The Research and Innovation Authority (VAIA), in cooperation with Slovak Investment Holding, a.s. (SIH), has introduced a new pilot financial instrument to support research, development, and innovation. This unique form of funding is aimed at digitalization-focused projects and allows entrepreneurs to combine the advantages of a bank loan with grant support.
How does it work?
Businesses can finance their research and development activities through bank loans, with the possibility of having up to 30% of the principal forgiven after successful completion of the R&D project.
Conditions and availability
The specific conditions for obtaining the loan will be determined by individual banks.
Why is it worth your attention?
This innovative tool offers the benefit of combining loan financing with grant support. It’s an ideal solution for businesses striving to innovate and grow in the field of digitalization while seeking financially favorable options.
VAIA – Get Funding for Innovation and Digitalization
