Support Programme

 

Programme 'Expansion'

Sector:
All sectors
Type:
financial support
Year:
2017-2020
Target group:
SME
Impacts:
Energy Materials Water
Where is this support available:
Czech Republic

The Expansion Programme offers Czech small and medium-sized enterprises outside of Prague interest-free investment loans up to 45 % of eligible costs, ranging from CZK 1 to 45 million. They can be used to purchase machines, equipment and technology, including ones for increasing resource efficiency, as well as to finance projects on material and energy waste recovery. The loans have a seven-year maturity with the option of postponing principal repayments up to 3.5 years. In addition to this form of support, entrepreneurs can also obtain an interest rate subsidy on a commercial loan up to CZK 1 million.

The programme offers specific conditions for certain types of projects including efficient use of water in industry. In these projects, a loan can range from CZK 650 thous. to 60 million having a ten-year maturity; an interest rate subsidy on a commercial loan can achive to CZK 1.5 million.