Prêt d’honneur Initiative Cœur d’Hérault
The Initiative Cœur d’Hérault honour loan is repayable personal financing, generally interest-free and with no personal guarantee. It is not a grant paid to the company: it aims to strengthen the owner’s contribution and the project’s equity. The local platform helps prepare the business plan and financing plan, after which the application can be presented to the approval committee. The scheme covers business start-ups, takeovers and, subject to conditions, certain development projects within the area covered. The amount and criteria depend on the local pathway.
Are you preparing a business start-up or takeover in the Initiative Cœur d’Hérault area? The honour loan (prêt d’honneur) can strengthen your personal contribution and support negotiations for bank financing. To prepare the application, cost the investments, cash needs and resources already secured.
Funded by Département 34 - Hérault, Financeurs privés
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Who can apply
The catalogue targets project owners at the start-up, takeover or development stage. The platform must specify the criteria on company age, the needs financed and the conditions applicable to development projects.
Eligibility conditions
The honour loan is generally granted to the person leading the project, interest-free and with no personal guarantee under the network’s usual framework. It strengthens the personal contribution and equity but remains repayable. The platform reviews the business plan, equity needs, financing plan and economic viability. Local conditions take precedence over the network’s general guidance.
What the scheme covers
The honour loan contributes to the project’s overall financing plan, according to the costs and needs accepted by the platform. Prepare details of investments, launch costs, stock or working capital requirements, and the planned bank financing. Do not treat any cost as eligible without the funder’s confirmation.
Amount and funding terms
Terms listed in the catalogue, to be confirmed with the local platform: an interest-free, unsecured honour loan granted personally. It generally ranges from €4,000 to €25,000, repayable over 3 to 5 years. The honour loan is always combined with a bank loan: in 2024, for every €1 of Initiative honour loan, an entrepreneur was able to obtain on average €18.50 of bank loans.
How to apply
1. Contact Initiative Cœur d’Hérault before incurring costs or finalising the takeover. 2. Prepare a business plan, financing plan, cash-flow forecast and details of investments. 3. Present your contribution, the financing already obtained and the bank loan sought. 4. Ask for the list of supporting documents, local criteria, exclusions and the next committee dates. 5. Before accepting, have the amount, any deferral, instalments and disbursement conditions confirmed in writing.
Timeline
No opening date or uniform review time is given in the catalogue for Initiative Cœur d’Hérault. The timetable depends on the platform and its approval committee. Make contact early to avoid incurring costs before checking the applicable rules.
Key facts
- Funder
- Département 34 - Hérault, Financeurs privés
- Type of funding
- Repayable advance
- Status
- Ongoing
- Maximum amount
- €25,000
- Automatically extracted — check the official source
- Minimum amount
- €4,000
- Automatically extracted — check the official source
- Geographic scope
- Occitanie
Frequently asked questions
Is the Initiative Cœur d’Hérault honour loan a grant?
No. It is a repayable loan granted to the person leading the project, generally interest-free and with no personal guarantee.
How can I find out the possible amount?
Present your project, personal contribution and financing plan to the local platform. The catalogue amounts are indicative and must be confirmed for the pathway concerned.
Is an additional bank loan required?
It depends on the local rules and the programme requested. Ask for explicit confirmation before finalising the financing plan.
Official source
No official URL is available in our data for this grant.
Other grants of type “repayable advance”
ADIE Capital Contribution Loan: a zero-rate advance to strengthen the founder’s contribution
ADIE
Up to €3,000
Development aid for industrial SMEs and services to industry
Métropole Européenne de Lille - MEL
Financing a large company’s development strategy in the Métropole Européenne de Lille with the “Development aid for large companies” scheme
Métropole Européenne de Lille - MEL
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
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