Initiative Saint Martin Active – prêt d’honneur (interest-free personal loan)
The Initiative Saint Martin Active programme generally combines support for the project with the possibility of a prêt d’honneur. The catalogue states: a prêt d’honneur with no interest or security, granted personally, of €2,000 to €25,000, repayable over 2 to 5 years. These details are useful for preparing an initial discussion, but they confirm neither that the scheme is currently open nor that financing will be granted.
The Initiative Saint Martin Active prêt d’honneur (interest-free personal loan) can contribute to the financing plan of a business project, subject to review of the application and the platform’s criteria. It is a repayable personal loan; in the Initiative France network it is generally at zero interest and with no personal guarantee, but the exact terms are set locally.
Funded by Bpifrance, Union Européenne-FEDER
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Who can apply
Beneficiaries mentioned in the catalogue: owners of business start-up, takeover or development projects in all sectors. Excluded sectors: financial intermediation services. Have the up-to-date criteria confirmed, notably location, the company’s situation and any exclusions.
Eligibility conditions
Conditions listed in the catalogue: the prêt d’honneur, granted personally, is intended to strengthen the company’s equity; the prêt d’honneur granted by Initiative Saint-Martin Active does not replace a bank loan, but makes it easier to obtain one. Banks will rely on the support work carried out by the platform to determine the amount of the loan they grant to prêt d’honneur recipients; the entrepreneur must have lived in Saint-Martin for at least 1 year or demonstrate a good knowledge of the local economy. Ask for confirmation of the area covered, the accepted project stage, financial criteria, sector exclusions, combination rules and any complementary bank loan. Also check whether the application must be submitted before any spending begins.
What the scheme covers
The costs and operations eligible under the Initiative Saint Martin Active prêt d’honneur must be confirmed in the official documents. To ease the review, link each cost to a specific stage of the project, state its amount and date, then attach the relevant quotes or supporting documents. Check the rules on costs already incurred before starting.
Amount and funding terms
A prêt d’honneur with no interest or security, granted personally, of €2,000 to €25,000, repayable over 2 to 5 years.
How to apply
1. Contact Initiative Saint Martin Active to confirm the area and that the project fits. 2. Ask for the current conditions, caps, required documents and review timetable. 3. Prepare the business plan, financial forecasts, budget, cash-flow plan, quotes, your contribution and other planned financing. 4. Submit the complete application following the official procedure. 5. Wait for the written decision before treating the financing as secured.
Timeline
Opening dates, application deadlines and review times are not confirmed by the information available. Ask the platform for the updated timetable and check the rules for costs incurred before applying.
Key facts
- Funder
- Bpifrance, Union Européenne-FEDER
- Type of funding
- Repayable advance
- Status
- Ongoing
- Maximum amount
- €25,000
- Automatically extracted — check the official source
- Minimum amount
- €2,000
- Automatically extracted — check the official source
- Geographic scope
- Guadeloupe
Frequently asked questions
Does the prêt d’honneur have to be repaid?
Yes. It is a repayable personal loan, not a grant. The amount and terms depend on the platform’s decision and conditions.
Which criteria should I check first?
Check the area covered, the project stage, financial criteria, sector exclusions, combination rules and any bank financing requirements.
Which documents should I prepare?
Prepare the business plan, detailed budget, forecasts, cash-flow plan, relevant quotes and details of your personal contribution and other financing.
Can I apply after starting the project?
Check this point with the platform before starting. Some schemes require an application beforehand and may exclude costs incurred too early.
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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