Kommunal lånegaranti

Drammen Kommune
Award NOK 0–40M ≈ €0–€3.4M
Closing date No closing date
Location Global
For Orgs

About this opportunity

Drammen kommune provides municipal loan guarantees for building and rehabilitation of cultural arenas, sports facilities, and outdoor recreation facilities. This is a guarantee scheme where the municipality provides financial guarantees for activities owned/operated by non-commercial organizations. By providing municipal loan guarantees for voluntary associations, they can obtain better loan terms and interest rates, which results in lower total costs. The financing of building/rehabilitation of sports, culture, and outdoor recreation facilities is often costly, especially when voluntary organizations are responsible for the facilities. By offering municipal loan guarantees, the municipality contributes to the construction of more facilities managed by voluntary organizations, which increases the facility status in Drammen municipality. The guarantee is available for both existing loans and new loans associated with construction projects that are eligible for sports funding (spillemidler).

Who can apply

Applicant Types

organization

Organization Types

nonprofit

Residency

🇳🇴 Norway

Project Locations

🇳🇴 Norway

Region

Drammen, Norway

How to apply

Stages

  1. 1 single_stage

Required documents

budget

Review process

Applications under 10 million NOK are processed by the municipal council committee. Applications over 10 million NOK are processed by both the council committee and the municipal council. Applications over 10 million NOK are also sent to the County Governor for approval.

Restrictions

  • geographic_restrictions