Investment Fund: Growth and Local Economy 2
The Normandy Region indicates turnover below €3 million and a head office or main activity located in Normandy or Île-de-France. The equity investments mentioned range from €50,000 to €800,000, for a support period generally of five to seven years. The decision rests on the fund’s investment analysis.
Croissance & Proximité 2 is an investment fund, not a grant. It can take a minority stake in businesses to support a creation, development or transfer/takeover project. The investment involves an equity operation and a multi-year investment horizon.
Funded by Financeurs privés, Région Normandie
Run a personalised scan to identify the public grants and funding your company may be able to access.
Who can apply
Businesses with turnover below €3 million whose head office or main activity is located in Normandy or Île-de-France, according to the regional fiche. The fund supports creation, development or transfer/takeover projects.
Eligibility conditions
The investment is a minority one and depends on the fund’s analysis of the project. The official page consulted is dated July 2024; current availability, investment capacity and the detailed criteria must be confirmed before treating the scheme as open.
What the scheme covers
The fund can strengthen equity to support a creation, a growth phase or a transfer. The business must prepare a presentation file, its financial data, the financing plan and its development objectives so the fund can analyse it.
Amount and funding terms
Minority equity investment of €50,000 to €800,000 according to the Normandy Region fiche updated on 15 July 2024. This is an equity investment, with potential dilution, not a non-repayable grant. Confirm that the fund is still investing and the current criteria before applying.
How to apply
Contact the regional directorate shown on the official page or the fund manager, then ask for confirmation that it is open to new applications and how the investment process works. Prepare a financial and strategic file before the discussion.
Timeline
The regional page is dated 15 July 2024 and gives no closing date. Availability in 2026 must be confirmed with the regional contact; do not count on an open application without this check.
Key facts
- Funder
- Financeurs privés, Région Normandie
- Type of funding
- Equity investment
- Status
- Ongoing
- Maximum amount
- €800,000
- Automatically extracted — check the official source
- Minimum amount
- €50,000
- Automatically extracted — check the official source
- Geographic scope
- Normandie
Frequently asked questions
Is it a grant?
No. It is a minority equity investment in the business.
What investment amount is announced?
The regional fiche mentions €50,000 to €800,000, to be confirmed with the fund.
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
Breizh Up – Brittany regional co-investment fund
Région Bretagne, Union Européenne-FEDER
Up to €400,000
Related needs and funding
Competitive calls for projects
Ecological transition and CSR
Capital and investment funds
Support and acceleration
Diagnostics and audits
Takeover and transfer
Discover the funding that fits your company
Check your eligibility for public grants
This scheme is only one of the grants your company may be able to access. Run a personalised scan to identify the funding opportunities that match your activity, location and project.
See the opportunities identified by the scan, then access your personalised report.