Deadline for submission of applications received under the Micro Guarantee Scheme is the 31st December 2016.
Limited availability of funds many times prohibits small business from carrying out new investment projects and may consequently lead to the loss of business opportunities. The Micro Guarantee Scheme has the objective to accelerate growth by facilitating access to debt finance for smaller business undertakings. This Micro Guarantee Scheme shall provide eligible undertakings with a guarantee of up to 80% on loans of up to €100,000 which may be used to finance projects leading to business enhancement, growth and development.