Attica Bank signed an agreement with the Hellenic Development Bank (HDB) for its participation in the "Innovation Guarantee Fund" that will provide financial support to Greek small and medium-sized enterprises.
As mentioned in the relevant announcement, Attica Bank supports Greek entrepreneurship and actively participates in the support and development of the Greek economy. In this context, it extends its existing cooperation with the Hellenic Development Bank (HDB).
Μέσω του Ταμείου Εγγυοδοσίας Καινοτομίας, η Attica Bankχρηματοδοτεί με ιδιαίτερα ευνοϊκούς όρους τις καινοτόμες ελληνικές μικρές και μεσαίες επιχειρήσεις. Επιχειρήσεις με έντονο εξωστρεφή χαρακτήρα που προάγουν την έρευνα και επιθυμούν να δημιουργήσουν νέα πρωτοποριακά προϊόντα ή υπηρεσίες.
Το Πρόγραμμα δίνει τη δυνατότητα χρηματοδότησης επενδυτικών σχεδίων στις μικρομεσαίες επιχειρήσεις για έρευνα και καινοτομία, with a loan amount from 25,000 euros up to 400,000 euros. The warranty fee is zero. At the same time, there is the possibility of providing a grant of up to 20% of the capital loan based on the achievement of innovation and ESG criteria (Environmental, Social and Corporate Governance). The amount is guaranteed by 80%, with reduced financing costs. The duration of the loan can be extended up to 10 years with a 12 or 36-month grace period.
The Innovation Guarantee Fund operates as an independent financing unit within the Hellenic Development Bank. HDB shall act as administrator of the Fund. The Innovation Guarantee Fund provides a guarantee to credit institutions for granting loans on favourable terms. The aim is to enhance the competitiveness of innovative micro, small and medium-sized enterprises. Support for the implementation of their research and innovation investment projects.