How to request a loan for setting up a business
Direction de l'Expansion Économique
9 rue du Gabian
MC 98000 MONACO
Mr François-Xavier LE CLERC :
(+377) 98 98 19 20
Fax : (+377) 92 05 75 20
Opening Hours : from 9h30 to 17h00 from monday to friday
Principle and conditions
The loan for setting up a business is intended to finance the acquisition of a business or a lease.
This loan is payable to Monegasque citizens or their spouses who are setting up their first independent business in the Principality.
Collating the documents
You must provide the following documents, in addition to those required for the grant for setting up a business:
- A business plan: a general outline of the project, a description of the business activity (including market prospects), a finance plan and a profit and loss account for the first 3 years of activity
- Estimates or bills as proof of the investment
- If the purchase of a business is involved, the purchase agreement, subject to conditions precedent
- An insurance certificate and supporting documents relating to professional risks
Submitting the application
The application must be submitted to the Business Development Agency.
After examining your application, the Business Development Agency will send you a letter giving details of how the grant will be implemented.