ELIGIBILITY CRITERIA

QUALIFIED MSMEs

Parameters for MSMEs that qualify for guarantee financing include, but are not limited to the following:

  • Privately owned MSMEs, with no Government ownership during the coverage period loan from the guarantee
  • SMEs that have business registration
  • NMVM – have at least 250 employees

 

WHICH LOANS CAN BENEFIT FROM GROW WINDOW?

Qualified Loans fulfilling the following criteria will be eligible for GROW Window benefits:

  • The maximum loan amount is EUR 3,000,000
  • The maximum credit exposure is EUR 7,000,000
  • The maximum credit guarantee exposure  EUR 1,000,000
  • The maximum maturity is 120 months.
  • The loan is intended for energy efficiency investments which includes: building envelope, equipment, production lines, and other energy-efficient measures.   Additionally, support is extended to small-scale renewable energy projects, including wind, solar, biomass, or geothermal, up to 400 kW.