Financing Opportunities through the Fund of Funds
The Ministry appointed SID banka as the manager of the Fund of Funds, into which EUR 234.73 million from European cohesion funds will be allocated. These funds were made available to Slovenia under the 2014–2020 financial perspective and can be used until 2023 to finance development and entrepreneurship.
In addition to the European cohesion policy funds, financial intermediaries will be required to provide approximately EUR 112 million in additional funding to meet financial leverage requirements and ensure the reuse of repaid funds. As a result, more than EUR 346 million will be available to companies and other final recipients.
The purpose of the Fund of Funds is to promote and finance sustainable economic growth and development, investment in innovation, and ongoing business operations through debt and equity financing instruments in four key areas:
- Research, development and innovation
- Small and medium-sized enterprises (SMEs)
- Energy efficiency
- Urban development
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An Important Step from Non-Repayable to Repayable Funding
The establishment of the Fund of Funds marks an important step towards the transition from non-repayable grants to repayable financing through financial instruments.
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Greater Flexibility in Meeting Financing Needs
Financial instruments provide final recipients with greater flexibility in meeting their financing needs, including access to capital, lower interest rates, longer repayment periods, reduced collateral requirements (or no collateral requirements) and longer grace periods.
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Start When You're Ready
We offer grace periods ranging from 2 to 6 years, allowing you to establish financial stability before starting repayments.
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Greater Confidence and Reliability
All types of collateral are accepted, and financing without collateral is also available.
Success in Numbers
253
€ million
European Cohesion Policy funds
150
€ million
Financial intermediaries' funds
Available Funding
400
€ million
Funds for final recipients
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Primeri uspešnih zgodb
Preverite, kaj so podjetja dosegla s pomočjo našega financiranja.
Together, We create Success Stories
“At DrHladnik, we believe that our partnership with SID Bank is helping us build a better future for mental health in Slovenian society. Without the initial financial support provided through a microloan, we would not have been able to undertake an investment of this scale.”
Dr. Hladnik, director
“What mattered most to us when choosing a bank was the low interest rate, the absence of loan approval fees, and the grace period.”
Head of Finance and Accounting, Gradišče Nursing Home
“With SID Bank, we found a credible, reliable and efficient partner who helped turn our ambitious project into reality.”
Mayor of the City Municipality Koper
“Every success story and every ambition to grow and achieve more requires financial resources. We found the support we needed at SID Bank. Working with SID Bank is simple, fast and efficient.”SID banko je vse preprosto, hitro in učinkovito.
Matica MB, Director
“When your bank advisor explains all the features and benefits of financing through the Fund of Funds at just the right time, making the decision to invest in a much-needed project becomes that much easier.”
Ino Žiri, Director
“Those who fail to invest in development and quality should be prepared for failure.”
Beni Tehing, Director