 50% of new loans to companies, for up to 8 years. The GO scheme runs until the end of 2023, with the maximum annual amount of loan guarantees fixed at €400 million.

The Commission found that the guarantees give the Dutch State an appropriate remuneration level, ensuring that the scheme is self-financing, including administrative costs and the remuneration of virtual capital.

The European Commission concluded on 26 March 2018 that the 'Extended Growth Facility' (also known as 'GO'), a Dutch guarantee scheme to support medium and large companies, does not involve State aid.