| Use |
To finance an innovative project or finance an invention
To ‘reinvent’ or ‘innovate’ an existing product |
| Designed For |
Innovators in various fields: science, technology, computer, laboratory….
|
| Loan Period |
Term loan repaid over 5 years maximum, through equal monthly installments
Includes a grace period varying between 6 to 12 months
|
| Interest Rate |
0% (subject to subsidy) |
| Conditions / Eligibility |
Institutions established not less than 2 years ago
Feasibility study and a complete business plan
Number of employees should not exceed 40
|
| Edge |
Empowers inventive individuals to reach new horizons and quickly accomplish goals with competitive funding rates
Offers the advice and assistance needed to move ahead with the funding
|
| Benefits |
Financing up to LBP 150 Millions
Competitive interest rate |