Kohesio: discover EU projects in your region

project info
Start date: 1 April 2016
End date: 31 December 2023
Fund: European Regional Development Fund (ERDF)
Total budget: 796 612 500,00 €
EU contribution: 675 867 400,00 € (84,84%)
Programming period: 2014-2020
Managing authority: Ministerstwo obsługujące ministra właściwego ds. rozwoju regionalnego

Creation and recapitalisation of the Guarantee Fund to support innovative enterprises

The Guarantee Fund implemented as part of the non-competitive project will offer guarantees to financial institutions (crediting banks) providing capital to entrepreneurs for their innovative activities, including the implementation of the results of R & D. Guarantees are a repayable instrument with the highest leverage ratio understood as the relationship of generated funding to the public funds involved. Taking over by the Guarantee Fund a significant part of the risk borne by financial institutions will create an incentive to engage private capital in financing innovative projects. The operation will also provide support in the form of interest rate subsidies on loans, in accordance with Article 37(7) of Regulation 1303/2013.

Flag of Poland  Trójmiejski, Poland