Small and medium-sized enterprises, as per the SME Act or small medium-capitalization companies (with staff number up to 499 employees, which do not fall into the SME definition of the EIF)

• Working capital loans – overdrafts, revolving credit lines, working capital loans in installments, VAT credit lines
• Investment loans
• Bank Guarantees

• For investment loans – standard period of up to 120 months, depending on the project type the repayment period may reach 144 months
• For working capital loans – up to 48 months

Eligibility for lending

(examples)

The Borrower or the loan should meet at least one of the Innovativeness or Digitalization criteria under the programme. Examples of eligible borrowers/investments:

• The Borrower should be a "fast-developing enterprise".
• The Borrower should have a considerable potential for innovations or be an "intensely developing enterprise in the research and innovations domain".
• Investments in the manufacture, development or implementation of new or significantly improved products, processes or services, or methods for production or delivery, or an organizational or process-related innovation, or such pertaining to intangible assets (intellectual property included)
• Elaboration of new business models through the adoption and integration of digital technologies, for example, servitization (adding of services to products or replacement of a given product with a service).
• Introducing or enhancing the digitalization in procurement management, including, but not limited to sharing of business data, interaction with vendors, inventories’ management, involvement in integrated supply chains with business partners.
• Improvement of existing products and services through the use of or the integration of digital technologies in those products or services
• Integration and use of digital technologies upon the management of customer relations, including improvements in customer feedback systems or enhancing supply opportunities.
• Business development and attracting of customers through expansion into new geographical and/or product markets or customers, attracted thanks to the implementation/integration of digital technologies.
• Enhancing the security of data or the resilience of the business against threats of cyber attacks, data protection and privacy.
• Improvement of business processes through the implementation of a highly innovative technology in the borrower’s activity – artificial intelligence, blockchain, drones, robotization, biotechnologies, photonics, advanced materials or quantum computing.
• Development of digital skills and training of staff.
• Support for suppliers of services that provide an opportunity and support companies in the digitalization of value chains

The list shows only part of the borrowers/ projects, eligible for funding under the programme.