Novice

In over 21 years Fund has supported 6.216 projects for micro, small and medium - sized enterprises in Slovenia, in a total amount 731,35 million EUR favourable financial sources (credits, guarantees, counter - guarantees and equity financing). Summary from Annual business report 2012 Basic results: The ammount of eamarked capital on the date 31 December 2012: 55.649.131 EUR The number of supported project in the period 2000 - 2011: 4.839 project The amount of supported project in the period 2000 - 2011: 666,52 mio EUR, of which: start up's: 936- financial means for the start up¨s: 72,23 mio EUR The supportes SMEs have created: 4.003 new job positions or 0,83 new job positions per company NUMBER OF SUPPORTED PROJECTS AND AMOUNTS OF APPROVED FINANCIAL ENCOURAGEMENTS OF THE FUND FOR PERIOD 1996 - 2012 No.YearNo. of supported projectsAmount of approved financial encouragement (loans, guarantees and subventions) in mio EUR 1 1996 197 13,32 2 1997 125 8,99 3 1998 166 11,56 4 1999 131 10,86 5 2000 143 10,4 6 2001 211 18,22 7 2002 150 12,95 8 2003 131 12,18 9 2004 104 9,58 10 2005 246 29,29 11 2006 296 34,19 12 2007 607 65,04 13 2008 589 82,45 14 2009 779 120,3 15 2010 650 126,93 16 2011 589 93,66 17 2012 344 51,28 TOTAL   5.458 711,25 Success stories EIF case study template primer 1 - Srecko Knuplez s.p. EIF case study template primer 2 - Sienit d.o.o. EIF case study template primer 3 - Infotim d.o.o.
This includes companies that are increasing at an average pace and consistently and profitably operate within selected niche markets, and lack the potential for rapid growth.
This is a company that will develop products, services or processes in an innovative way. From innovative technology companies are expected to further continue the high level of knowledge in products and services and the potential for rapid growth.
The bank loan guarantee line is a financial engineering model offering combination of different financial sources and multiplication of such sources as a result of financial leverage. 1. CLASSICAL GUARANTEES: Development guarantees as collateral for bank loans intended for financing of development & expansion investments, Micro guarantees intended as collateral for bank loans for working capital, Guarantees for new business as collateral for bank loans taken by enterprises registered less than 42 months. 2. COUNTER - GUARANTEES FOR REGIONAL GUARANTEE SCHEMES Counter guarantees for regional guarantee schemes provide support for regional guarantee schemes operating in Slovenia and providing guarantees as collateral for smaller bank loans taken by SMEs from their regions. The Fund uses this product to ensure multiplication and linking of financial sources also at regional level, while ensuring also a uniform support in provision of favourable financial sources for SMEs in individual regions of Slovenia. AIM: The bank loan guarantee line is oriented in supporting the development investments aiming at ensuring faster growth of an enterprise, creating higher value added per employee, replacing low value-added jobs by high value-added ones, and providing for successful transfer of development ideas to successful market-oriented undertakings. HOW DOES IT WORK: The enterprise shall visit a bank cooperating with the Fund (the list of banks involved shall be published in individual tenders) and apply for a loan indicating that the loan would be collateralised by the Fund’s guarantee. Upon a positive decision of the bank, the enterprise shall submit an application to the Fund’s public tender. In case of a positive assessment, the Fund shall provide the enterprise with 60 % to 80 % guarantee to collateralise the above-mentioned loan, and a lower interest rate for the loan.
In accordance with the bussiness plan of the program of financial engineering instruments for SMEs In the year 2013 the Fund will publish 7 public tenders in a total amount 122 mio EUR. Active tenders: P1 - The Fund's Bank Loan Guarantees with Subsidized Interest Rate P1 TIP - The Fund's Bank Loan Guarantees for Technology Innovative Projects P2 - Co-financing (Grants) for Enterprise Start-ups
Under the grant line, the Fund offers grants for enterprise start-ups, where grants aim at encouraging establishment and launching of innovative and technology-oriented enterprises. AIM: Through this line, the Fund would like to support the target group of enterprises with a high development potential and at the most vulnerable development stage. Namely, their development potential is high, but it might be soon lost if no appropriate sources of finance are available. The Fund's grant can be acquired by enterprises registered in 2011 and included in technological parks and university incubators, complying also with other tender conditions. HOW DOES IT WORK: The enterprise shall apply for tender on grants aimed at starting-up enterprises located in entities of innovative environment, where the application shall include the elements specified in the public tender. In case of a positive assessment, the Fund shall provide the enterprise with the above-mentioned grant in the form of reimbursement of eligible starting expenses.
In 2010, the Fund was going to introduce new forms of SME financing, namely implementation of equity financing instruments. AIM: Equity financing instruments will be implemented through a public tender, inviting private venture capital companies, which comply with terms and criteria of the tender, where such companies will acquire the stake of the Republic of Slovenia equalling up to 49 % of their total capital or a minimum of EUR 1 million, respectively. These selected venture capital companies will be able to invest the acquired funds, together with funds provided by private investors, as venture and mezzanine capital in promising, innovative and fast-growing SMEs. HOW DOES IT WORK: Equity financing instruments will be implemented through a public tender, inviting private venture capital companies, which comply with terms and criteria of the tender, where such companies will acquire the stake of the Republic of Slovenia equalling up to 49 % of their total capital or a minimum of EUR 1 million, respectively. These selected venture capital companies will be able to invest the acquired funds, together with funds provided by private investors, as venture and mezzanine capital in promising, innovative and fast-growing SMEs.
The Public Fund of Republic of Slovenia for Entrepreneurship or shortly The Slovene Enterprise Fund (the Fund or SEF) is established with purpose of improving the access to financial resources for different development – business investments of micro, small and medium-sized enterprises (SMEs) including with financial resources for SMEs start-up and micro financing in the Republic of Slovenia. Every year the Fund is offering proper financial solutions for development – business projects in Slovenian entrepreneurial sector via financial engineering, which is majorly based on financial instruments with refundable means (loans, guarantees for loans, subsidised interest rates, venture capital) which allows combining of financial resources of different financial institutions (financial lever). Through offering favourable financing resources want to ensure that state aid are distributed in all phase of development life cycle; from seed companies, start up’s and till the phase of further growth and development. According to the mentioned lines the Fund closely co-operates with other domestic and international financial institutions such as commercial banks, the European Investment Fund (EIF) and the European Mutual Guarantee Association (AECM). Establishment: 1992 - when the Statute of the Fund for small Business Development, based on Small Business Development Act, was adopted (Official Journal of the Republic of Slovenia No. 18/1991). Conversion: 2000 – after the implementation of the Public Fund Act (Official Journal of the Republic of Slovenia No. 22/2000) the Fund converted into a Public Financial Fund and entered in companies register. With adoption of The Act Regulating Supportive Environment for Entrepreneurship (Official Journal of the Republic of Slovenia No. 40/2004) and The Instrument of incorporation of the Fund (Official Journal of the Republic of Slovenia No. 112/2004), the Fund converted into the Public Fund of Republic of Slovenia for Entrepreneurship, shortened name Slovene Enterprise Fund, which is legal successor of The Public Fund of Republic of Slovenia for the Development of Small Business. The Act Regulating Supportive Environment for Entrepreneurship (Official Journal of the Republic of Slovenia No. 102/2007) provides the substance and possibilities in implementation of different financial instruments and other detailed Fund’s activities. Head Office is in Maribor, Kneza Koclja 22. The Fund is registered at District Court in Maribor, Republic of Slovenia, in December 2000. The Fund’s activities according to standard classification of activities: 84.13 Regulation of and contribution to more efficient operation of business 64.91 Financial leasing 64.92 Other credit granting 64.30 Trust funds, other funds and similar financial entities Statistical classification: 84.130 – Regulation of and contribution to more efficient operation of business Registration No.: 5523362 Tax No.: 58045473 Sub-accounts at the Public Payments Administration: 01100-6950960475 »Earmarked capital« 01100-6270960405 »Assets for current operations« 01100-6000007104 »EU Provision fund« SEF Earmarked capital on 31.12.2014: 57,13 mio EUR The Fund is an indirect budget user. The bodies of the Fund are the Supervisory board and the director. Supervisory board has a president and five members. On 28.5.2015 the content of the Supervisory board is as follows: president: Branko Mehmembers: Sabina Koleša, PhD.,Ministry of economic development and technology, Simona Hočevar, M.Sc., Govenment office for development and cohesion policy, Cvetka Tinauer, PhD, Chamber of Commerce and Industry of Slovenia, Katja Lutar, M.Sc., Government Office for Development and European Affairs. Director of the Fund is: Maja Tomanič Vidovič, M.Sc. Number of employees on 28.5.2015: 33 (16 fixed-term employments, 15 technical assistance EU, 2 project) Regulatory framework: Basic Acts: Public Funds Act (Official Journal of the RS, No. 77/2008), Act Regulating Supportive Environment for Entrepreneurship (Official Journal of the RS No. 102/2007), Venture capital Companies Act (Official Journal of the RS, No. 92/2007, 57/2009). Instrument of incorporation: Instrument of incorporation of the Public Fund of Republic of Slovenia for Entrepreneurship (Official Journal of the RS, No. 112/2004 and 11/2007) Brochure of the Fund
The bank loan guarantee line is a financial engineering model offering combination of different financial sources and multiplication of such sources as a result of financial leverage. 1. CLASSICAL GUARANTEES: Development guarantees as collateral for bank loans intended for financing of development & expansion investments, Micro guarantees intended as collateral for bank loans for working capital, Guarantees for new business as collateral for bank loans taken by enterprises registered less than 42 months. 2. COUNTER - GUARANTEES FOR REGIONAL GUARANTEE SCHEMES Counter guarantees for regional guarantee schemes provide support for regional guarantee schemes operating in Slovenia and providing guarantees as collateral for smaller bank loans taken by SMEs from their regions. The Fund uses this product to ensure multiplication and linking of financial sources also at regional level, while ensuring also a uniform support in provision of favourable financial sources for SMEs in individual regions of Slovenia. AIM: The bank loan guarantee line is oriented in supporting the development investments aiming at ensuring faster growth of an enterprise, creating higher value added per employee, replacing low value-added jobs by high value-added ones, and providing for successful transfer of development ideas to successful market-oriented undertakings. HOW DOES IT WORK: The enterprise shall visit a bank cooperating with the Fund (the list of banks involved shall be published in individual tenders) and apply for a loan indicating that the loan would be collateralised by the Fund’s guarantee. Upon a positive decision of the bank, the enterprise shall submit an application to the Fund’s public tender. In case of a positive assessment, the Fund shall provide the enterprise with 60 % to 80 % guarantee to collateralise the above-mentioned loan, and a lower interest rate for the loan.
Semenski kapital za zagon inovativnih podjetij Tvegan kapital za hitro rast inovativnih mladih podjetij
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