{"id":3246,"date":"2024-05-01T14:47:30","date_gmt":"2024-05-01T07:47:30","guid":{"rendered":"https:\/\/ktgindustrial.com\/?post_type=new&#038;p=3246"},"modified":"2024-06-12T14:49:43","modified_gmt":"2024-06-12T07:49:43","slug":"conditions-for-borrowing-loan-of-small-and-medium-sized-enterprise-development-fund-from-june-10-2024","status":"publish","type":"new","link":"https:\/\/ktgindustrial.com\/new\/conditions-for-borrowing-loan-of-small-and-medium-sized-enterprise-development-fund-from-june-10-2024\/","title":{"rendered":"CONDITIONS FOR BORROWING LOAN OF SMALL- AND MEDIUM-SIZED ENTERPRISE DEVELOPMENT FUND FROM JUNE 10, 2024"},"content":{"rendered":"<p><strong>On April 26, 2024, the Government issues the Decree No. 45\/2024\/ND-CP on organization and operation of small- and medium-sized enterprise development fund.<\/strong><\/p>\n<p>Decree No. 45\/2024 amends and supplements a number of provisions prescribed in Article 16, Decree No. 39\/2019\/ND-CP on organization and operation of small- and medium-sized enterprise development fund.<\/p>\n<p>Accordingly, conditions for loan borrowing of small- and medium-sized enterprise development fund are as follows:<\/p>\n<ul>\n<li>To meet the criteria for innovative small- and medium-sized enterprises as prescribed in the Law on Support for Small- and Medium-sized Enterprises and other documents giving instructions on implementation thereof (amended and supplemented);<\/li>\n<li>To have feasible production and business projects and plans and ensure compliance with criteria for identifying innovative small- and medium-sized enterprises (amended and supplemented);<\/li>\n<li>Ensure the equity participation in a production and business project or plan makes up at least 20% of the total investment capital to implement that production and business project or plan, and ensure sufficient capital for implementation of a production and business project or plan.<\/li>\n<li>Satisfy all the regulations on borrowing fund in accordance with the Decree No. 39\/2019\/ND-CP.<\/li>\n<\/ul>\n<p><strong>Conditions for loan borrowing of small- and medium-sized enterprise development fund in industry association clusters are as follows:<\/strong><\/p>\n<ul>\n<li>To participate in industry association clusters as prescribed in the Law on Support for Small- and medium-sized enterprises and other documents giving instructions on implementation thereof;<\/li>\n<li>To have feasible projects and production and business plans in the industry and field of the industry association cluster;<\/li>\n<li>Ensure the equity participation in a production and business project or plan makes up at least 20% of the total investment capital to implement that production and business project or plan, and ensure sufficient capital for implementation of a production and business project or plan.<\/li>\n<li>Satisfy all the regulations on borrowing fund in accordance with the Decree No. 39\/2019\/ND-CP.<\/li>\n<\/ul>\n<p><strong>Conditions for loan borrowing of small- and medium-sized enterprise development fund in the value chain are as follows:<\/strong><\/p>\n<ul>\n<li>To participate in the value chain in accordance with the Law on Support for Small- and Medium-sized Enterprises and other documents giving instructions on implementation thereof;<\/li>\n<li>To have feasible production and business projects and plans, and have products in the value chain;<\/li>\n<li>Ensure the equity participation in a production and business project or plan makes up at least 20% of the total investment capital to implement that production and business project or plan, and ensure sufficient capital for implementation of a production and business project or plan.<\/li>\n<li>Satisfy all the regulations on borrowing fund in accordance with the Decree No. 39\/2019\/ND-CP.<\/li>\n<\/ul>\n<p class=\"has-text-align-left\">The Decree No. 45\/2024\/ND-CP takes effect on June 10, 2024.<\/p>\n<p class=\"has-text-align-right\" style=\"text-align: right;\"><a href=\"https:\/\/drive.google.com\/file\/d\/1i1Cn1M-6mTx2iPqfrHqInXnPdb6A9lil\/view?usp=sharing\" target=\"_blank\" rel=\"noopener\"><strong><em>The Decree No. 45\/2024\/ND-CP<\/em><\/strong><\/a><\/p>\n","protected":false},"author":1,"featured_media":3247,"template":"","class_list":["post-3246","new","type-new","status-publish","has-post-thumbnail","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.0 (Yoast SEO v24.0) - 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Accordingly, conditions for loan borrowing of small- and medium-sized enterprise development fund are as follows: To meet the criteria for innovative small- and medium-sized enterprises as prescribed in the Law &hellip; Continue reading CONDITIONS FOR BORROWING LOAN OF SMALL- AND MEDIUM-SIZED ENTERPRISE DEVELOPMENT FUND FROM JUNE 10, 2024\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ktgindustrial.com\/new\/conditions-for-borrowing-loan-of-small-and-medium-sized-enterprise-development-fund-from-june-10-2024\/\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-12T07:49:43+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ktgindustrial.com\/wp-content\/uploads\/2024\/06\/Picture1-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"620\" \/>\n\t<meta property=\"og:image:height\" content=\"352\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta 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