|STRATEGIC DIRECTION 1: FILLING THE MARKET GAPS IN THE FIELD OF FINANCING OF THE ENTREPRENEURIAL SECTOR|
|OBJECTIVE 1: Reduction of market gaps
To reduce and fill the market gaps in the field of SME financing with assistance of favourable and market customized debt and equity financial sources.
|STRATEGIC DIRECTION 2: ENSURING PHASED AND COMPREHENSIVE FINANCIAL SUPPORT TO SMES THROUGH THREE COORDINATES|
|OBJECTIVE 2: Financial support for SMEs – throughout the life cycle stages – first coordinate
OBJECTIVE 3: Financial products based on the principle of financial engineering (debt / equity products) – second coordinate
OBJECTIVE 4: Objectives of financing SMEs – financing of a higher value added and creation of new jobs – third coordinate
Figure 2: Graphical representation of an integrated financial support with the three coordinates / target groups, products, purpose of the support/
|OBJECTIVE 5: »SEF twin« – combination of financial and coaching support to achieve higher synergy effects
The combination of financial and coaching support in all SEF’s financial instruments to ensure the highest synergy effects of individual actions (financial twin), meaning that each SME that receives financial incentive also obtains coaching support in form of various support services (a total of approximately 35 million EUR) .
Figure 3: A combination of financial and coaching support – SEF twin
|OBJECTIVE 6: To provide ca. 950 million EUR of financial incentives for about 8,800 SMEs and stimulate approximately 2.2 billion EUR of investment, out of which:
– ca. 35% of planned financial incentives for the programme “Young enterprises” and
– ca. 65% of planned financial incentives for the Programme »SME 5+«
|OBJECTIVE 7: Use of different financial sources|
|OBJECTIVE 8: Achieving macroeconomic effects|
|STRATEGIC DIRECTION 3:
MULTIPLICATION AND REUSE OF PUBLIC SOURCES
|OBJECTIVE 9: Ensure the multiplication of sources
Combination of public and private financial sources allows a multiplier effect of sources
(equity financing: 1 EUR of public funds = 3 EUR of investments; guarantees: 1 EUR of public funds = 7 EUR of investments).
|OBJECTIVE 10: Ensure the revolving of funds
Designing of various designated funds that operate on the principle of revolving and provide approximately 70% reversibility of invested funds which allows a long-term financial support to SMEs.
|STRATEGIC DIRECTION 4:
INCORPORATION OF EUROPEAN STRUCTURAL FUNDS
|OBJECTIVE 11: Integration of EU structural funds and other substantive programmes|
|STRATEGIC DIRECTION 5:
OPERATION IN COMPLIENCE WITH THE PRINCIPLES OF SIMPLICITY, TRANSPARENCY, DEVELOPMENT ORIENTATION
|OBJECTIVE 12: Providing simple and transparent operational solutions for SEF using specialized software tools in all SEF’s business processes.|
|OBJECTIVE 13: Orientation towards the implementation of improvements in all areas of SEF’s operation.|
|OBJECTIVE 14: To ensure transparency through public releases of all important information for the final recipients of SEFs financial products.|
|OBJECTIVE 15: Compliance with all legislative regulations related to the SEF’s operation.|
|OBJECTIVE 16: Ongoing monitoring and measurement of the effects of final recipients from the SEF.|
|OBJECTIVE 17: Conclusion of strategic partnerships for the integration of existing measures and to achieve higher synergy effects|
|OBJECTIVE 18: Concern for an appropriate organizational and personnel structure.|
Figure 4: 2016 – 2020 – SEFs COMPREHENSIVE FINANCIAL IMAGE OF PRODUCTS ADAPTED TO DEVELOPMENT PHASES OF THE ENTERPRISE
 »SEF twin« – a combination of coaching and financial support.