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Support International Business - SIB

Last checked on:
9 January 2024
Published on:
4 May 2022

Are you an entrepreneur with the ambition and capacity to expand to international markets? Do you already know which market suits your product or service? Then apply for the Support International Business (SIB) subsidy. With this scheme, you can finance various activities that help you take the next step in international trade.

Support International Business

Budget

Start date:
Monday, 1 January 2024
15:00 (CET)
End date:
Tuesday, 31 December 2024
23:59 (CET)
Total budget:
€ 3,000,000

Online Q&A session

Do you have questions about the Support International Business (SIB) subsidy? We organise 3 online Q&A sessions this year. During these sessions, you will hear all about the opportunities, conditions and the application process. The first session will take place on 16 April. See 'Q&A session: Find out how SIB subsidy helps you doing business abroad' for more information.

What is SIB?

You can use the Support International Business (SIB) subsidy to finance activities to improve your business chances in a specific country.

Activities you can apply the subsidy to

SIB Collective activity

Along with other companies, you can participate in a trade mission or trade fair in a specific country to promote your product or service to potential customers. The collective activity also lets you connect with possible trading partners and investors.

SIB Individual trade fair participation

You can participate in a trade exhibition in a country of your choice to promote your product or service to potential customers. Trade fair participation allows you to connect with possible trading partners and investors.

SIB Market entry

With the help of a local expert, you will start new trade activities in your target country. These activities help position your product or service. The expert introduces you to local stakeholders.

SIB Coaching

With the support of a coach, you will learn how to organise exports to your target country. You can discuss the questions that might arise with your coach. After coaching, you will have enough knowledge to write an export plan and deal with other export-related subjects.

SIB Knowledge and skills

You will learn about your target country's judicial and fiscal situation with an expert. An expert can also conduct market research about a specific sector in the target country. Or you can follow a training course to improve your knowledge on doing international business in a specific country.

SIB Alternative markets

Is your business affected by the war in Ukraine and the resulting trade sanctions against Russia or other trade restrictions? You can use this subsidy to look for a replacement export market.

Extra grant for 'green' SIB activities

Are you going to take part in a 'green' fair or mission? From 2023, you can apply for an extra SIB subsidy. If your activity meets our conditions, the subsidy can amount to 80% of the eligible costs, up to €2,500.

We require the central theme of the fair or mission to address one of the 'green' goals categories (see the pdf in Dutch below) from the 'Green Missions or Fairs Assessment Framework'.

For whom?

Small and medium-sized enterprises (SMEs) in the Netherlands and the Dutch Caribbean territories can apply for the SIB subsidy. You must already know which foreign market you want to export your product or service to. Also, you must show that you have the capacity and ambition to take the next step in expanding your business internationally.

Companies registered with the Chamber of Commerce from all sectors can apply for the SIB subsidy. Unincorporated companies, such as sole proprietorships, general partnerships, limited partnerships, and partnerships, are not eligible for SIB. You are also not eligible for SIB subsidy if your company carries out activities that are on the FMO Exclusion List.

Budget

The total budget is €3,000,000.

Subsidy amount

The subsidy covers 50% of expenses up to a maximum of:

  • €1,000 for SIB Coaching
  • €1,500 for SIB Collective activity (for trade missions)
  • €2,500 for SIB Collective activity (for trade fairs)
  • €2,500 for other SIB activities.

How it works

Before applying for a SIB subsidy, please check which activity best suits your business needs. You can then:

  1. Look for an external consultant who can help you with your activity.
  2. After finding a suitable consultant, submit your subsidy application.
  3. Include a quotation and the consultant's CV with your application.
  4. Within 13 weeks of your submission, you will know whether you are eligible for the grant.

Please note

  • Make sure you have not made any commitments before submitting a grant application.
  • Read the legislation and regulations carefully for the (additional) conditions.
  • You must first apply for the subsidy, then carry out the activity. You cannot apply for the subsidy after carrying out the activity.

Changes to the previous SIB programme

From 1 April 2022, SIB changed from a voucher system to a subsidy. If you apply after 1 April 2022, you can get a subsidy if you meet the conditions.

Were you using SIB before 1 April 2022, and do you have a SIB voucher? You can still transfer and redeem the voucher within the applicable period.

Legislation and regulations

More information

Visit the Dutch SIB website for more information about SIB and how you can apply. Or contact one of our advisors; they will be happy to assist you.

CSR guidelines for SIB vouchers

The Dutch government finds it essential that Dutch companies serve as examples of Corporate Social Responsibility (CSR) or Responsible Business Conduct (RBC). CSR means taking responsibility for the impact of your business on the environment, society, and employees while striving for economic success. If you receive financial support from the government to do business abroad, we expect you to do so responsibly.

Risks and opportunities

We look at both risks and opportunities for Responsible Business Conduct:

  • Risks include social and environmental risks to your activities abroad and ways to prevent of reduce them.
  • Opportunities include contributing to one or more Sustainable Development Goals.

CSR guidelines

If you want to apply for a SIB voucher, the following CSR guidelines apply:

CSR and your application

  • In the application form, we will ask you to agree to follow the OECD Guidelines for Multinational Enterprises.
  • Our project advisor will check your application for activities on the FMO exclusion list.
  • We urge you to take CSR measures into account. Also, to include CSR in the development of our action plans for market research and market entry.

More information

Read more on CSR and how you can integrate CSR in your organisation.

Commissioned by:
  • Ministry of Foreign Affairs
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