Two instruments will be implemented under the European Funds for Smart Economy Programme
Establishment of the Guarantee Fund for the growth and competitiveness of enterprises
Priority II - Innovation-friendly environment (Measure 2.31)
Support, among others, in the scope of innovation and digital transformation. The aim of the instrument is to increase the growth potential of enterprises and create incentives for debt financing. A guarantee as debt repayment security facilitates companies' access to financing for the implementation of investment and/or increasing the working capital necessary for company growth and providing the liquidity. Support in the form of guarantees is intended for enterprises ready to take on the additional risk associated with increasing of the company debt. The guarantee provides a security for the repayment of the following loans:
- investment loans for financing projects involving the implementation of new or improved product, process, organisational or marketing solutions identified at least at a company level and the implementation of business models based on automation, robotisation or digitisation of enterprises.
- revolving and non-revolving working capital loans to finance working capital linked to capital expenditure in order to launch, maintain or increase the production and service activities of enterprises and to finance the business as usual of enterprises, including the provision of liquidity.
The guarantee can be used by enterprises with creditworthiness assessed by a financial institution, but identifying the limitations in accessing finance due to the lack of or insufficient security for the repayment of debt.
For whom
micro, small and medium-sized enterprises as well as small mid-caps and mid-caps
Budget
EUR 237,850,000 million
Institution
Bank Gospodarstwa Krajowego
Establishment of the Green Guarantee Fund for the growth and competitiveness of enterprises
Priority III Greening of enterprises (Measure 03.02)
The support is aimed at increasing the scale of energy transformation of enterprises by providing debt financing sources for this process, including investments and other costs related to such transformation, such as investments to increase the energy efficiency of enterprises in terms of new investment and the modernisation of existing activities towards a green transformation concerning buildings, production lines, the purchase of equipment reducing the consumption of electricity or heat, increasing the use of renewable energy sources, installations producing energy from renewable sources.
The investment financed by a loan with guarantee will demonstrate a level of energy savings in terms of energy efficiency improvements of the enterprise, as determined at the application stage.
For whom
micro, small and medium-sized enterprises as well as small mid-caps and mid-caps
Budget
EUR 173,400,000
Institution
Bank Gospodarstwa Krajowego