This video case study explains how the ERDF-powered Biznesmax with a simple first-loss portfolio guarantee is supporting the development of innovative entrepreneurs as well as green projects in small and medium-sized enterprises (SMEs) in Poland. The instrument is combined with an interest rate subsidy. It was able to quickly adapt to changing circumstances by using the new regulatory flexibilities of the Coronavirus Response Investment Initiative (CRII) and Coronavirus Response Investment Initiative Plus (CRII Plus).

Thanks to a loan granted by BNP Paribas Bank Polska S.A of around EUR 1.7 million under the ERDF co-financed Biznesmax guarantee, Huras Konstrukcja i Budowa Maszyn sp. z o.o. (‘Huras’), a globally active family-owned company manufacturing machinery and specialised equipment in Nowa Wieś Legnicka, Poland, was able to develop and grow – even during challenging times.

The ERDF-powered Biznesmax with a simple first-loss portfolio guarantee is supporting the development of innovative entrepreneurs as well as green projects in small and medium-sized enterprises (SMEs) in Poland. The instrument is combined with an interest rate subsidy. It was able to quickly adapt to changing circumstances by using the new regulatory flexibilities of the Coronavirus Response Investment Initiative (CRII) and Coronavirus Response Investment Initiative Plus (CRII Plus).

Armat is a family-run business located in Wilczkowice Górne, Masovian Voivodeship, Poland. The company is a producer and wholesale supplier of synthetic construction materials, including a range of foils used in construction and agriculture. The company recycles specific types of plastic waste into granules which are then re-used. Thanks to the ERDF Biznesmax guarantee, Armat could expand and renovate its existing office building and install a photovoltaic system to partly cover the company’s energy use.

The ERDF-powered Biznesmax with a simple first-loss portfolio guarantee is supporting the development of innovative entrepreneurs as well as green projects in small and medium-sized enterprises (SMEs) in Poland. The instrument is combined with an interest rate subsidy. It was able to quickly adapt to changing circumstances by using the new regulatory flexibilities of the Coronavirus Response Investment Initiative (CRII) and Coronavirus Response Investment Initiative Plus (CRII Plus).

Interjarek Sp. z o. o. is a family-owned company in the Greater Poland Voivodeship, producing a wide range of spices, seasoning mixtures and hampers. Thanks to the ERDF Biznesmax guarantee the company undertook an investment to install a photovoltaic system of more than 1 300 solar panels, covering nearly all of their energy needs.

The ERDF-powered Biznesmax with a simple first-loss portfolio guarantee is supporting the development of innovative entrepreneurs as well as green projects in small and medium-sized enterprises (SMEs) in Poland. The instrument is combined with an interest rate subsidy. It was able to quickly adapt to changing circumstances by using the new regulatory flexibilities of the Coronavirus Response Investment Initiative (CRII) and Coronavirus Response Investment Initiative Plus (CRII Plus).

Interviews with Mateusz Olszak, Director of Guarantees and Sureties and Piotr Natkański, Director of the Sales and Development Office, at Bank Gospodarstwa Krajowego.

The ERDF-powered Biznesmax with a simple first-loss portfolio guarantee is supporting the development of innovative entrepreneurs as well as green projects in small and medium-sized enterprises (SMEs) in Poland. The instrument is combined with an interest rate subsidy. It was able to quickly adapt to changing circumstances by using the new regulatory flexibilities of the Coronavirus Response Investment Initiative (CRII) and Coronavirus Response Investment Initiative Plus (CRII Plus).

Interview with Iwona Śnietura-Sobczak, Director, Wieluń Branch, ESBANK Bank Spółdzielczy, Poland.

The ERDF-powered Biznesmax with a simple first-loss portfolio guarantee is supporting the development of innovative entrepreneurs as well as green projects in small and medium-sized enterprises (SMEs) in Poland. The instrument is combined with an interest rate subsidy. It was able to quickly adapt to changing circumstances by using the new regulatory flexibilities of the Coronavirus Response Investment Initiative (CRII) and Coronavirus Response Investment Initiative Plus (CRII Plus).