On Friday 19 February, the Slovene Enterprise Fund announced its second tender this year to support innovative Slovenian companies. We are talking about the SK75 tender, which will allow companies to receive a convertible loan of 75,000 euros. The money, which is accompanied by extensive content support, is to be used to increase sales and expand into new markets.
The aim is to provide quasi-equity financing for innovative companies in the seed stage that have difficulty accessing financing from commercial banks or other traditional forms of financing. You can expect a fixed interest rate of 4% and there is no fine print when signing the contract. The full amount is in your account no later than 7 months after signing the contract. The term of the loan is 5 years.
Applications are open to companies that:
- have the status of a d.o.o. and are registered in Slovenia,
- are older than 1 year and younger than 5 years (from the date of registration to the submission of the application),
- have completed the development of the product/service and have already tested it with the first customers
- are generating their first sales,
- have at least one permanent partner.
In addition to having a good product, it is critical to have the right information at the right time. To this end, the Fund will organize promotional events with local partners across Slovenia in March and together they will present what, how, why and what form of support they can offer you in applying for the tender. They will be available for 1: 1 feedback on whether your idea is suitable for the tender.
Places will be limited but you can register now for the event near you. Would you like us to notify you of confirmed dates and locations and book you a ticket in advance?
Want to know more about the call for applications and the pre-selection process before the events? Then click here.
Promotional events throughout Slovenia: between 1 and 15 March
Deadline for pre-selection: 12 March
Deadline for applications: 31 March