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Doing business in the Netherlands 22EIA (Energie Investerings Aftrek) (Energy InvestmentDeduction Scheme)The purpose of the Energy Investment Deductionscheme (EIA) is to stimulate investment in energy-savingtechnology and sustainable energy, i.e.so-called energy investments. Companies thatinvest in the energy industry are entitled to additionaltax deductions at a percentage of the investmentcost. The energy investment deduction is onlyavailable for capital equipment that complies withthe specified energy performance requirements.The energy performance requirements and thecapital equipment that are subject to the energyinvestment deduction are available in the EnergyList 2014 (Energielijst 2014), which is updated on anannual basis.KleinschaligheidsInvesteringsAftrek (Small-scaleInvestment Deduction)The Small-scale Investment Deduction entitles theentrepreneur to make deductions from investmentsin capital equipment between € 2,300 and € 306,931in 2014. You invest in capital equipment in the year inwhich you buy it and therefore incur a payment obligation.The investment deduction can be applied inthe year in question. If you do not intend to use thecapital equipment in the year in which the investmentis made, then part of the investment deductionis sometimes carried forward to the next year.5.4 FinanceBMKB (Borgstelling MKB Kredieten) (Credit GuaranteeScheme for SMEs) The purpose of the CreditGuarantee Scheme for SMEs (BMKB) is to stimulatecredit provision to small and medium-sizeenterprises (SME or MKB in Dutch). The scheme isdesigned for companies with a maximum of 250 employees(fte) with a year turnover up to € 50 mln ora balance sheet total up to € 43 mln and includesmost professional entrepreneurs. If the entrepreneuris unable to provide the bank with sufficientsecurity or collateral to secure a loan, the bank canappeal to the BMKB for the necessary guarantees.The government will then, under certain conditions,provide the security for part of the credit amount.This reduces the level of the bank’s risk exposureand increases the creditworthiness of the entrepreneur.Because the banks are in a restructuring phase andadditional requirements are being laid down for capitaland liquidity, business finance for starters andother small businesses, fast growers and innovativecompanies is becoming more difficult and long termfinance is under pressure.GO (Garantie Ondernemingsfinanciering)(Corporate Credit Guarantee)With the Corporate Credit Guarantee large andmedium companies can borrow large amounts moreeasily. Financiers who provide capital get a 50%guarantee from the government. The maximum termof the guarantee is 8 years. You are only eligible forthis scheme if your company is established in theNetherlands and if the business activities take placemainly in the Netherlands. You can borrow an amountfrom 1.5 to 150 million Euro.MKB+ (Innovation Fund SME+)The SME+ Innovation Fund enables the businessmanto convert ideas more easily and quickly into profitablenew products, services and processes. The +means that this scheme is also open to companiesbigger than the SME. The SME+ Innovation Fundincludes financial instruments that are available forinnovation and finances rapidly growing innovativeenterprises. The fund comprises three pillars:1. The Innovation CreditThe Innovation Credit is granted directly to enterprises.This encourages development projects(products, processes and services) associated withsubstantial technical and as a result financial risks.Enterprises have no or insufficient access to thecapital market for these projects.2. The SEED Capital schemeThe SEED Capital scheme makes it possible forinvestors to help techno starters and creative startersto convert their technological and creative knowhow into usable products or services.3. Fund-of-FundsFund-of-Funds also improves access to the risk capitalmarket for rapidly growing innovative enterprises.