The measure aims to contribute to the implementation of the task foreseen in the Operational Programme of Economy Growth 2007-2013 – to improve SME's access to finance. Specifically, the measure aims to improve SME's access to external funding sources, and thus facilitate the creation and growth of new businesses and contribute to the increase of productivity. The activities supported are: micro crediting of very small enterprises (credits up to EUR 25 000); venture capital fund investments in SMEs which demonstrate high growth potential; guarantees for SME’s financial obligations to the crediting institutions or reguarantees of the existing credit portfolios. The overall budget of the measure is €229m.
Official adoption year
National Support Measure