Startup Finance - Loan
Who’s this for
Early-stage Startups
You have less than 50 FTE’s and under 10 million euros in your balance sheet. In addition, hasn’t merged or bought/been bought by another company
Looking to hire
Maybe it’s your first hire or your 30th. Doesn’t matter. If you’re open to hiring remote talent, this could be a viable option
Innovative Projects
You’re building something that can generate significant income, improve current products or services, and/or improve an industry
Further Details
Startup Finance - Loan
Up to €500,000 or €1 million loan - conditions apply
Companies incorporated within 4 years
Repayable once the company is profitable
Eligible types of companies include:
Manufacturing
Software Development
Industrial services analogous to manufacturing
Other innovative activities which are enabled through knowledge and technology providing services or products which are currently not readily available in the relevant market, or which shall be provided through a process which is novel
Can be used for payroll, procurement of tangible & intangible assets, operations, and materials