Risk-Sharing Micro-Finance Facility
Stage of the instrument:
Operational programme "Human Resources Development"
View program-
Risk-Sharing Micro-Finance Facility
- Market consultations
- Preparation of the documentation
- Application of financial intermediaries
- Review of offers and negotiations with candidates
- Selected financial intermediaries
- Funding of final recipients
€8,60M
Instrument description
Financial resources
public resources in the amount of over EUR 8.6 million;
additional private co-financing from the financial intermediaries.
Goals of the instrument
improve access to financing for the seeding and development of start-ups;
- support social entrepreneurship;
- promote entrepreneurship among vulnerable groups.
Final recipients
- companies and self-employed persons registered not more than 5 years ago, including enterprises whose owners are from vulnerable groups such as unemployed for more than 6 months, young people aged 29 or less, people with disabilities;
- social enterprises.
Type of financing
investment loans or working capital loans in an amount of up to EUR 25 000;
an option for a small loan of up to EUR 2500;
a repayment term of up to 10 years;
an option for a grace period of up to 3 years on the loan principal and on interest;
for the purpose of acquisition of tangible and non-tangible assets for business development or expansion of activities of the enterprise or the self-employed person or to cover other costs linked to the core business operations.
Source of the public resources
Operational Programme Human Resources Development 2014 — 2020
Current stage of the instrument: in a reinvestment period until 2031
Financial intermediaries
Документи
- Source of public resource
- Operational programme "Human Resources Development" ( 2014 - 2020 )
- Current stage of the instrument
- End Recipient Financing
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