Que fait la FITWhat does FIT do

What does FIT do

FIT is involved in many fields (for example information technology and communications, cleantech, life sciences, industry) and offers a wide range of services. Since its inception in 1994, it has provided loans amounting to more than 23 million Swiss francs to some one hundred sixty-two innovative projects.

FIT grants three types of support:

The FIT grant

FIT provides grants to projects through various supports mechanisms at a maximum of one hundred thousand Swiss francs (CHF 100,000.-) to projects within an institute or university in the canton of Vaud. The goal of this support mechanism is to finance a credible entrepreneurial project that will create an innovative business which will provide employment in Vaud.

The current support mechanisms accredited by FIT are the following: 


The FIT seed loan

FIT offers FIT seed loans at a maximum of one hundred thousand Swiss francs (CHF 100,000.-) that can represent at most half of the total project budget, the balance of which is to be covered by the direct and indirect contributions of the candidate. The FIT seed loan is arranged when the new target company begins operations, normally when it is between 0-12 months old. The project must be undertaken in collaboration with or emanate from a Swiss institute or university.

The FIT early loan

FIT provides FIT early loans of three hundred thousand (CHF 300,000.-) to five hundred thousand (CHF 500,000) Swiss francs under the condition that private investors fund the project for at least an equivalent amount. The early FIT loan is awarded in principle when the company accelerates its commercial development, typically 12 to 36 months after its listing in the official commercial register. This award is linked to the development of added-value activities (product development, industrialization, operations, etc.) in the Canton of Vaud. The project must be undertaken in collaboration with or emanate from a Swiss institute or university.


FIT and Innovaud annual activity reports for 2015: Activity reports

 

To inquire about such loan support, please fill in this preliminary registration form.