Support for Succession in Family Businesses

Sukcesja w firmach rodzinnych

Country	Poland , applies nationwide
Time period	Open ended, started on 01 October 2018
Context	Restructuring Support Instruments
Type	Legislations or other statutory regulations
Category	Supporting businesses to stay afloat – Access to finance
Author	Jan Czarzasty (Warsaw School of Economics)
Measure added	23 June 2022 (updated 07 November 2024)

Background information

The reasoning for the measure is that companies eligible to participate in the programme may not have adequate funding to face all the legal, financial and organisational obstacles of a succession. The instrument aims to promote and support generational change in Polish family businesses. It is a programme managed by the Polish Agency for Enterprise Development (PARP). Thus no legislative or legal reference is available.

Content of measure

The measure offers financial transfers to SME family businesses. The aim of the measure is to help these businesses to organise the transition and diagnose the general situation of the company. It is a programme managed by the Polish Agency for Enterprise Development (PARP).

Family-owned businesses are eligible to receive the funds. Family businesses are understood as 'enterprises based on the personal work of at least two family members, where at least one of them has a significant impact on the management of the enterprise; enterprises in which family members jointly hold a majority stake'. Moreover, the business must finance being in the process of planning a succession, not participating in any other project co-financed in the competition and meet de minimis aid condition. Companies must finance 10% of the project. The remaining money comes mostly from European Funds, and a small part is covered by the funds from the National Budget. Due to funding constraints, eligibility is not a sufficient condition to receive the funds.

The overall budget of the measure is PLN 20,000,000 (EUR 4,141,000). The funding for projects can add up to PLN 19,000 (EUR 3,934) per company. The funds will pay for services of one of the companies contracted by the government to provide succession-related services to the selected businesses.

Use of measure

No information available.

Target groups

Workers	Businesses	Citizens
Does not apply to workers	Other businesses	Does not apply to citizens

Actors and funding

Actors	Funding
National government	European Funds National funds

Social partners

Social partners' role in designing the measure and form of involvement:

	Trade unions	Employers' organisations
Role	Unknown	Unknown
Form	Not applicable	Not applicable

Social partners' role in the implementation, monitoring and assessment phase:

Unknown
Main level of involvement: Unknown

Involvement

Unknown

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