Micro fund
The Micro Fund provides microcredits to social enterprises and non-profit associations that have difficulty obtaining regular bank loans.
On average SEK 100,000
Varies — depends on the scope of the project and the grant provider's assessment.
No fixed deadline specified — applications are usually accepted continuously. Check current dates with the grant provider.
About the grant
The Micro Fund is an organisation that invests in social enterprises and non-profit associations that have difficulty obtaining regular bank loans. Micro Fund Sweden was started by Hela Sverige ska leva, Ekobanken, Jak Medlemsbank and Coompanion and functions as a national hub with regional independent micro funds in the form of economic associations. The capital mainly consists of non-profit private capital and regionally investors include members, cooperatives and smaller banks in the micro funds. The micro funds work with microcredits and on average borrowers receive SEK 100,000. There are regional micro funds in Halland, Småland, Uppsala County, West, Västernorrland, Jämtland (Z), Mälardalen, East and Östergötland. If there is no regional micro fund where you operate, you can contact Micro Fund Sweden.
Requirements
- Targeted at social enterprises and non-profit associations that have difficulty obtaining regular bank loans.
What types of project are suitable?
Source
Read more at Bygdegårdarnas RiksförbundFrequently asked questions about Micro fund
Quick answers to what people ask most about this grant.
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