Three times more subsidy for climate investments in industry
The subsidy budget for the Accelerated Climate Investment Industry (VEKI) scheme has been increased to €138 million. As a result, companies can become more sustainable faster with CO2-saving measures. The scheme is also more attractive for small and medium-sized enterprises (SMEs) this year.
The VEKI scheme is for companies in industry taking CO2-saving measures. Measures that have a payback period of more than 5 years without subsidies. According to the Energy Saving Obligation, companies are required to implement investments with a payback period of 5 years or less
The subsidy is for investments in devices, systems or techniques whose operation has already been proven in industry. These are companies that produce goods and thereby process raw materials, process waste and wastewater or distribute energy.
In the coming years, we need to accelerate investments in CO2 reduction to meet the ambitious 2030 climate target. This is why the Ministry of Economic Affairs and Climate is drawing additional money from the Climate Fund. In addition, sharply fluctuating energy prices have increased the need for faster investments in process efficiency. By investing in this, entrepreneurs are less affected by those price fluctuations. That is better for their bottom line.
Attractive for SMEs
For an application, the minimum grant amount has been reduced to €30,000. This reduction makes the VEKI more attractive and accessible to SMEs. Entrepreneurs can apply for the subsidy from March 15, 2023, 09:00 am until January 9, 2024. 5:00 p.m.
VEKI in practice
A great example of an investment with help from the VEKI did Healix. This company recycles discarded ropes and nets, saving a substantial amount of CO2 (120,000 tons over a 5-year period) and fossil fuel.
Want to know more?
More information about the VEKI can be found via the website of the Netherlands Enterprise Agency. Click on the button below!