EuroCreative Loan

Who can take out a EuroCreative loan

• Small and medium-sized private enterprises with a maximum of 250 employees and a turnover of up to CZK 1.3 billion (EUR 50 million) or total assets of up to CZK 1.1 billion (EUR 43 million)
• Small public enterprises (small and medium-sized enterprises owned by a municipality, regardless of its size)

EuroCreative loan parameters

• The maximum loan amount is approximately CZK 180 million (EUR 7.5 million)
• You can draw the loan in CZK or EUR
• You will have lower collateral requirements thanks to the automatic guarantee from the European Investment Fund, which costs you nothing
• The loan maturity is 1 to 10 years
• You will receive free advisory services from KB EU Point
• A bank advisor will handle the loan application, including the guarantee, for you

To be eligible for the EuroCreative program, you must meet at least one of the following criteria: 

• use the funding for a cultural or creative project,
• or be a company whose main activity falls within a selected classification of economic activities (NACE), such as: 
• 
  
  • libraries, 
  • archives, 
  • museums, 
  • monuments, 
  • publishers and sellers of books, newspapers, 
  • photographers, 
  • artistic creation – designers, performing arts, 
  • operation of cultural facilities, 
  • production and distribution of films and TV programs or film screenings, 
  • publishing of computer games, 
  • sound recording and music publishing, 
  • radio and TV broadcasting.

Or that the business in the previous 2 years:

• was active in the cultural or creative sector (predominant activity),
• received support for cultural/creative activities or tax relief in this area,
• received a defined cultural/creative award,
• registered a trademark, distribution rights in the cultural/creative sector.