prêt d'honneur Initiative Pays de Morlaix
The Initiative Pays de Morlaix honour loan generally combines support for the project with the possibility of an honour loan. The catalogue indicates: an interest-free, unsecured honour loan granted personally. It generally ranges from €5,000 to €30,000, repayable over 3 to 5 years. The honour loan is always combined with a bank loan: for every €1 of Initiative honour loan, an Initiative entrepreneur obtains on average €9.50 of bank loans. The support provided before the honour loan is granted helps the entrepreneur assess their total financing needs. These elements help you prepare your application, but confirm neither that the scheme is currently open nor that the financing will be granted. Check the local conditions before finalising your plan.
The Initiative Pays de Morlaix honour loan (prêt d’honneur) can complement the financing plan of a business project, subject to local criteria. It is a repayable personal loan, generally interest-free and with no personal guarantee under the usual Initiative France network framework. The amount and conditions are decided after the platform has reviewed the application.
Funded by CC du Pays de Landivisiau, Département 29 - Finistère, Financeurs privés, Haut Léon Communauté, Ministère de l’Economie, des Finances et de la Souveraineté Industrielle, Energétique et Numérique, Morlaix Communauté
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Who can apply
Beneficiaries mentioned in the catalogue: founders and buyers of businesses in all sectors, whatever their age, background or financial means. Excluded sectors: financial intermediation and property services. The platform must confirm the up-to-date criteria, notably the location, the company’s situation and any exclusions.
Eligibility conditions
Conditions listed in the catalogue: the network’s local associations welcome founders at the stage of finalising the business plan and seeking financing. All founders can apply for support and financing. Have the area covered, the project stage accepted, the financial criteria, sector exclusions, combination rules and any bank financing requirement confirmed. Check whether the application must be submitted before spending begins.
What the scheme covers
All types of business start-up and takeover projects. Complementary programmes have been designed specifically for entrepreneurs, young people under 30 or certain sectors (agriculture, retail, innovation, business transfer/takeover, etc.). In the application, link each item to the project, state its amount and timing, then attach quotes or supporting documents. Do not assume that costs incurred before applying will be accepted: check this point beforehand.
Amount and funding terms
An interest-free, unsecured honour loan granted personally. It generally ranges from €5,000 to €30,000, repayable over 3 to 5 years. The honour loan is always combined with a bank loan: for every €1 of Initiative honour loan, an Initiative entrepreneur obtains on average €9.50 of bank loans. The support provided before the honour loan is granted helps the entrepreneur assess their total financing needs.
How to apply
1. Present the project to Initiative Pays de Morlaix and confirm that your business falls within the area covered. 2. Ask for the updated rules and list of documents, the possible amounts and the review timetable. 3. Prepare the business plan, budget, financing plan, cash-flow forecasts, quotes and information on your personal contribution and the planned bank financing. 4. Submit the application following the official procedure. 5. Wait for the written decision before treating the financing as secured.
Timeline
The opening timetable and application dates are not confirmed by the information available in the catalogue. Contact the platform for the next deadlines, the review time and the rules applicable to costs already incurred.
Key facts
- Funder
- CC du Pays de Landivisiau, Département 29 - Finistère, Financeurs privés, Haut Léon Communauté, Ministère de l’Economie, des Finances et de la Souveraineté Industrielle, Energétique et Numérique, Morlaix Communauté
- Type of funding
- Repayable advance
- Status
- Ongoing
- Maximum amount
- €30,000
- Automatically extracted — check the official source
- Minimum amount
- €5,000
- Automatically extracted — check the official source
- Geographic scope
- Bretagne
Frequently asked questions
What is the honour loan for?
It can strengthen the financing of a business project and help structure the financing plan. It remains repayable and its award depends on the review of the application.
What amount can be granted?
The catalogue indicates: an interest-free, unsecured honour loan granted personally. It generally ranges from €5,000 to €30,000, repayable over 3 to 5 years. The honour loan is always combined with a bank loan: for every €1 of Initiative honour loan, an Initiative entrepreneur obtains on average €9.50 of bank loans. The support provided before the honour loan is granted helps the entrepreneur assess their total financing needs. The applicable amount must be confirmed with the platform and depends on the decision on the application.
Which documents should I prepare?
Prepare the business plan, financial forecasts, a cash-flow plan, the detailed budget, relevant quotes and information on other financing. Ask the platform for the official list of documents.
When should I apply?
Check the dates and any committee sessions with the local platform. Some schemes require an application before spending begins.
Official source
No official URL is available in our data for this grant.
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Financing a large company’s development strategy in the Métropole Européenne de Lille with the “Development aid for large companies” scheme
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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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