The operative truth
Terms
| Administering body | Regional and sectoral mutual guarantee consortia |
|---|---|
| Instrument type | Guarantees |
| Tier | Mutual Instruments |
| Ceiling | Typically €150,000–1,500,000 |
| Coverage | 30–70% of the loan, often counter-guaranteed by the national fund |
| Cost of money | Commission of 0.5–3% of the guaranteed amount |
| Term | Matches the underlying loan |
| Earliest reachable | Month 3 |
| Application to cash | 20–60 days |
Who qualifies
Member enterprises, generally within a sector or region. Membership requires a modest share subscription.
What it funds
Guarantee support for bank lending of almost any productive kind.
What disqualifies an applicant
What it stacks with
These instruments combine with this one. Grants generally cannot double-fund the same cost, but different components of the same project may each carry their own support, and tax credits stack more freely with grants than grants do with each other.
SME Guarantee Fund
Small and medium enterprises including sole traders and agricultural undertakings. New enterprises qualify; the guarantee exists precisely to…
Artisan Enterprise Finance
Enterprises enrolled in the artisan register.
National Microcredit
Enterprises under five years old, self-employed persons, and holders of a VAT number with fewer than five employees.…
Note on sources. This page is generated from the VentureItalica research registry. Figures and legal references reflect the corpus as verified at the last review and are indicative rather than advice. Instruments change; always confirm the current call text with the administering body before acting.
