Following the sixth State reform, the federal Participation Fund was placed into liquidation from 1st July 2014. The Brussels Regional Investment Company (SRIB/GIMB), through its new subsidiary BruPart, is responsible for granting professional loans and providing the support previously managed by the federal fund.
BruPart offers two financing solutions for self-employed workers and SMEs.
1. Co-financing: Brufin loan
- Target: Self-employed workers and small and medium enterprises having set up or planning to set up in the Brussels-Capital Region.
- Amount: €10,000-200,000 and a maximum of 50% of the total financing requirement.
- Rate: bank rate + 0.5%
- Procedure: Applications can be made either directly through the Brupart promoter or through a credit institution.
2. Micro-finance: Boost-me loan
- Target: Unemployed people receiving benefits, and small companies less than 4 years old located or planning to set up a professional activity outside the priority intervention area.
- Amount: €10,000 - 50,000
- Rate: 4%
- Procedure: Loan applications can be made either directly through the Brupart promoter or through one of the approved support structures.
- Support: either through Brupart or through an approved support structure.
For any request, please contact the Brussels Regional Investment Company at 02.548.22.11. You can find more information on its website.