EuroCreative Loan

About the EuroCreative Loan

Funding, under special terms, for companies engaged in the cultural and creative sector

This loan is intended for:

• Small and medium-sized enterprises with no more than 250 employees and turnover of up to CZK 1.3 bn. (EUR 50 million) or total assets of up to CZK 1.1 bn. (EUR 43 million)
• Small public enterprises (small and medium-sized enterprises owned by municipalities, irrespectively of such municipalities’ size)

At least one of the following criteria must be met to qualify under the EuroCreative program:

• Utilization of funding for cultural or creative projects
• Predominant line of business within specific NACE codes (libraries, archives, museums, sights, book/newspaper publishers and retailers, photographers, works of art, designers, scenic arts, operation of cultural facilities, production and distribution of films and TV contents, movie projection, publication of computer games, making of audio recordings, music publishing operations, radio and TV broadcasting)
• During the past 2 years (at least one of the criteria must be met):
  
  
• Entity has been engaged in cultural or creative sector (predominant line of business)
• Entity received support for cultural/creative activities or tax exemptions in this area
• Entity received a defined cultural/creative award
• Entity registered a trademark or distribution right within the cultural/creative sector

Maximum loan amount of CZK 52 million (EUR 2 million)

Lower requirements for loan security with automatic guarantee by the European Investment Fund, provided free of charge

Loan provided in CZK or EUR, with loan term between 1 and 10 years

• Benefit from consulting services KB EU Point
• We will review eligibility of your project under the EuroCreative based on your individual need

This funding is provided under the Cultural and Creative Sectors Guarantee Facility of the European Fund for Strategic Investments (EFSI), established as part of the Investment Plan for Europe. The objective of the EFSI is to facilitate financing and implementation of productive investments throughout the European Union, while ensuring better access to funding.