Luxembourg's Ministry of Finance and Ministry of the Economy announced the launch of the Competitiveness and Sustainability Loan (prêt compétitivité/pérennité, PCP), a new Société nationale de crédit et d'investissement (SNCI) instrument aimed at strengthening the competitiveness and long-term resilience of Luxembourg companies. The PCP is primarily targeted at small and medium-sized enterprises for any project supporting competitiveness or sustainability, while larger firms can also access it for projects linked to the digital and green transitions. Delivered in partnership with SNCI intermediary banks (Spuerkeess/BCEE, BIL, BGL BNP Paribas, Banque Raiffeisen and Banque de Luxembourg), the PCP provides stable financing that is interest-free under the EU de minimis regime and is structured to complement commercial bank funding without additional application files. SNCI can cofinance up to 80% of a project capped at EUR 200,000, for a maximum tenor of 10 years, with the commercial bank funding at least 20% and supporting the client through the application process; the loan can also be combined with other SNCI instruments, including for more capital-intensive and larger projects.
Ministry of Finance (Luxembourg) 2025-10-02
Luxembourg's Ministry of Finance launches SNCI competitiveness and sustainability loan offering up to EUR 200,000 in cofinancing
Luxembourg's Ministry of Finance and Ministry of the Economy have launched the Competitiveness and Sustainability Loan (PCP) to enhance local companies' competitiveness and resilience. Targeted at small and medium-sized enterprises, the PCP offers interest-free financing under the EU de minimis regime, with SNCI cofinancing up to 80% of projects capped at EUR 200,000. Delivered through SNCI intermediary banks, the loan complements commercial bank funding and supports digital and green transition projects.