In context
This call is open to small and medium-sized businesses and startups, at scale-up and mature and Series B and growth stage. Coverage is read from the notice itself: France and the European Union.
This is a guarantee product from Bpifrance that covers up to 80% of lending risk for banks financing SME projects aligned with ecological and energy transition goals. Eligible applicants include 'Business in Transition' and 'Solutions Provider' token holders seeking to fund qualified green investments, working capital, or business acquisitions.
About this grant
The Green Development Guarantee (Garantie Développement Vert) is a guarantee product offered by Bpifrance designed to facilitate financing for business development projects that meet the eligibility criteria of the Token Green pathway. The guarantee covers up to 80% of the risk for financing organizations (banks) that fund projects related to the ecological and energy transition of their SME clients. The program supports two main applicant pathways: enterprises obtaining a "Business in Transition" token can finance qualified eligible investments within that framework (with up to 20% allowance for other investments), while "Solutions Provider" token holders can finance tangible and intangible investments, working capital needs, and acquisition of all or part of a business. The guarantee is available in the form of a notified guarantee from March 20, 2024, and as a PME Guarantee Contract for signatory banks from September 20, 2024.
Get the official link (free account)
Create a free account to open the official notice and application link: 1 official link a month, free. Pro opens every link.
Eligibility
Eligible applicants are enterprises of all legal forms (companies, sole proprietorships, associations, foundations, liberal professions) registered in metropolitan France, the overseas regions (DROM), the overseas communities (COM), or New Caledonia, that comply with the European definition of an SME. Excluded are enterprises in difficulty as defined by current European regulations, enterprises unable to produce financial statements (balance sheet and income statement), and associations or foundations without economic activity. Eligible sectors include all industries except financial intermediation activities (NAF K 64), except holding company activities (NAF 64.2), purely patrimonial operations (cash-out, self-sale), and real estate promotion and rental activities (NAF Section L 68.1, L 68.2, and F 41.1), with an exception for real estate programmes held by an SCI intended to be leased to enterprises whose majority shareholders are also majority shareholders in the SCI. Applicants must have obtained either a "Business in Transition" token or a "Solutions Provider" token.
Key requirements
- ✓Must hold either 'Business in Transition' or 'Solutions Provider' token from the Token Green pathway
- ✓Projects must meet ecological and energy transition eligibility criteria
- ✓Financing must be arranged through a signatory bank (PME Guarantee Contract from Sept 20, 2024, or notified guarantee from March 20, 2024)
- ✓'Business in Transition' token holders: up to 80% of investment in qualified eligible projects, with up to 20% allowance for other investments
- ✓'Solutions Provider' token holders: can finance tangible/intangible investments, working capital, and business acquisitions
Frequently asked questions
- When is the Green Development Guarantee deadline?
- This is a rolling call with no fixed deadline, so applications are accepted on an ongoing basis.
- Who can apply for Green Development Guarantee?
- Eligibility covers organisations in FR, EU; sme, startup. See the eligibility criteria above for the full conditions.
Relevant sectors
How this compares
- Compared with 12 similar grants (efficiency in France) listed in the last 12 months.
- Similar grants that state a value range from $110k to $5.5m, with a median of $563k (5 grants).
- The same organisation listed 6 other similar grants here in the last 12 months.
Closest open grants
Figures are computed from notices listed on Raise Lens in the same sector and country over the last 12 months.
About this sector
Energy efficiency funding covers building retrofits, industrial process upgrades, heat recovery, efficient equipment and demand reduction. It arrives as grants for audits and capital works, as support schemes run by agencies and utilities or as public tenders for retrofit and energy services. Applicants usually need a baseline of current energy use and a measured saving.
Free accounts: 1 official link a month · Pro: every link
Quick facts
Get alerts for notices like this
Create a free account and we save a search for this sector and country, so new grants like this one arrive in your weekly email.
Get alerts, free →