FAIRE Investment Fund
Purpose of the scheme: make it easier for micro-businesses and SMEs in Réunion to access financing, in response to difficulties obtaining bank credit, a lack of equity and cash-flow pressures. Beneficiaries indicated in the catalogue: micro-businesses and SMEs in Réunion in all sectors, including those with international ambitions, and companies struggling to access bank credit. Financial parameters in the catalogue: support in the form of bank loans and co-investments, the amount depending on the project. Availability and current rules must be confirmed before applying.
The scheme “Fonds d’Investissement FAIRE” is listed as a Réunion scheme. The catalogue describes its purpose as follows: make it easier for micro-businesses and SMEs in Réunion to access financing, in response to difficulties obtaining bank credit, a lack of equity and cash-flow pressures. The financial parameters and conditions in the catalogue must be distinguished from the rules officially in force. Before relying on it, check eligibility, eligible costs, the timetable and the procedure with the funder or relevant operator.
Funded by Région Réunion, Union européenne
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Who can apply
Beneficiaries indicated in the catalogue: Micro-businesses and SMEs in Réunion in all sectors, including those with international ambitions, and companies struggling to access bank credit. Check the legal form, size, activity, area, financial situation and exclusions in the current official rules.
Eligibility conditions
Conditions available in the catalogue: private co-financing is mandatory. These are not enough to confirm eligibility. Check the official criteria, exclusions, combination rules and any requirement to apply before ordering, acquiring or starting works.
What the scheme covers
Operations or costs listed: investment projects to create or develop a business; modernisation of equipment and infrastructure; innovation and digital or ecological transition. Check eligible costs, supporting documents, minimum thresholds, caps and excluded costs before any commitment.
Amount and funding terms
Amount or form of support indicated in the catalogue: Support in the form of bank loans and co-investments, the amount depending on the project. This information comes from the catalogue and is not a promise of award. Check the cost base, rates and caps, eligible costs, combination rules and the applicable state aid scheme.
How to apply
1) Obtain the current official page and rules. 2) Confirm that the scheme is active and that the project’s area is covered. 3) Check the criteria, amount, cost base, exclusions, combination rules and documents. 4) Confirm when to apply and obtain prior agreement before committing costs. Confirm the exact FAIRE vehicle, the approved financial partners, current ticket sizes and criteria, the fund’s availability and co-financing arrangements; distinguish bank loans from equity investments.
Timeline
No usable end date is given; confirm the timetable with the funder, along with the deadline, whether the scheme is still accepting applications and the available budget. Confirm the exact FAIRE vehicle, the approved financial partners, current ticket sizes and criteria, the fund’s availability and co-financing arrangements.
Key facts
- Funder
- Région Réunion, Union européenne
- Type of funding
- Loan
- Status
- Ongoing
- Geographic scope
- La Réunion
Frequently asked questions
What is the “Fonds d’Investissement FAIRE” scheme for?
According to the catalogue, it makes it easier for micro-businesses and SMEs in Réunion to access financing, in response to difficulties obtaining bank credit, a lack of equity and cash-flow pressures.
Who can benefit and what are the main conditions?
Beneficiaries mentioned in the catalogue: micro-businesses and SMEs in Réunion in all sectors, including those with international ambitions, and companies struggling to access bank credit. Private co-financing is mandatory.
What amount or type of financing can be obtained?
Support in the form of bank loans and co-investments, the amount depending on the project. The Réunion Region presents FAIRE as a fund launched with the European Investment Fund; confirm the current terms with the approved financial partners.
Is the scheme still open and how do I apply?
No usable end date is given; confirm the timetable with the funder. Confirm the exact FAIRE vehicle, the approved financial partners, current ticket sizes and criteria, the fund’s availability and co-financing arrangements.
Official source
No official URL is available in our data for this grant.
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