SCOPINVEST - Obligation convertible
Amount or form of support: an investment of at least €25,000 over 4 to 7 years, with a repayment deferral. The investment is limited to 50% of the SCOP’s permanent capital. Targeted costs or operations: strengthening the equity and financial structure of the cooperative’s development projects. Point of attention: the company must pay an application fee of 1% (minimum €1,000), a fixed rate of 5% to 9% of the nominal value and, if the bond is not converted, a non-conversion premium of 5% to 8% a year, capitalised on the nominal value.
Strengthen equity; support the building of permanent capital alongside members’ investment; anticipate the resources needed to support the company’s projects (improving its financial structure); quasi-equity convertible into shares at the subscriber’s discretion. It is aimed in particular at: Worker cooperatives (SCOP) or collective-interest cooperatives (SCIC) that are members of the CGSCOP and up to date with their national subscriptions. Geographical scope indicated: national aid.
Funded by CGSCOP, Financeurs privés
Run a personalised scan to identify the public grants and funding your company may be able to access.
Who can apply
Worker cooperatives (SCOP) or collective-interest cooperatives (SCIC) that are members of the CGSCOP and up to date with their national subscriptions.
Eligibility conditions
The company will have to pay: an application fee of 1% of the SCOPINVEST investment (minimum €1,000); a fixed rate of between 5% and 9% of the bond’s nominal value; a non-conversion premium of between 5% and 8% a year, capitalised on the bond’s nominal value, if the bond is not converted.
What the scheme covers
The SCOPINVEST convertible bond provides financing to a SCOP or SCIC that is a member of the CGSCOP to support its development and strengthen its financial structure. It is quasi-equity that can be converted into shares at the subscriber’s initiative, which can help the cooperative consolidate its resources and raise other financing. The cost notably includes an application fee and interest on the bond; the cooperative must therefore factor these charges and the conversion terms into its financing plan.
Amount and funding terms
An investment of at least €25,000 over 4 to 7 years, with a repayment deferral. The investment is limited to 50% of the SCOP’s permanent capital.
How to apply
To use “SCOPINVEST - Obligation convertible”, start by checking that your company and project meet the criteria indicated. Then prepare a project description, a forecast budget and the administrative documents requested by the managing body. Before committing any costs, confirm the application timetable and eligibility rules in the official documents.
Timeline
No usable end date is recorded in the information available. Do not interpret this as a permanently open scheme: check the timetable and status of the scheme in the official source before planning an application date.
Key facts
- Funder
- CGSCOP, Financeurs privés
- Type of funding
- Loan
- Status
- Ongoing
- Funding rate
- 50%
- Automatically extracted — check the official source
- Geographic scope
- All of France
Frequently asked questions
Can my company benefit from this scheme?
Worker cooperatives (SCOP) or collective-interest cooperatives (SCIC) that are members of the CGSCOP and up to date with their national subscriptions.
Which costs or operations can be supported?
strengthening the equity and financial structure of the cooperative’s development projects.
What amount can I obtain and when should I apply?
An investment of at least €25,000 over 4 to 7 years, with a repayment deferral. The investment is limited to 50% of the SCOP’s permanent capital. Check with the managing body that the scheme’s dates and status are still valid.
Official source
No official URL is available in our data for this grant.
Other grants of type “loan”
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
Check your eligibility for public grants
This scheme is only one of the grants your company may be able to access. Run a personalised scan to identify the funding opportunities that match your activity, location and project.
See the opportunities identified by the scan, then access your personalised report.