Sunday 23 January 2022

Neelie Kroes calls on pension funds, insurers to invest in start-ups

Neelie KroesFormer EU commissioner and newly-appointed Dutch start-up ambassador Neelie Kroes has called on pension funds, insurers and other institutional investors to put money into innovative companies.

Kroes made the call in a speech to foreign investors in Eindhoven on Monday, the Financieele Dagblad reports. Kroes, a stalwart of the right-wing VVD, said it is harder to get risk capital for innovative companies and that is limiting the opportunities for start-ups.

‘The Netherlands has enormous pension assets. Pension funds should be investing in venture capital funds but have not yet done so,’ the paper quotes her as saying. ‘I want to find out what the options are.’

Kroes has been appointed start-up ambassador by the government for 18 months. Based in Amsterdam, she has been charged with encouraging a new generation of entrepreneurs to develop their talents and put the Netherlands on the map as a start-up haven.

Thank you for donating to DutchNews.nl

The DutchNews.nl team would like to thank all the generous readers who have made a donation in recent weeks. Your financial support has helped us to expand our coverage of the coronavirus crisis into the evenings and weekends and make sure you are kept up to date with the latest developments.

DutchNews.nl has been free for 14 years, but without the financial backing of our readers, we would not be able to provide you with fair and accurate news and features about all things Dutch. Your contributions make this possible.

If you have not yet made a donation, but would like to, you can do so via Ideal, credit card or Paypal.