Does the bank finance 100% of my project for Start-Up Nation?
No. The bank can finance a maximum of 50% of the value of the Non-Repayable Financial Aid, in the form of a bridge loan. The remaining 50% of the NRFA you will receive as an advance, directly in the project account.
Also, it is necessary that you ensure your own contribution for eligible expenses (where applicable) and cover any ineligible expenses from your own sources, also through the project account.
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