St’art S.A.

The investment fund for Cultural & Creative Industries

Virginie Civrais, General Manager

New in French-speaking Belgium Armed with sixteen million euros. Result of a shared commitment between the

Region Wallonne and the Communauté française de Belgique to sustain growth of the creative economy.

Dynamic and professional creative companies struggle to find funding (which is fundamental to their development).

Sectors Concerned Performing arts

(theatre, dance, opera, circus, festivals …) Heritage (museums, architectural heritage, archaeological

sites, libraries and archives) Publishing and distribution in the visuals arts

(painting, sculpture, photography, handicrafts) Digital arts Video games Music (Recordings and performances) Book publishing, press publishing Radio Television Design (products, communication, architectural) Fashion Architecture

Action fields

Research and Development (creation) Production Distribution Promotion Preservation

What are the requirements ?

Small and medium-sized companies wishing to benefit from an intervention must meet several conditions:

Must be based, or committed to install their head office, in Wallonia or Brussels

Have less than 250 workers Not exceed an annual turnover of 50.000.000€ and a balance

sheet total of 43.000.000€ Respect the financial independence criterion (less than 25 % of

capital or voting rights held by a large company) Present a sustainable and profitable investment programme Subsidies should not be the main reason for profitability Propose a project that will generate jobs St’art cannot be involved in the financing of a project

Intervention methods

Based on company needs (legal entity) and the nature of the investments

Loans Each loan transaction is valued at the time of the file

analysis Shares in the capital of the company St’art will retain a minority stake in the company and will

ensure that the public funds are no more than 49 % of the capital.

Combination of these two modes of intervention is possible. The minimal intervention of St’art is fixed at 50.000 €. St’art limits the interventions to 50% of the financial needs of

the company.

Criteria? Deadlines?:

CRITERIA Economic viability of the company Cultural and creative value of the project Economic and financial value of the project Qualification and expertise of the applicant Impact in terms of jobs

TIMING Requests can be made at any time. Once

accepted by St’art, analysis of the file starts immediately.

The transfert of decision of the Board are held every two month.

Contact & Info

info@start-invest.be www.start-invest.be

St’art S.A.6, rue du Onze Novembre7000 MonsPhone: 0032 (0)65 39 47 10