The SECO Start-up Fund (SSF) is a development loan instrument established by the State Secretariat for Economic Affairs SECO. SSF offers loans for start-up business projects of Swiss entrepreneurs or enterprises in emerging economies (economies under development or in transition). The management of the SSF is delegated to FINANCEcontact in Zurich. Investments in emerging economies involve business risks beyond those generally encountered in Western countries. This is particularly true for young enterprises. With its loans SSF aims to share the financial burden and risks of such ventures with the investors. What does SSF offer? • loans for start-up business projects and for financing the first expansion phase of companies in emerging economies • to borrowers/investors with domicile in Switzerland • the benefitting projects must be commercially viable (SSF does not finance feasibility studies, pilots or prototype development) and meet recognized environmental and social standards • maximal amount of the loan: up to two thirds of the investment costs in the target country; maximally two times the amount contributed by the borrower/investor, maximally CHF 500'000 (all three criteria must be fulfilled) • for repayment within 7 years Any questions? Please get in touch with us!! SUSANNE GROSSMANN Mobile: +41 (0)79 109 88 85 E-Mail: grossmann@finance-contact.ch
View Top Employees from SECO Start-up FundWebsite | http://www.secostartupfund.ch |
Employees | 2 (0 on RocketReach) |
Founded | 2000 |
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Industry | Financial Services |
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