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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

Next deadline 6 Oct

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