When is this a good option? Aid in the form of a loan is a good choice when it is needed for a short period and financial figures show the company has relatively good debt capacity.
Maximum term – 6 years
Amount – from €300,000 to €2,000,000
For any one company, loans and bonds may not exceed 25% of its 2019 turnover. Exceptions may be made and more financial aid provided for those companies most heavily affected by COVID-19.
You can download the description of the application and evaluation procedure here.
An enterprise that decides to apply for aid must complete an application (download the application form).
The application must include as much information as possible about the enterprise, its shareholders and managers, the funds needed, activity forecasts for the next few years, its financial situation for the past three financial years, and so on.
Please submit the application by e-mail to firstname.lastname@example.org.