What can I spend money on from Start-Up Nation? Are there any important ineligible expenses?
The money from Start‑Up Nation can only be used for eligible goods and services, as they are defined in the official procedure of the program (of ...
What obligations do I have after the Start-Up Nation project ends?
After you receive the Non-Refundable Financial Aid, the project enters a 3-year monitoring period, during which you must comply with a few ...
What happens if I want to change the initial expense plan in Start-Up Nation?
The approved expense plan cannot be modified (expense categories cannot be added or removed). However, it is allowed to change ...
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-Reimbursable Financial Aid, in the form of a bridge loan. The remaining 50% of the NRFA you will receive as ...
What guarantees are necessary for the Start-Up Nation loan?
For the bridge loan, the guarantees can be the goods purchased within the project, or a guarantee offered by FNGCIMM (National Guarantee Fund), ...
How long does the credit approval for Start-Up Nation take and how quickly do I receive the money in the account?
For the bridge loan, after you submit to the bank the complete documentation necessary for obtaining the loan, the bank can issue the approval decision and sign ...
How do I open the project account dedicated to Start-Up Nation?
The project account is opened at BT, and the procedure is very simple: If you already have a current account at BT, the bank will automatically open the project account for you ...