FGIF (Guarantee Fund for Women taking the Initiative)

Type of subsidy: This new subsidy makes it easier to obtain bank loans by partially guaranteeing those taken out by women looking to create, take over or expand a company.

Eligibility criteria: The fund may be granted to all women and the company must be less than 5 years old.

Amount: guaranteeing a loan for €5,000 minimum for two to seven years. Limit: See attached file.

Advantages: a guarantee for banks, no personal deposits to pay, the support of a network of business finance experts.

The loan is:
- intended for working capital and/or investments
- part of the startup finance plan or business expansion plan.

The total cost of the guarantee for the company amounts to 2.5% of the guaranteed sum.

SKMBT_C25309012614511.pdf