The subject of the project is the implementation of financial instruments (IF) in the form of loans and guarantees for micro, small and medium-sized enterprises established or focusing their activities in Świętokrzyskie voivodship. The system of implementation of financial instruments will be based on a cascade structure, i.e. Manager of Funds Fund (MFF) cooperating with the Managing Authority of RPOWŚ. The distribution of project funds to the Subsidiary Recipients will be carried out through Financial Intermediaries (PF) selected by the Fund Manager (MFF). The selection of PFs will be based on open, transparent, proportionate and non-discriminatory procedures that do not allow conflicts of interest. The FF manager will provide the PF with funds to provide support to the Final recipients. The implementation of the project will contribute to direct support for SME activities at an early stage and at a later stage in the market. The use of IFs by SMEs will increase the level of innovation of existing businesses and increase the number of new jobs. The implementation of the project will have an impact on the uptake of innovation in enterprises in the SME sector, contributing to an increase in the number of innovations and thus the proportion of innovative enterprises linked to the introduction of new products and services. As a result of the project, there will be an increase in the number of companies receiving support (CI 1) – 1924, including the number of companies receiving financial support other than grants (CI 3) – 1924, the number of supported loan funds – 5, the number of supported guarantee funds – 2 and an increase in private investments complementing public support to enterprises (other than grants) (CI 7) – PLN 7 500 000.00. As part of the project, the total value of eligible costs is assumed to be PLN 245 647 058.82, including ERDF co-financing at the level of PLN 208 800 000,00.