prêt d'honneur — Initiative Baie du Mont-Saint-Michel
The Initiative Baie du Mont-Saint-Michel prêt d’honneur is zero-interest financing generally granted to the person leading the project, not a grant paid to the company. It is used to strengthen the founder’s contribution, make the financing plan more credible and ease discussions with banks. The founder is supported in preparing the application and then presents the project to the approval committee, which decides whether to grant the loan and how much. The scheme is intended for starting, taking over, developing or growing a company in the area covered, subject to the sector exclusions and capital ownership conditions set out in the catalogue.
Are you preparing to start or take over a business? The Initiative Baie du Mont-Saint-Michel prêt d’honneur can strengthen the founder’s own contribution and make it easier to put bank financing together. The application is prepared with the local platform, which assesses the project’s viability and financing needs.
Funded by Bpifrance, CA Mont-Saint-Michel - Normandie, Financeurs privés, Région Normandie
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Who can apply
The target audience is business founders and buyers within the area covered by Initiative Baie du Mont-Saint-Michel. Depending on the local scheme, some development projects may also be considered. The catalogue lists the following exclusions where specified: financial intermediation activities (wealth management advice, investment, etc.).
Eligibility conditions
To prepare the application, build a complete financing plan: investments, working capital needs, personal contribution, other aid and the planned bank loan. The catalogue mentions the applicant’s concrete personal involvement and rules on capital ownership or management for companies. The exact thresholds must be checked in the current rules before applying. The exact criteria and exclusions are those of the current local rules, not a uniform rule across the whole network.
What the scheme covers
The financing can help consolidate the financing plan of a start-up, takeover or development project. Present the planned costs, start-up cash needs, expected revenue and the amount of bank financing sought. The prêt d’honneur should not be treated as a grant: it is repayable and its use must match the project reviewed by Initiative Baie du Mont-Saint-Michel.
Amount and funding terms
For start-up, takeover or development projects, the catalogue indicates a loan of €1,000 to €15,000. It mentions a combined cap of €30,000 when several beneficiaries lead the same project. The terms applicable to growth projects must be confirmed with the platform.
How to apply
1. Contact Initiative Baie du Mont-Saint-Michel before finalising your financing plan. 2. Prepare a business plan, a cash-flow forecast, a financing plan, details of investments and your contribution. 3. Ask for the local criteria, excluded sectors, bank loan requirement and supporting documents. 4. Submit the application following the platform’s procedure and, if it is admissible, prepare for the approval committee. 5. Before committing to anything, get written confirmation of the amount, repayment schedule and disbursement conditions.
Timeline
The application timetable and review times depend on the Initiative Baie du Mont-Saint-Michel platform and the date of the approval committee meeting. No opening date or fixed timeline is confirmed in the catalogue entry: contact the platform before scheduling a signature, a purchase or the start of spending.
Key facts
- Funder
- Bpifrance, CA Mont-Saint-Michel - Normandie, Financeurs privés, Région Normandie
- Type of funding
- Honour loan
- Status
- Ongoing
- Maximum amount
- €30,000
- Automatically extracted — check the official source
- Minimum amount
- €1,000
- Automatically extracted — check the official source
- Geographic scope
- Not specified
Frequently asked questions
Is the Initiative Baie du Mont-Saint-Michel prêt d’honneur a grant?
No. It is a repayable loan, generally granted to the person leading the project. It strengthens the founder’s contribution and can make bank financing easier to obtain.
How do I find out how much my project could receive?
Present your equity needs, your contribution and your financing plan to Initiative Baie du Mont-Saint-Michel. The range listed in the catalogue is indicative; the final amount depends on the review of the application and the platform’s rules.
What should I prepare before the first meeting?
A project summary, the business plan or its current state, a financing plan, a cash-flow forecast, details of investments, your contribution and the bank financing you are considering.
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
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Capital and investment funds
Support and acceleration
Diagnostics and audits
Takeover and transfer
Discover the funding that fits your company
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