SECO iHub Fund

Discover the SECO iHub Fund: Strategic Support for Growing Businesses

The SECO iHub Fund (SSF) is a public impact financing initiative launched by the Swiss Confederation. Operating under a renewed strategy jointly managed by iGravity and Seedstars, this program is designed to propel the development of high-growth young companies and innovative SMEs.

This fund specifically targets entities based in partner developing countries and emerging economies, including key regions such as Africa (notably Morocco or Tunisia), Asia, and Latin America. Its primary objective is to provide a co-financing debt mechanism, essential for businesses looking to expand and generate positive impact.

Flexible and Non-Dilutive Financing Structure

The SECO iHub Fund intervenes in the form of senior secured loans, offering remarkable flexibility. Loan amounts range from CHF 300,000 to CHF 1,000,000 (or equivalent in USD/EUR), with flexible repayment periods of 2 to 5 years.

A major advantage of this mechanism is its non-dilutive nature. This means founders can retain full control of their equity while accessing patient debt. This financing is ideal for covering working capital needs, supporting operational investments, and accelerating growth without sacrificing ownership.

Eligibility Criteria: Who Can Benefit from the SECO iHub Fund?

To be eligible for the SECO iHub Fund, businesses must meet several strict criteria, ensuring that support is directed towards entities with the greatest potential for impact and success:

• Legal Status and Age: The company must be legally registered and have been in existence for less than 6 years.
• Post-Revenue: Only companies that have already generated revenue are eligible. Pilot projects, prototypes, or feasibility studies are explicitly excluded.
• "Swissness" Criterion: A strong and verifiable link with Switzerland is imperative. This can be demonstrated through Swiss investors, shareholders, commercial partners, or suppliers.
• Financial Additionality: Applicants must demonstrate that the project could not be financed under the same conditions without the SSF's intervention, underscoring the fund's necessity.
• ESG Impact: The program places critical importance on Environmental, Social, and Governance (ESG) indicators. Particular attention is given to the creation of decent jobs and the development of resilient solutions to climate challenges.

A Commitment to Impact and Sustainability

The SECO iHub Fund is not just about financing; it is a deep commitment to sustainable and inclusive economic development. By targeting companies that create quality jobs and offer innovative solutions to climate change, the fund actively contributes to achieving the Sustainable Development Goals.

For more information on the initiatives of the State Secretariat for Economic Affairs of the Swiss Confederation, you can visit their website: Visit the organization website.