Financing Programmes http://www.insme.it daily 1 2011-05-19T19:18:00Z SWITCH Asia Programme http://www.insme.it/financing-programmes/92 SWITCH Asia a European Commission programme aims at promoting Sustainable Consumption and Production (SCP) among small and medium-sized enterprises (SMEs) in Asia by moving SCP practices from demonstration to replication.
To achieve this objective, the programme works simultaneously on the ground, with producers and consumers, and at the level of policy-making through supporting for formulation and implementation of SCP-related policies.

It started in 2007 with a budget of €90 million for the period 2007-2010.

The programme is made of three components:
- Grant projects
- The Network Facility (implemented by the UNEP/Wuppertal Institute Collaborating Centre on Sustainable Consumption and Production (CSCP) GmbH)
- Policy Support Component

]]> No publisher admin 2011-05-23T13:48:59Z Financing Brazilian Technology Fund (FUNTEC) http://www.insme.it/financing-programmes/75 The Technology Fund (FUNTEC), promoted by the Brazilian Development Bank (BNDES), aims at financially supporting projects that intend to stimulate technological development and innovation in Brazil.

The projects eligible for financial support shall be directed in the following fields:

- Bioenergy
- Environment
- Health 
- Electronics
- New Materials 
- Chemistry
- Transportation
- Oil and Gas:

Beneficiaries
The Technological Institutions and the Support institutions for the development of research projects, technological development and innovation, with the intervening of companies participating of the research.

Way of support
Operations in the ambit of FUNTEC will be carried out in the way of direct support, in the non-reimbursable modality and limited to 90% of the total value of the project.

For further information:
http://www.bndes.gov.br/english/funtec.asp

]]> No publisher admin 2011-04-06T13:33:21Z Financing Nova Più http://www.insme.it/financing-programmes/91 Financings for business innovative projects and ideas Nova Più is a loan line of the Mediocredito Italian, an Intesa Sanpaolo Group's company, dedicated to all enterprises that want to innovate in all sectors and sizes.

Nova Più is divided into four solutions, depending on the strategy chosen by the innovation, to improve their technology or their own corporate structure:
- Nova Più Research
- Nova Più Purchase
- Nova Più InfoCom
- Nova Più University

Funding may reach up to 100% of the investment and will last 5 years (up to 7 years for Nova Più Research), including a pre-depreciation up to 18 months, extendable to 24 months for Nova Più Purchase and 30 months for More PiùResearch.

]]> No publisher admin 2011-04-06T13:33:21Z Financing JEREMIE - The Joint European Resources for Micro to Medium Enterprises initiative http://www.insme.it/financing-programmes/90 JEREMIE Initiative provides the framework for a series of coherent financial actions to improve the financial environment for small businesses (medium, small and micro enterprises, known as SMEs) at national, regional and local level. Increasing small businesses’ access to finance and risk capital enables economic growth and competitiveness.

JEREMIE’s resources are derived from EU Structural Funds for the funding period 2007-2013, the monies issued by the European Commission to EU Member States and their Regions for development. National and regional public authorities of the EU Member States responsible for the EU Structural Funds allocation may opt to participate in a JEREMIE framework for financial actions.

JEREMIE funds are not issued directly to small businesses (SMEs). SMEs should therefore not apply to EIF (European Investment Fund) or the EC for financial support.

In due course, SMEs interested in obtaining finance will be able to identify and contact financial intermediaries in their countries based on information provided on the EIF website, which will be provided as and when the JEREMIE initiative becomes active in Member States and Regions.

]]> No publisher admin 2011-05-23T13:43:24Z Financing Eurostars Programme http://www.insme.it/financing-programmes/88 Eurostars is a joint initiative between EurEka and the EU Seventh Framework Programme for research and Technological development (FP7)

The Eurostars Programme is a European innovation programme which provides funding for international market-oriented research and development projects with the active participation of specifically R&D performing SMEs based in a Eurostars participating country which invest 10% or more of full-time equivalent or annual turnover in research activities.

Even if the organisation is based outside of the member countries of Eurostars, it may still be eligible to participate in a Eurostars project in addition to the minimum of two participants established in two different Eurostars member countries. For further details contact national Project Coordinator (nPC) 

The Eurostars Programme is open for funding applications on a continuous basis, with at least one cut-off dates each year.

 

]]> No publisher admin 2011-04-06T13:33:21Z Financing Investment loans for small and medium-sized commercial enterprises outside Germany. http://www.insme.it/financing-programmes/37 KfW Mittelstandsbank is a section of KfW which brings together all KfW's offers for business start-ups and small and medium-sized enterprises, thus promoting commercial investments over the entire life cycle of an enterprise.

Among the loans provided by the KfW Mittelstandbank, the Unternehmerkredit (Entrepreneur Loan) - Outside Germany  offers long-term low-interest loans for investments by small and medium-sized enterprises outside of Germany.The loan programme can be used universally in all countries and sectors (exception: agricultural production). Preparatory studies and costs can also be financed.

Financing share depends on the turnover of the enterprise (not exceeding EUR 500 million):
- 3/4 for enterprises with an annual turnover of up to EUR 50 million
- 2/3 for enterprises with an annual turnover of more than EUR 50 million

For investments implemented by joint ventures, the share of the investment costs attributable to the German partner is generally used as a basis for determining the amount of the Unternehmerkredit. Here, the partners stakes in the joint venture are decisive. The foreign partner has to finance his share through local banks.
If they want to invest in another EU country and the partner is domiciled in a EU country, the share of this partner may also be financed.

The financing maximum amount is usually EUR 5 million (This limit may be exceeded for companies whose annual turnover is up to EUR 50 million)

Loan term:
- Up to 10 years for machines, plants, office equipment etc.
- Up to 20 years for land acquisition, construction costs, acquisition of an enterprise or of shareholdings
If more than 2/3 of the total cost is incurred for items belonging to the second category, the entire investment may be financed with a term of 20 years. The investment costs may of course also be financed with different terms

]]> No publisher admin 2011-04-06T13:33:20Z Financing Infrastrusture Operating Fund http://www.insme.it/financing-programmes/23 The Infrastructure Operating Fund (IOF) is designed to contribute to the incremental operating and maintenance costs of infrastructure projects funded by the CFI – Canada Foundation for Innovation.

Eligible costs for the IOF are the operating and maintenance costs directly related to the admissible infrastructure projects (see section 4.6 of the Policy and Programme Guide) that are needed to ensure the infrastructure can be used to carry out the proposed research. The CFI assumes that any costs incurred directly as a result of acquiring the CFI-funded infrastructure are, by definition, incremental in nature.

The definition of eligible costs also applies to funding provided by eligible partners (Canadian and Foreign, see more at section 4.7 of the Policy and Programme Guide), only those contributions to the eligible costs of a project will be accepted as eligible partner contributions.

When submitting a CFI infrastructure proposal, institutions provide an outline of the anticipated operating and maintenance costs of the infrastructure, and an indication of the sources of funding for these costs for the first five years of operation. Institutions must demonstrate that they have adequate funds to ensure the infrastructure will be operational and sustainable for at least five years. The IOF helps institutions with a portion of these costs to maximize the efficient utilization of CFI-funded infrastructure (see Section 6.8 of the Policy and Program Guide).

]]> No publisher admin 2011-04-06T13:33:20Z Financing Capacity Building Facility http://www.insme.it/financing-programmes/9 The World Bank's SME Department established, in July 2002, the Capacity Building Facility (CBF).

The CBF funds projects that are designed to expand the capabilities of intermediaries that deliver sustainable products and services to SMEs. In its first two years, CBF has approved $13.5 million for 65 projects. The idea is to support a diverse range of projects -- from a trade facilitation platform for poor craftswomen in India to a network of SME investment funds that combine financing with business and technical assistance to small business owners around the world.

For information and application contact:
Luljeta Tola
ltola@ifc.org

]]> No publisher admin 2011-04-06T13:33:20Z Financing PI-TEC http://www.insme.it/financing-programmes/87 FONTAR), foudend by the National National Agency for the Promotion of Science and Technology of Argentina (ANPCYT), conceived among their permanent financial tools the IP-TEC project.
The IP-TEC line up financing allows a coordinated instruments for the promotion of the Argentinean Technology Fund-FONTAR as the Scientific and Technological Research Fund-FONCyT, to finance research, development and innovation, which involved groups of companies, research centers and training linked to a higher clusters (AP).
The IP-TEC funding supports the promotion of the following fields of action:
 
• Investment partnerships to create or expand technological services
• Cooperative R&D Projects 
• Cooperative projects of technical assistance
• Joint projects of absorption and diffusion of new
technologies, training and development design, etc.
• Promoting a culture of intellectual property
• Creation of technological "observatories"
]]> No publisher admin 2011-04-06T13:33:20Z Financing Art. 2 - Credits for Modernization Projects http://www.insme.it/financing-programmes/86 The Argentinean Technology Fund (FONTAR), foudend by the National National Agency for the Promotion of Science and Technology of Argentina (ANPCYT), conceived among their permanent financial tools the Art. 2 - Credits for Modernization Projects.

The programme finances technology development projects and any kind of project introducing improved products and processes with low technical risk.
 
The funding will be up to six hundred thousand pesos ($ 600,000) and it recognizes expenses from the adoption of IP.
All expenditures directly related to the project implementation are included in the budget.

]]> No publisher admin 2011-04-06T13:33:20Z Financing FONTAR- ARAI http://www.insme.it/financing-programmes/85 FONTAR), founded by the National National Agency for the Promotion of Science and Technology of Argentina (ANPCYT), conceived among their permanent financial tools the Repayable Contributions for Institutions (Spanish acronym ARAI) in order to strengthen capacities for development of technology services for the production of goods and services through the creation, expansion and improvements to the installation of facilities, equipment and training of human resources.

The funding for each project may not exceed the equivalent in pesos to two million dollars (US$ 2 million).

Refund claims are compulsory up to 80% of the total project cost.
The beneficiary must provide not less than 20% of the total project cost.]]> No publisher admin 2011-04-06T13:33:20Z Financing FONTAR - NRC Patents http://www.insme.it/financing-programmes/84 The National National Agency for the Promotion of Science and Technology of Argentina (ANPCYT) runs the Argentinean Technology Fund (FONTAR), that finances innovation projects, via public calls or via permanent financing initiatives.

In order to promote the protection of the results of research and innovative product developments in the different branches of scientific and technological activity and production, FONTAR has developed among its permanent financing initiatives the NRC Patents programme.

This program will cover up to 80% of eligible expenses, which may not exceed the amounts to the equivalent in :
 
   - US$ 5,000 (five thousand U.S. dollars) for preparation and filing of patent applications in Argentina.
 
   - US$ 75,000 (U.S. dollars seventy-five thousand) for the preparation and filing of patent applications in other countries, provided they are members of the IDB

]]> No publisher admin 2011-04-06T13:33:20Z Financing FONTAR - Argentinean Technology Fund http://www.insme.it/financing-programmes/71 The National National Agency for the Promotion of Science and Technology of Argentina (ANPCYT) runs the Argentinean Technology Fund (FONTAR), that finances innovation projects, via public calls or via permanent financing initiatives.

In particular FONTAR have developed some public calls which provide Non-Repayable Contributons with whom it is intended to finance technological innovation projects undertaken by SMEs through grants covering a percentage of the cost of the project. The recipient company must provide the remainder.

These Non-Repayable Contributions are classified in:

  • NRA 600-Technological Development (PDT)
  • NRA Projects Creating R & D Labs in Business
  • NRA Programs Councils Technology (PCT) 
  • NRA Cleaner Production

 

]]> No publisher admin 2011-04-06T13:33:20Z Financing Preparatory Action: Support for SMEs in the New Financial Environment http://www.insme.it/financing-programmes/83 The Preparatory Action is a European Commission programme aiming at facilitating SME access to financing in the ten new European Union Member States. The European Investment Fund (EIF) will manage a EUR 2 million facility on behalf of the European Investment Bank (EIB) Group.
The facility is particularly targeting micro-lending and will be used for grants to finance Technical Assistance (TA) to SMEs which must be coupled with an EIF guarantee or an EIB global loan.

For projects which have been approved for an EIF guarantee or EIB global loan to be combined with Technical Assistance, and where the consultancy fee will amount to over EUR 200,000, service contract forecasts and procurement notices will be published in the Official Journal of the European Union.

The average size of investments financed under Preparatory Action cannot exceed EUR 25,000.

]]> No publisher admin 2011-04-06T13:33:20Z Financing SME Guarantee Facility http://www.insme.it/financing-programmes/28 The SME Guarantee Facility provides counter or co-guarantees to guarantee schemes operating in eligible countries and direct guarantees to financial intermediaries.

The total indicative budgetary appropriations for the financial instruments under Competitiveness and Innovation Framework Programme (CIP) are EUR 1,1 billion and about half of this is foreseen for SME Guarantee Facility for the period 2007-2013.

SME Guarantee Facility comprises of four business lines, known as "windows":

1.     Loan Guarantees cover portfolios of SME mid- to long-term debt finance targeting SMEs and focuses on investment financing.

2.      Micro-Credit Guarantees cover portfolios of micro-credits to encourage financial institutions to provide financing to microenterprises, especially start-ups.

3.      Equity Guarantees cover portfolios of investments in SMEs in the seed and start-up phases; Quasi Equity Guarantees are available to cover portfolios of mezzanine financing. Equity and Quasi-Equity Guarantees aim to help SMEs improve their financial structure.

4.     Securitisation Guarantees to support securitisation transactions so that financial institutions may mobilise additional debt financing for SMEs.

]]> No publisher admin 2011-05-24T13:11:34Z Financing