Eurofound's EU PolicyWatch collates information on the responses of government and social partners to the COVID-19 crisis, the war in Ukraine, rising inflation, as well as gathering examples of company practices aimed at mitigating the social and economic impacts.
Factsheet for measure PL-2018-40/2684 – measures in Poland
|Country||Poland , applies nationwide|
|Time period||Open ended, started on 01 October 2018|
|Context||Restructuring Support Instruments|
|Type||Legislations or other statutory regulations|
Supporting businesses to stay afloat
– Access to finance
|Author||Jan Czarzasty (Warsaw School of Economics) and Eurofound|
|Measure added||23 June 2022 (updated 28 November 2022)|
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.
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.
No information available.
|Does not apply to workers||
||Does not apply to citizens|
Social partners' role in designing the measure and form of involvement:
|Trade unions||Employers' organisations|
|Form||Not applicable||Not applicable|
Social partners' role in the implementation, monitoring and assessment phase:
Eurofound (2022), Support for Succession in Family Businesses, measure PL-2018-40/2684 (measures in Poland), EU PolicyWatch, Dublin, https://static.eurofound.europa.eu/covid19db/cases/PL-2018-40_2684.html
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Disclaimer: This information has not been subject to the full Eurofound evaluation, editorial and publication process.