Successful applicants are in the marketing phase. The technology must be market ready and have already generated revenue (CHF 100'000+). The required creditworthiness may also be based on projected future earnings, as long as this is plausibly represented in the business plan. However, the company may not be heavily indebted or insolvent. Equity must be positive. Subordinated debt cannot eliminate over-indebtedness.
The innovation can be a novel technology/product/service, or the further development of facilities and techniques (or parts thereof). Activities such as consulting, training and further education, and providing information are excluded from the support provided by the Technology Fund.
Only loans from banks or other appropriate lenders based in Switzerland will be granted a guarantee. However, both the applicant and/or lender may be a Swiss subsidiary of an international group.
The lender will confirm that without the guarantee, the loan would not be granted at all, or only at a higher interest rate.
For the most important information about the Technology Fund have a look at our flyer.