Dutch government launches plan for €6.6bn investment institution

The Dutch government and private financiers have launched an initiative to create a national investment institution for young, innovative companies struggling to finance growth at home or abroad. Announced on 25 September 2026, the plan still requires legislation before the institution can be formally established. [1]

The proposed National Investment Institution (NII) would bring together Invest-NL and Invest International. The government plans to contribute approximately €3.3 billion from the proceeds of the sale of TenneT Germany. Combined with the two organisations’ existing capital, that would give the NII about €6.6 billion in initial core capital — not all of it new funding. The announcement does not say when the new contribution will be transferred. [1]

The NII is intended to provide finance where private lenders and investors are reluctant to participate, complementing rather than replacing market funding. Its initial focus would cover four areas: digitalisation and artificial intelligence; security and resilience; energy and climate technology; and life sciences and biotechnology. No allocation between those areas was announced. [1]

Private financing and projections

Financial-sector associations were due to sign a declaration in Amsterdam that afternoon setting out their intention to co-finance with the NII, according to the government. The announcement did not confirm that the signing had taken place. It also reported support from business organisation VNO-NCW and the European Investment Bank, without announcing a specific EIB financing commitment. [1]

The proposed private-sector commitment is to make efforts to mobilise funding through co-financing, fund investments and possible lending to the NII. It does not specify an amount of secured private capital. The government is also keeping open the option for the institution to borrow. [1]

The government attributes to the declaration’s intended signatories an expectation that an indicative multiplier of 3.5 could put total investment of approximately €30 billion within reach during the initial phase. That figure is a projection, not money already raised, committed or invested. The announcement does not explain the multiplier’s calculation base or define how long the initial phase would last. [1]