Reinforcing Med Microfinance Network System for Start-ups

Crowdbase LTD

  1. What are the existing microfinance measures in the country today? (indicate the number of measures)
TYPE OF MEASURE  MEASURE (indicate the names of the measures)
LOCAL (provincial, regional, municipal or equivalent territorial reality) 

B)    For each MEASURE ( to repeat for each measure)

Name/Title: Frixos Larkos
Name of responsible organization: Crowdfunding for early stage ventures and real estate projects  
Starting year2020End yearongoing
short description   Crowdfunding for early stage ventures and real estate projects                  
  1. What kind of activity does this measure finance?
Creation of new businesses  Yes
Strengthening of existing businesses  Yes
Specific investments – specify type (i.e. innovation, research, environmental transition, hiring, internationalization, purchase of goods)  Yes
Training activities  Yes
Other (specify) 
  • What type of financing is it?
Low-interest loan (indicate the repayment time and, if present, the requirement for collateral)No  
Non-repayable grant (indicate the percentage of non-repayable fund)Yes/No If Yes, percentage of non-repayable fund:
Tax creditYes/No
Other (specify)Yes/No
  • How does the activation of the measure work?
One-stop means 
Call with closing date 
  • Financial entity of the measure (indicate the resources allocated)
Overall amount100K 1 CASE
% facilitation for each recipient 
Minimum amount that can be financed 
Maximum amount that can be financed100K  
Origin of financial resources (European, State, Regional authority, Municipal authority, other)European
  • Type of funded social structure (indicate if belonging to a specific category is required in order to access the measure) N/A
 FemaleOver 50Unemployed (specify any type)Disadvantaged groups (specify type)Youth (specify age range)Other (specify)
  • Does the measure provide for accompaniment and training or only financial support?
Financial support + accompaniment/trainingYES
Only Financial support 
  • Is the measure considered a good practice and as such replicable in other national and / or international contexts?

C) How many initiatives have been financed in the last 3 years and for what economic amount?

Number of initiatives 1Total economic amount 100k
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