Financing the creation or development of a business in New Caledonia through an equity stake with the “Equity investment - Promo-Sud” scheme
“Equity investment - Promo-Sud” is an aid listed by the Province Sud (New Caledonia): Promo-Sud provides financial support for projects to create or develop businesses that create added value and are located in the Province Sud, and also provides its partners with advice and monitoring. The access criteria, expenditure base and timetable should be checked in the official documentation before including it in the financing plan.
The Province Sud (New Caledonia) lists the “Equity investment - Promo-Sud” scheme for the creation or development of a business in New Caledonia through an equity stake. The source page notably states: Promo-Sud provides financial support for projects to create or develop businesses that create added value and are located in the Province Sud. It also provides its partners with advice and monitoring of their activities. No equity investment cap is indicated in the catalogue. The amount depends on the investment analysis and Promo-Sud’s decision; it is not a flat-rate grant. To decide whether this aid can really contribute to your project, compare the planned expenditure with the rules in force and confirm the business’s eligibility before any commitment.
Funded by Nouvelle-Calédonie - Province Sud
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Who can apply
Promo-Sud invests in projects to create or develop businesses that create added value in the Province Sud. Eligibility depends on the project, its viability, the local economic benefits and the organisation’s investment strategy. An equity stake means an investor joins the shareholding.
Eligibility conditions
The equity stake should be assessed as an equity operation: business valuation, governance rights, shareholders’ agreement, investment horizon and exit terms. The application must show viability and value creation. The exact conditions cannot be deduced from a grant cap and must be negotiated with Promo-Sud.
What the scheme covers
For this project, document the following operations precisely: equity investment, strengthening of equity or development financing through Promo-Sud, according to the organisation’s investment criteria. For each item, attach a separate quote or a breakdown of costs, the necessary technical characteristics and an explanation of the link with the aim of the aid. Expenditure already committed, recurring subscriptions or items not explicitly provided for should be validated before being included.
Amount and funding terms
No equity investment cap is indicated in the catalogue. The amount depends on the investment analysis and Promo-Sud’s decision; it is not a flat-rate grant. A reference cap is neither a flat-rate amount nor a promise of award. The amount depends on the costs accepted, the funding rate and the funder’s decision. Check the calculation and the payment conditions before including any income in the budget.
How to apply
Contact Promo-Sud to present the project and learn about its investment process. Prepare the business plan, the accounts, the forecast, the equity requirement and the intended valuation. Anticipate discussions on governance, dilution, investor rights and exit scenarios.
Timeline
The timetable and actual opening of the “Equity investment - Promo-Sud” scheme should be confirmed with the funder identified (Province Sud, New Caledonia). Check the deadline, the funds available and the prior application rule before committing expenditure.
Key facts
- Funder
- Nouvelle-Calédonie - Province Sud
- Type of funding
- Equity investment
- Status
- Ongoing
- Geographic scope
- Not specified
Frequently asked questions
What is the amount of the aid?
No equity investment cap is indicated in the catalogue. The amount depends on the investment analysis and Promo-Sud’s decision; it is not a flat-rate grant. The amount actually awarded depends on the applicable rules and the review of the application.
Who can benefit?
The scheme is listed by the Province Sud (New Caledonia). The precise criteria on activity, location and status should be checked with the funder.
Which expenditure should be submitted?
Prepare a detailed financing need for the equity investment, strengthening of equity or development financing through Promo-Sud, according to the organisation’s investment criteria. Have the use of funds confirmed before committing.
Do I need to apply before starting?
Check the applicable rule before any order or signature. Discuss the timetable of the investment process with Promo-Sud before committing.
Does Promo-Sud award a grant?
No. This page describes an equity stake: it is an investment in the business’s capital, not a grant. The terms, valuation, governance and exit strategy should be discussed directly with Promo-Sud.
Official source
No official URL is available in our data for this grant.
Other grants of type “equity investment”
Direct fund "Breizh Invest PME"
Bpifrance, Financeurs privés, Région Bretagne
Up to €500,000
Direct fund "Scientipôle Ile-de-France Capital"
Bpifrance, Financeurs privés, Région Ile-de-France
Up to €1,000,000
Croissance & Proximité 2: minority equity investment in SMEs
Financeurs privés, Région Normandie
Up to €800,000
Other grants from Nouvelle-Calédonie - Province Sud
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