IMPLEMENTATION LEVEL

IFI

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

firm-specific

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 17 May 2019 | Removal date: open ended
Still in force

State loan

On 17 May 2019, the European Investment Bank (EIB) and Intrinsic ID B.V. signed a loan agreement having a total value of EUR 11 million (approx. USD 12.3 million).

The loan will support the company's investment related to its product and software development activities. According to the EIB the loan will: "... will help Intrinsic ID maintain their competitive edge in an innovative technology, scale up their business thanks to turnkey solutions and value-added services offerings and pursue their growth strategy and geographic deployment."

Intrinsic ID is a cybersecurity company with a presence in both the United States and the Netherlands. The company provides "embedded authentication solutions based on SRAM Physical Unclonable Function (PUF) technology".

A state act in the GTA database is assessed solely in terms of the extent to which its implementation affects foreign commercial interests. On this metric, the investment support granted here is discriminatory.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

471 Electronic valves & tubes; electronic components; parts
8541 Diodes, transistors and similar semiconductor devices; photosensitive semiconductor devices, including photovoltaic cells whether or not assembled in modules or made up into panels; light emitting diodes; mounted piezoelectric crystals.
854160 Mounted piezoelectric crystals
854190 Parts

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