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Factsheet for measure PL-2018-40/2684 – measures in Poland

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 28 November 2022)

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

Views and reactions

Unknown

Sources

  • 01 January 2018: Succession in family businesses - a project increasing the adaptability of MSME family businesses from the voivodeship Lublin and voivodeship Mazowieckie (www.projektgamma.pl)
  • 01 September 2018: Succession in family businesses - an offer for entrepreneurs (Sukcesja-w-firmach-rodzinnych-lp/power-sukcesja-w-firmach-rodzinnych) (www.parp.gov.pl)
  • 01 January 2020: The small business act for Europe- database of good practices (ec.europa.eu)
  • 31 January 2022: How to obtain funding for a succession process (www.pb.pl)

Citation

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.