Warranty scheme for Koroško

With our guarantee until the realization of your business idea. Are you in favor?

The Koroško guarantee scheme is a simple and effective way for small and medium-sized enterprises to more easily access financing for their investments. It provides companies with a guarantee for bank loans under more favorable conditions and a subsidized interest rate.

Guarantees are granted from the funds of the municipalities in which the company has its headquarters, registered business unit or where the investment is being made. In this way, the municipalities and the region directly encourage entrepreneurship in Koroškem and strengthen growth, development and new opportunities for the local economy.

What does the project offer you?

Favorable loan from EUR 5,000.00 to EUR 85,000.00.

The funds are intended for working capital, investments and pre-financing of projects.

Favorable financing conditions.

Guarantee in the amount of 50% to 80% of the approved loan.

Reducing investment risk.

Access to funds.

The primary objective of the guarantee scheme is to create favorable conditions for faster growth and development of entrepreneurship in municipalities that participate in GSK as investors.

The purpose of the project is to provide guarantees and subsidize the interest rate for corporate loans in the Koroške region - with a favorable interest rate and a fast and efficient application processing process.

The vision is to increase demand, accessibility and use of funds from GSK for small and medium-sized enterprises and, in the long term, accelerate the development of small businesses in the Carinthia region.

Who is the guarantee scheme intended for?

companies and sole proprietors that are SMEs
cooperatives
institutions
natural persons with a registered supplementary activity
societies
local action groups (LAS)
social enterprises

GSK onboarding process

Step 1: Public tender: RRA Koroška announces a public tender for the allocation of favorable bank loans to promote the development of entrepreneurship in the Carinthia region.
Step 1: Submitting the application: The applicant submits the application to RRA Koroška doo in person, by mail or by email.
Step: Application verification: RRA Koroška checks the administrative completeness of the application and assesses eligibility according to the Guarantee Scheme criteria Koroške (including the "de minimis" calculation).
Step 1: Application processing: The GSK Credit Committee reviews the application and issues a decision.
Step 1: Conclusion of a guarantee contract: A guarantee contract is concluded with the selected applicants.
Step 1: Using the loan: The beneficiary submits a request to use the loan with the selected bank based on the contract and guarantee scheme.

Project benefits:

For beneficiaries

access to favorable loans ranging from EUR 5,000 to EUR 85,000
50 - 80% guarantee for approved loans
The funds are intended for: working capital, investments and pre-financing of projects
reduced investment risk and easier access to financing
professional support RRA Koroška in the preparation and implementation of business plans

For municipalities

promoting the local economy and sustainable economic growth
improving the business environment and image of the region
enhanced cooperation of municipalities in supporting small businesses

For the region

support for regional development and increased economic activity
preservation and development of young and innovative companies
strengthening the innovation potential and competitiveness of the Koroške region

The following documents are available to you:

Inclusion process

Step 1: Public call for tenders:
RRA Koroška announces a public tender for the allocation of favorable bank loans to promote the development of entrepreneurship in the Carinthia region.

Step 2: Submitting the application:
The applicant submits the application to RRA Koroška doo in person, by mail or by email.

Step 3: Application Verification:
RRA Koroška checks the administrative completeness of the application and assesses eligibility according to the criteria of the Guarantee Scheme Koroške (including the "de minimis" calculation).

Step 4: Application processing:
The GSK Credit Committee reviews the application and issues a decision.

Step 5: Conclusion of the warranty contract:
A contract for issuing a guarantee is concluded with the selected applicants.

Step 6: Using the credit:
The beneficiary submits a request to use the loan at the selected bank based on the contract and guarantee scheme.