SEF – Slovene Enterprise Fund

Ulica kneza Koclja 22
2000 Maribor

+386 2 2341260
+386 2 2341282

Maja Tomanič-Vidovič – Director

The SEF is a public financial fund for financial support to Slovenian micro, small and medium-sized enterprises (SMEs) with favourable guarantee, credit and equity lines for the growth and development of the SMEs and start-up lines for new enterprises.

The purpose of SEF’s operation is to improve access to favourable financial resources in the market. To achieve that purpose the SEF offers financial instruments in the form of: 

  • Start Up Incentives to young enterprises (start-ups less than 12 months old) in the first development phase, 
  • Seed Capital to young enterprises (less than 5 years old) in the second development phase and their entrance on the market, 
  • Venture Capital for the fast-growing innovative enterprises in the third development phase in the form of capital investments and mezzanine loans together with private investors through venture capital companies, 
  • Microcredits represent direct credits of SEF at an affordable contractual interest rate, for the fourth development phase,
  • Guarantees as collateral for bank loans with interest rate subsidy that represent the largest share of the approved funds of SEF, for the fourth development phase and
  • Special Incentives for specific target gropus of companies or specific purposes (for the development of the timber industry, for the digital transformation of SMEs,…).


SEF also upgrades financial support for its products with substantive support programme (coaching support, vouchers and other programms) that SEF implements with other key stakeholders of the start up ecosystem.

Year of creation
individual entities or association
Type of organization
National Promotional Bank (NPB), National Promotional Institution (NPI), Private, Mutual, Mixed
Type of scheme
guarantee or counter-guarantee
Guarantee, Countergarantee
Product typology
guarantee or counter-guarantee or co-guarantee
Guarantee, Counter-garantee
i.e. fully mutual, funded by SMEs, banking associations, fully public, fully private, private-public, mixed models
100% owned by the Republic of Slovenia
Shareholder structure
Private / Public (in %)
100% Public
Legal form
of single guarantee entity or association: i.e. fund, development bank, development agency, cooperative or mutual societies, bank, foundation, association, limited company, etc.
Public financial fund
Legal form
of members of an association: i.e. fund, development bank, development agency, cooperative or mutual societies, bank, foundation, association, limited company, etc.
Structure / Network
i.e. central scheme with regional offices, central scheme only, association network
Central scheme only
Geographic coverage
i.e. local, regional, national
Sectorial focus
i.e. agriculture, industry, crafts, retail, liberal professions, cooperatives, etc.
General, can also be focused on specific target groups
Size of businesses supported
i.e. large companies, SMEs, micro-enterprises, independent/self-employed
Supervision statute
i.e. mono-product banking licenses, financial intermediary statute, non-supervised. For associations, please state statute of members
Financial intermediary statute
Profit / Non-profit oriented
dividends to public shareholders are not considered as profit orientation
Non- profit oriented
Are you/your members financial intermediary for EU-programmes?
CIP/COSME or Structural funds or Progress or RSI/RSFF Horizon 2020
Types of guarantee products provided by your organisation/your membersLoan default guarantees, Working capital loan guarantees, Project guarantees
Other SME support instruments offered by your organisation/your members
Subsidized loans or Mezzanine financing or Venture capital or Coaching or Mediation services
Subsidized loans, Mezzanine financing, Venture capital, Coaching, special start-up incentives, seed capital
Is the activity subject to state aid regulation?Yes
Do you (your members) use..?
De minimis or GBER or Regional guidelines or Notification
De minimis
Do you (your members) dispose of an internal rating/scoring system?Yes
Do your guarantees provide deponderation (capital relief) for member banks subject to capital requirements (Basel agreement)?No
Do you (your members) benefit of a public counter-guarantee that allows deponderation (capital relief)?Yes


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