Areas of Financing
SMALL AND MEDIUM-SIZED ENTERPRISES (SME)
In the area of small and medium-sized enterprises (SMEs), affordable micro loans will be available to SMEs, micro enterprises and sole traders via financial intermediaries of the Fund of Funds for the purpose of financing working capital and investments in fixed assets, as well as portfolio guarantees, and equity and quasi-equity financing.
RESEARCH, DEVELOPMENT AND INNOVATION (RDI)
In the area of research, development and innovation (RDI), affordable loans will be available to SMEs, start-up companies and large enterprises for the purpose of financing investments, as well as portfolio guarantees.
ENERGY EFFICIENCY (EE)
In the area of energy efficiency, affordable loans will be available to the public sector and energy service companies (ESCO) for the complete energy renovation of public buildings.
URBAN DEVELOPMENT (UD)
In the area of urban development in cities, affordable loans will be available to the public sector, private-sector companies that manage public areas and buildings, etc. and to public-private partnerships for urban development projects.
On 24 November 2017, the Ministry of Economic Development and Technology and SID Bank signed a financing agreement, under which the Fund of Funds was created.