The SME Green Recovery Loan Programme: Investments and activities for international growth
Learn how your SME can get funding from NEFCO to finance investments and business activities that support international growth following the economic consequences of the COVID-19 pandemic
In the midst of COVID-19, opportunities arise for Danish companies from different sides – for example in terms of financing and investment options. NEFCO is one of the institutional players who offers interesting opportunities, which can be an excellent tool for Danish companies to take use of.
Recently, NEFCO has made the fast-track green recovery financing for Nordic small and medium-sized companies (SMEs). The SME Green Recovery Loan Programme can be used to finance investments and business activities that support international growth following the economic consequences of the COVID-19 pandemic. The aim of the program is to help your green business grow as planned on global markets despite the crisis.
NEFCO SME Green Recovery Loan terms and conditions
- Possible loan amount ranging from EUR 100,000 to EUR 500,000
- Loan maturity is max. 5 years
- Repayment in equal semi-annual instalments
- Interest rate on market terms, indicatively 8-12%
- Loans offered do not require security from the borrower
- Establishment fee of EUR 1,500 payable after the signing of the Loan Agreement
Relevant business sectors
Typical projects may be related to the following sectors:
- waste handling
- water technology
- energy efficiency
- renewable energy
- building technology
- food industry
Read more about the SME Green Recovery Loan Programme here.
- Introduction by Jeppe Falck, Head of DI Business Development, Confederation of Danish Industry
- Presentation of the Green Recovery Financing by Søren Rasmussen, Investment Manager, NEFCO
- Q&A: You can ask questions of particular relevance for your company and business area
Søren Rasmussen is Investment Manager at NEFCO, where he is working with financing for internationalization of Nordic SMEs and their green solutions in countries outside the Nordics. Previously, Søren has experience with business development and internationalization of Finnish startups in the City of Helsinki.
Investment Manager, NEFCO
Jeppe is Head of our Business Services & Partnerships, which is the extended Business Development department for the 18.000 members of the Confederation of Danish Industry; with permanent representation in Denmark, USA, Mexico, Brazil, Germany, Russia, Kenya, India, China, and Australia. Our services range from strategy development to market establishment.
Head of DI Business Development, DI
What is NEFCO?
The Nordic Environment Finance Corporation (NEFCO) is an international financial institution (IFI) established in 1990 through an intergovernmental treaty between sovereign states, the Nordic countries Denmark, Finland, Iceland, Norway and Sweden. NEFCO’s objective is to generate positive environmental impact of interest to the Nordic countries by facilitating investments related to green growth and climate mitigation and adaptation globally, with particular focus on Eastern Europe, the Baltic Sea, and the Arctic and Barents regions.
NEFCO finances and implements small and medium-sized environmental projects through loans, grants, buyer credits and equity-type instruments. The financing options are both for the private and the public sector. NEFCO’s operations include projects to improve energy efficiency, clean energy production, and wastewater treatment.
Read more about NEFCO here.