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Budget and availability period of the program
The program budget is €150.000.000 and the availability period is until 31.12.2023 or until the available funds are exhausted.
Purpose of funding
You can receive funding to cover the investment needs of your business as well as your more permanent working capital needs for starting, expanding, or strengthening the activities of a business under EU Regulation 1303/2013 (No.37.4).
Loan amount
The loan amount ranges from €10.000 to €1.875.000.
Duration of financing
From 1 to 10 years from the contract's signing date, including the grace period.
Disbursement procedure
Lump-sum or partial disbursements are allowed against vouchers (obligatory within a grace period and not later than 31.12.2023).
Method of repayment
Repayment is made through equal quarterly or semi-annual installments.
