SECO Start-up Fund - Administration 2017-24
The SECO Start-up Fund is a debt vehicle that provides loans to Swiss-based individuals or small enterprises for the purpose of launching a business in Swiss partner countries. The SECO Start-up Fund is fully owned by the Swiss Confederation and consitutes an instrument of the Swiss Economic Cooperation and Development programme.
Paese/Regione | Periodo | Budget |
---|---|---|
Europe Mondo |
01.01.2017
- 31.12.2024 |
CHF 4’845’000
|
-
Numero del progetto UR00022
Contesto |
In many developing countries and emerging markets access to finance is, among regulatory hurdles and a lack of economic opportunities, a binding constraint to set up a business. The SECO Start-up Fund provides reimbursable loans bearing interest to support the start-up phase of investment projects, thereby sharing risks with the entrepreneur. The SECO Start-up Fund provides debt financing only and seeks to leverage private capital. |
Obiettivi |
To support private sector investments with Swiss participation in Switzerland’s priority countries in order to promote economic growth and support sustainable job creation. |
Effetti a medio termine |
Investment volume by SSF and mobilized private sector investments Increased economic activity by the supported enterprises Support the application of technical standards Support the application of environmental, social and governance standards |
Risultati |
Risultati principali attesi: Number of loan applications examined. Number and volume of loans approved and loans disbursed. Number and volume of loans reimbursed. Risultati fasi precedenti: Since inception, SECO Start-up Fund has supported 104 investment projects with a total envelope of CHF 39 million and helped to mobilize an additional CHF 244 million. The share of diaspora investors is relatively high (roughly 30 percent). These investments contributed to create roughly 10’100 jobs, partially in modern areas. |
Direzione/Ufficio responsabile |
SECO |
Credito |
Cooperazione allo sviluppo |
Budget | Fase in corso Budget Svizzera CHF 4’845’000 Budget svizzero attualmente già speso CHF 0 Budget inclusi partner del progetto CHF 4’845’000 |
Fasi del progetto | Fase 7 01.01.2017 - 31.12.2024 (Fase in corso) |