prêt d'honneur — Initiative 89
The catalogue entry indicates a personal loan of €1,000 to €23,000, with no interest or security, repayable over three to five years. It targets start-ups and takeovers in many sectors, with exclusions notably for financial intermediation and property. The entry also mentions support for companies in difficulty: the specific criteria for this track must be confirmed with Initiative 89.
Starting or taking over a business in the Yonne may require an additional personal contribution and support to secure the first years. Initiative 89 offers a support programme and can arrange a zero-interest prêt d’honneur (personal loan to the founder), generally combined with a bank loan. Conditions vary by project and must be checked with the local platform.
Funded by Bpifrance, Département 89 - Yonne, Financeurs privés, Région Bourgogne-Franche-Comté
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Who can apply
The entry targets founders and buyers in the Yonne, subject to the project’s viability and the local area covered. Financial intermediation services and property activities are listed as excluded. If the company is already in difficulty, have the existence and conditions of the relevant specific programme confirmed.
Eligibility conditions
Applications are generally reviewed once the business plan is finalised and bank financing is being sought. The association examines the overall need, the founder’s contribution, forecasts, repayment capacity and additional financing. Ask for the current conditions, supporting documents and the specific rules for a takeover or a company in difficulty.
What the scheme covers
The loan can support starting or taking over a business and strengthen the founder’s resources. Complementary programmes may concern particular sectors or profiles. Eligible costs and whether specific support exists for companies in difficulty must be confirmed by Initiative 89.
Amount and funding terms
Catalogue amounts: €1,000 to €23,000, with no interest or security, over 3 to 5 years. The loan is generally combined with a bank loan. The exact amount depends on the need, the project and the review of the application; ask Initiative 89 for an updated simulation.
How to apply
Contact Initiative 89 with the business plan, forecasts, proof of your contribution and your bank applications. For a takeover, prepare the target’s accounts and the sale price. Ask for confirmation of the applicable programme, the amount and the committee dates.
Timeline
The timetable and current availability must be confirmed with Initiative 89.
Key facts
- Funder
- Bpifrance, Département 89 - Yonne, Financeurs privés, Région Bourgogne-Franche-Comté
- Type of funding
- Honour loan
- Status
- Ongoing
- Maximum amount
- €23,000
- Automatically extracted — check the official source
- Minimum amount
- €1,000
- Automatically extracted — check the official source
- Geographic scope
- Bourgogne-Franche-Comté
Frequently asked questions
Who is this scheme for?
The entry targets founders and buyers in the Yonne, subject to the project’s viability and the local area covered. Financial intermediation services and property activities are listed as excluded. If the company is already in difficulty, have the existence and conditions of the relevant specific programme confirmed.
What amount or rate can be obtained?
Catalogue amounts: €1,000 to €23,000, with no interest or security, over 3 to 5 years. The loan is generally combined with a bank loan. The exact amount depends on the need, the project and the review of the application; ask Initiative 89 for an updated simulation.
Which conditions should I check?
Applications are generally reviewed once the business plan is finalised and bank financing is being sought. The association examines the overall need, the founder’s contribution, forecasts, repayment capacity and additional financing. Ask for the current conditions, supporting documents and the specific rules for a takeover or a company in difficulty.
Which costs or operations are covered?
The loan can support starting or taking over a business and strengthen the founder’s resources. Complementary programmes may concern particular sectors or profiles. Eligible costs and whether specific support exists for companies in difficulty must be confirmed by Initiative 89.
Official source
No official URL is available in our data for this grant.
Other grants of type “honour loan”
Prêt d’honneur Solidaire: completing the financing of a start-up or takeover
Bpifrance
Up to €8,000
PHAR Bretagne: funding the seed stage of an innovative business
Région Bretagne
Up to €90,000
Montfort Communauté growth loan: local conditions to obtain
Montfort Communauté
Up to €30,000
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
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