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MIKES

National · Netherlands · Netherlands Ministry of Defence (managed by Brabant Development Agency BOM with the Regional Development Agencies)

SecFund

EquityDual-useSecurityDeep techDual-use
Envelope
EUR 100 million
Ticket size
EUR 150,000 - 5,000,000 per company

About the programme

SecFund is a EUR 100 million security investment fund set up by the Dutch Ministry of Defence and managed by the Brabant Development Agency (BOM) together with the regional development agencies.

  • It provides early-stage risk capital of EUR 150,000 up to EUR 5 million per company to Dutch startups, scale-ups and SMEs building dual-use technologies.
  • In its first year the fund completed six investments alongside co-investors, with over 250 companies expressing interest.

Why it matters

It is the dedicated national equity instrument for Dutch dual-use companies that struggle to raise defence-adjacent venture capital, and it co-invests alongside private funds.

Calls & cycles

1
National / DenmarkOpen call

Acceleration Fund (Accelerationsfonden)

Danish Ministry of Defence / Danish Ministry of Defence Acquisition and Logistics Organisation (FMI/DALO)

The single largest pot of near-term Danish defence procurement money, with an explicit invitation for industry to propose what to buy. Speed to fielding is the main selection criterion.

Innovation procurementDefence
See programme
National / GermanyOpen call

Agentur für Innovation in der Cybersicherheit (Cyberagentur)

German Federal Government (BMVg and BMI)

One of very few German vehicles paying companies directly for security and defence-relevant research, with multi-million-euro phased contracts. Procurement-law process means longer lead times; watch the partnering events.

Innovation procurementSecurityDefenceDeep tech
See programme
National / PolandOpen call

ARP Financing for the Defence Sector (Agencja Rozwoju Przemysłu)

Industrial Development Agency (Agencja Rozwoju Przemysłu S.A.), Polish state development agency

A flexible state lender willing to bank defence-industry companies that commercial banks often avoid, useful for contract financing and liquidity in scaling defence production. No fixed calls: financing is negotiated case by case.

LoansDefenceDual-use
Working-capital loans from PLN 0.8 million (up to PLN 8.6 million with InvestEU guarantee for SMEs); larger investment and restructuring loans negotiated individuallySee programme