Kuyavian-Pomeranian
Development Fund

The Kuyavian-Pomeranian Development Fund is a modern and dynamically operating institution established in 2017 by the Self-Government of the Kuyavian-Pomeranian voivodship. The Fund aims to support and promote the development of the voivodship by introducing to the regional market financial instruments allocated for the implementation of the objectives adopted by voivodship’s development policy. The KPDF’s task is to stimulate the activity of business entities and manage financial resources in the area of supporting the development of micro, small and medium-sized enterprises in the Kuyavian-Pomeranian voivodship, in particular by facilitating access to finance.

The Fund manages a total of more than 620 million PLN earmarked for loans granted to micro, small and medium-sized enterprises from the Kuyavian-Pomeranian voivodship. A significant part of this capital comes from the funds of the Regional Operational Programme of the Kuyavian-Pomeranian voivodship for the years 2014-2020 and will be gradually activated by the Fund until 2023. The KPDF also manages funds which come from the old financial perspective, amounting to around 180 million PLN, introducing to the market financial products that complement the financial offering of the 2014-2020 perspective.

The main task of the Kuyavian-Pomeranian Development Fund is to act as the Fund Manager in the Kuyavian-Pomeranian voivodship, which involves selecting Financial Intermediaries to grant loans to SMEs operating in the voivodship. This enables the Fund to:

  • remove barriers to access to capital by offering guarantees, loans, and other financial instruments,
  • facilitate investment decisions related to business activity made by the region’s micro, small and medium-sized enterprises,
  • allow the execution of business projects that contribute to increasing the competitiveness of Kuyavian-Pomeranian entrepreneurs,
  • stimulate investment growth and the development of entrepreneurship in the Kuyavian-Pomeranian Voivodeship,
  • strengthen the development potential of the regional economy.

Micro, small and medium-sized enterprises with their registered office in the Kuyavian-Pomeranian Voivodeship or conducting business activity in this part of Poland can become beneficiaries of the KPDF’s support. Details of the current offer are available on the website www.kpfr.pl.

The Fund does not provide support individually but through Financial Intermediaries selected in proceedings in accordance with the Public Procurement Act. An entrepreneur interested in financing should first of all select the institution whose assistance they want to use. The website www.kpfr.pl, in the tab Loans for SMEs, provides a list of several dozen addresses of Financial Institutions, which can be contacted about loans.

AVAILABLE FINANCIAL PRODUCTS:

  • UP TO 300,000 PLN
  • OBJECTIVE: financing companies’ investment projects, excluding the purchase of real estate
  • REPAYMENT PERIOD: up to 7 years
  • GRACE PERIOD: up to 6 months
  • INTEREST RATE: 0,79%–1,19% (possible preferential interest rate of 0%–0,5%)
  • A BONUS IN THE FORM OF A REDUCED INTEREST RATE FOR TIMELY REPAYMENT OF THE LOAN

  • FROM 300,000.01 TO 5 MILLION PLN
  • OBJECTIVE: financing companies’ investment projects, excluding the purchase of real estate
  • REPAYMENT PERIOD: up to 7 years
  • GRACE PERIOD: up to 6 months
  • INTEREST RATE: 0,79%–1,19% (possible preferential interest rate of 0%–0,69%)
  • A BONUS IN THE FORM OF A REDUCED INTEREST RATE FOR TIMELY REPAYMENT OF THE LOAN

  • The amount of the loan is determined individually with the Financial Intermediary,
  • OBJECTIVE: financing projects that support the company’s current financial liquidity, e.g.: purchase of raw materials and merchandise; fixed and running costs of the company, e.g.: insurance of the company’s property, costs of advertising, promotion, rental costs, current legal and accounting services, salaries, office services: telephone, electricity, and licence fees
  • REPAYMENT PERIOD: up to 3 years
  • GRACE PERIOD: up to 3 months
  • INTEREST RATE: 0,79%–1,19%

  • UP TO 1 MILLION PLN
  • OBJECTIVE: financing undertakings including the purchase of undeveloped and developed property
  • REPAYMENT PERIOD:
    – up to 5 years – for loans of up to 500 thousand PLN
    – up to 7 years – for loans of up to 500 thousand PLN
  • GRACE PERIOD: up to 3 months
  • INTEREST RATE: 0,79%–1,19%