Who qualifies for FRG (Regional Guarantee Fund) - Occitanie - Social and Solidarity Economy Loan Track?

Question 1

Accepted Answer

Who qualifies: micro-enterprises, small enterprises, or medium-sized enterprises · at least 3 years in business · not in difficulty

Question 2

Created for more than 3 years

Accepted Answer

Eliminatory condition: if it is not met, the applicant is not eligible. Source in the document: „créées depuis plus de 3 ans” (p. 1)

Question 3

SMEs and microenterprises in the social and solidarity economy sector, complying with the European definition of SME

Accepted Answer

Eliminatory condition: if it is not met, the applicant is not eligible. Source in the document: „PME et TPE relevant de l’économie sociale et solidaire, respectant la définition européenne de la PME” (p. 1)

Question 4

Conducting their activity in Occitanie / Pyrénées-Méditerranée

Accepted Answer

Eliminatory condition: if it is not met, the applicant is not eligible. Source in the document: „exerçant leur activité en Occitanie / Pyrénées-Méditerranée” (p. 1)

Question 5

Enterprises in difficulty within the meaning of European regulations are excluded

Accepted Answer

Eliminatory condition: if it is not met, the applicant is not eligible. Source in the document: „les entreprises en difficultés au sens de la réglementation européenne sont exclues.” (p. 1)

Question 6

Financial intermediation, real estate promotion and rental activities

Accepted Answer

Eliminatory condition: if it is not met, the applicant is not eligible. Source in the document: „Les activités d’intermédiation financière, de promotion et de location immobilières” (p. 1)

Question 7

Agricultural enterprises with a turnover of less than 750 K€

Accepted Answer

Eliminatory condition: if it is not met, the applicant is not eligible. Source in the document: „les entreprises agricoles réalisant un chiffre d’affaires de moins de 750 K€” (p. 1)

Question 8

PESS must necessarily accompany external financing in a 1 to 1 ratio

Accepted Answer

Eliminatory condition: if it is not met, the applicant is not eligible. Source in the document: „Le PESS accompagne obligatoirement un financement extérieur dans un rapport de 1 pour 1 :” (p. 2)