Opportunity Capital Model Vorarlberg
Model for the long-term improvement of the financing structure of SMEs in Vorarlberg through state guarantee assumption for equity participations and loans. Guarantee amounts between €70,000 and €2,000,000, applications possible without time limit.
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Grant criteria
Funding objective
Long-term improvement of the financing structure of small and medium-sized enterprises in Vorarlberg through partial assumption of risks by private investors and provision of guarantees for equity participations and loans, in order to make innovative products and services marketable internationally.
Eligible to apply
- Companies
Funding requirements
- Registered office or place of business in Vorarlberg or intended location in Vorarlberg
- Innovative product or service offering with growth potential
- Internationally marketable
- Comprehensible business concept with expected returns
- Capital is contributed as a cash deposit with equity character
Documents required for application
- Detailed description of the project
- Business plan with an estimate of future financial and earnings development
- Loan agreement in case of assuming a loan guarantee
Description
The Vorarlberg Opportunity Capital Model specifically strengthens the financing structure of small and medium-sized enterprises in Vorarlberg through state guarantees for equity participations and loans. With a term of up to 120 months, the model secures up to 50% of the contributed capital. Guarantees can be granted in amounts ranging from €70,000 to €2,000,000, with a flat guarantee fee of 1% of the guaranteed outstanding capital, payable annually in advance. Risk-sharing with private investors aims to promote growth potential and enable the internationalization of innovative products or services. After five years, the liability is gradually reduced evenly over the remaining years and reduced to zero at the end of the contract.
Small and medium-sized enterprises with headquarters or planned operations in Vorarlberg that present an innovative, internationally marketable offering and submit a comprehensible concept with realistic profit expectations meet the formal requirements. The contributed capital must be provided as a cash contribution with equity character. To apply, a detailed project description, a business plan with financial and profit forecasts, and, in the case of loan guarantees, the corresponding loan agreement must be submitted. The funding opportunity is ongoing, and applications can be submitted at any time. Experts from the economic department and funding administration accompany the process in accordance with the guidelines of the Vorarlberg state government.
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