Česká Spořitelna (ČS) plans to allocate CZK 550m to Czech startups within two years. In campaign ‘New blood for Czech business sought’ it offers unsecured business loan Start-Up ČS worth up to CZK 650,000 without requiring a business plant. It also supports beginning entrepreneurs through program INOSTART, on which it cooperates with the Czech Ministry of Industry and Trade and the Czech-Moravian Guarantee and Development Bank. It allows startups to invest up to CZK 15m.
