The Public Fund of Republic of Slovenia for Entrepreneurship or shortly The Slovene Enterprise Fund (the Fund or SEF) is established with purpose of improving the access to financial resources for different development – business investments of micro, small and medium-sized enterprises (SMEs) including with financial resources for SMEs start-up and micro financing in the Republic of Slovenia.
Every year the Fund is offering proper financial solutions for development – business projects in Slovenian entrepreneurial sector via financial engineering, which is majorly based on financial instruments with refundable means (loans, guarantees for loans, subsidised interest rates, venture capital) which allows combining of financial resources of different financial institutions (financial lever).
Through offering favourable financing resources want to ensure that state aid are distributed in all phase of development life cycle; from seed companies, start up’s and till the phase of further growth and development. According to the mentioned lines the Fund closely co-operates with other domestic and international financial institutions such as commercial banks, the European Investment Fund (EIF) and the European Mutual Guarantee Association (AECM).
Establishment: 1992 - when the Statute of the Fund for small Business Development, based on Small Business Development Act, was adopted (Official Journal of the Republic of Slovenia No. 18/1991).
Conversion: 2000 – after the implementation of the Public Fund Act (Official Journal of the Republic of Slovenia No. 22/2000) the Fund converted into a Public Financial Fund and entered in companies register. With adoption of The Act Regulating Supportive Environment for Entrepreneurship (Official Journal of the Republic of Slovenia No. 40/2004) and The Instrument of incorporation of the Fund (Official Journal of the Republic of Slovenia No. 112/2004), the Fund converted into the Public Fund of Republic of Slovenia for Entrepreneurship, shortened name Slovene Enterprise Fund, which is legal successor of The Public Fund of Republic of Slovenia for the Development of Small Business. The Act Regulating Supportive Environment for Entrepreneurship (Official Journal of the Republic of Slovenia No. 102/2007) provides the substance and possibilities in implementation of different financial instruments and other detailed Fund’s activities.
Head Office is in Maribor, Kneza Koclja 22.
The Fund is registered at District Court in Maribor, Republic of Slovenia, in December 2000.
The Fund’s activities according to standard classification of activities:
- 84.13 Regulation of and contribution to more efficient operation of business
- 64.91 Financial leasing
- 64.92 Other credit granting
- 64.30 Trust funds, other funds and similar financial entities
Statistical classification: 84.130 – Regulation of and contribution to more efficient operation of business
Registration No.: 5523362
Tax No.: 58045473
Sub-accounts at the Public Payments Administration:
01100-6950960475 »Earmarked capital«
01100-6270960405 »Assets for current operations«
01100-6000007104 »EU Provision fund«
SEF Earmarked capital on 31.12.2014: 57,13 mio EUR
The Fund is an indirect budget user.
The bodies of the Fund are the Supervisory board and the director.
Supervisory board has a president and five members.
On 28.5.2015 the content of the Supervisory board is as follows:
president: Branko Meh
- Sabina Koleša, PhD.,Ministry of economic development and technology,
- Simona Hočevar, M.Sc., Govenment office for development and cohesion policy,
- Cvetka Tinauer, PhD, Chamber of Commerce and Industry of Slovenia,
- Katja Lutar, M.Sc., Government Office for Development and European Affairs.
Director of the Fund is:
Maja Tomanič Vidovič, M.Sc.
Number of employees on 28.5.2015: 33 (16 fixed-term employments, 15 technical assistance EU, 2 project)
Regulatory framework: Basic Acts:
- Public Funds Act (Official Journal of the RS, No. 77/2008),
- Act Regulating Supportive Environment for Entrepreneurship (Official Journal of the RS No. 102/2007),
- Venture capital Companies Act (Official Journal of the RS, No. 92/2007, 57/2009).
Instrument of incorporation:
- Instrument of incorporation of the Public Fund of Republic of Slovenia for Entrepreneurship (Official Journal of the RS, No. 112/2004 and 11/2007)
Brochure of the Fund