What kind of documentation do entrepreneurs have to provide once the funds are disbursed?

The entrepreneurs that have been selected have to provide comprehensive documentation on how they utilize the funds (e.g. invoices).

Many of the selected entrepreneurs also get the opportunity to participate in a coaching program where experienced industry professionals will guide the entrepreneur regarding an efficient and sustainable utilization of the funds.

All entrepreneurs that have received funding are obliged to regularly deliver status reports and update the PRIME team with the latest revenue, employment and other company figures.

Updated on July 24, 2021