State Secretary Mona Keijzer (Economic Affairs and Climate): “With the Compensation for Fixed Costs, we continue to support entrepreneurs so they can focus as effectively as possible on reopening and recovery. All entrepreneurs can choose between two reference periods for the second quarter. This also enables starters who began a year ago to apply for the TVL. With these and other support measures, we aim to ensure that our entrepreneurs reach the finish line.”

Entrepreneurs have the option to choose the third quarter of 2020 as a reference period instead of the second quarter of 2019. This primarily helps entrepreneurs who, due to various circumstances such as renovations, have made less or no revenue in the original reference period in 2019. Additionally, this also includes start-up entrepreneurs who registered in the Trade Register before June 30, 2020, making them eligible for the TVL scheme.

Entrepreneurs can submit an application to the Netherlands Enterprise Agency (RVO) starting June 25 at 08:00 AM with a minimum revenue loss of 30% and at least €1,500 in fixed costs per quarter. The minimum subsidy amount is €1,500. For SMEs (up to 250 employees), the maximum subsidy amount is €550,000; for larger companies, it is a one-time €1,200,000. View all conditions for TVL Q2 2021 on this site.

Since the introduction of the TVL in the summer of 2020, more than 250,000 applications have been received across three TVL openings. The Netherlands Enterprise Agency (RVO) has granted over €4 billion in support to entrepreneurs. In the first quarter of 2021, more than 113,000 entrepreneurs applied for TVL. So far, around 98,000 of these applications have been approved.

The TVL Q2 2021 can be applied for via RVO.nl. For questions about financial arrangements, entrepreneurs can visit Rijksoverheid.nl/steunpakket or the website of the Chamber of Commerce: Kvk.nl/corona. If the answer to your question is not listed, please call the KVK Corona Desk at 0800 – 2117.