Kafalat Start-ups and Innovation Programme Overview
Please note that the Kafalat Start-ups and Innovation Programme is currently suspended.
Kafalat Start-ups and Innovation is the result of a partnership with the European Union and the Presidency of Council of Ministers to primarily serve the needs of innovative enterprises and start-ups in Lebanon. The fund will enable guaranteeing loans granted to highly innovative investments and conventional start-ups in 5 different sectors:
- Industry
- Agriculture
- Tourism,
- High Technologies
- Crafts.
EU support enabled the extension of Kafalat's resources to increase the maximum loan amount to LBP 650 million. The value of the Kafalat approved loan will depend on these financial needs as justified in the business plan/feasibility study.
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Name of the Programme |
Kafalat Start-ups and Innovation |
|
|
Investment Type |
To finance Fixed Assets and Working Capital Needs |
|
|
Maximum Loan Amount |
LBP 650 Million or c/v in USD or EUR |
|
|
Loan Duration |
Up to 7 Years |
|
|
Guarantee Ratio |
Innovation |
Start-ups |
|
|
90% |
85% |
|
Grace Period |
Between six months and one year |
|
