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IWT Funding best practices

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What did we learn – BUSINESS SIZE<br />

The <strong>IWT</strong> sector is known for it’s SME structure. This goes from small business<br />

owners with 1 vessel to businesses with 50+ vessels. A trend can be seen that<br />

financial institutions are leaning towards favoring coöperative approaches to<br />

reduce the risk (even temporary coöperations).<br />

Recommandations:<br />

à To reduce the risk for all parties and maximize the goal towards<br />

innovation, additional requirements could be made to stimulate the creation<br />

of a consortium with different parties (but not a limition!)<br />

à Small vs large businesses need a different approach (risks are different)

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