Förderung der Privatwirtschaft
Kapitalzugang für KMU

The direct beneficiaries of the INOSTART Programme will be up to 127 innovative Czech start-up enterprises in the in the Olomouc and Moravia-Silesia regions. Further beneficiaries will be the provider of the loans and advisory services, the private Ceska sporitelna Bank, and the guarantee provider Czech-Moravian Guarantee Development Bank.

Small and Medium Sized Enterprises (SMEs) constitute the backbone of the Czech economy. In fact, there are approximately 86 SMEs per 1'000 inhabitants which is by far the highest entrepreneurship rate among all EU Member States. They play an important role for innovation and employment creation, and hence for regional economic development and the globalization of the Czech economy. Companies with innovative business plans which are in existence less than three years face the biggest difficulties in obtaining funding. Moreover, there are considerable regional imbalances in terms of access to external finance for enterprises. The Olomouc and Moravia-Silesia regions, which have been selected as focus regions in the framework of the Swiss Contribution to the Czech Republic, both rank at the low end in this regard but offer a dormant entrepreneurial potential.

INOSTART will enable start-up SMEs which have an operating license since less than three years and are domiciled in the Olomouc and Moravia-Silesia regions to apply for an investment credit and related consultancy services in order to implement an innovative business plan.

• Provision of SME loans
• Provision of loan guarantees
• Provision of consulting Services
   
  

• Up to 127 loans will be granted to innovative Czech start-up enterprises
• More than 100 advisory services rendered to these SMEs
• Up to CHF 34 Mio. guarantees will be provided to the eligible entrepreneurs in Olomouc and Moravia Silesia
• A critical mass of promising SMEs will gain access to long-term finance which allows them to upgrade, grow and expand and to create numerous new workplaces in the most advanced and future oriented sectors of the Czech economy.