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Lodz Regional Development Agency
FINANCING ACTIVITIES OF A REGIONAL
DEVELOPMENT AGENCY WITH
THE LODZ REGIONAL DEVELOPMENT
AGENCY
AS AN EXAMPLE
2nd European Congress of CEEC Development Agencies
11 – 13 June 2001, Lublin (PL)
Łódzka Agencja Rozwoju Regionalnego SA
Lodz Regional Development Agency (LRDA)
90-002 Łódź
ul. Tuwima 22/26
tel. 0-42 632 18 92
fax 0-42 633 07 63
http://www.larr.lodz.pl
e-mail: [email protected]
President of the Board: Paweł Żuromski
Lodz Region (since 1 January 1999).
Statistic data:
Lodz Region
Poland
area
(sq km)
18 219
5,8%
312 685
100%
population
(thousand).
2 663,6
6,9%
38 667,0
100%
Characteristic of the regional SME sector.
• Total number of SMEs
•
Share in the total
number of enterprises
• Number of employees in SME
•
1
Share of employees in SMEs
total number of employees
Lodz Region
Poland
203.115
2.546.405
99,85%
99,76%
0,6 mln
6,9 mln
72,66%
61,10%
Local and Regional Funds
Loan Funds
kutnowski
łęczycki
poddębicki
łowicki
zgierski
skierniewicki
łódzki
wschodni
rawski
Łódź
Piotrków Trybunalski
Poddębice
Tomaszów Mazowiecki
Zelów
Kleszczów
zduńskowolski
pabianicki
tomaszowski
sieradzki
łaski
Guarantee Funds
opoczański
wieruszowski
bełchatowski
piotrkowski
wieluński
pajęczański
radomszczański
Łódź
Kutno
Zelów
Lodz Regional Development Agency
WHO WE ARE ...
LRDA is a joint stock company set up in 1992 as an initiative of regional
authorities and with the assistance of public institutions and private
entrepreneurs.
LRDA carries out a wide range of activities relating to the economic
development of the Lodz Region and its enterprises.
LRDA is a leader in the field of promotion and implementation of the
regional development projects in accordance with European Union
standards.
Lodz Regional Development Agency
SHAREHOLDERS OF THE LRDA...
•
Public institutions:





Agency for industrial Development
City of Lodz
Lodz Voivodship
Ozorkow Commune
Radio of Lodz
•
Commercial banks
•
Private entrepreneurs
Initiation share capital
- 2.050.000,-PLN
Lodz Regional Development Agency
WHAT WE DO ....
 Support for the development of small and medium enterprises by
financial instruments, training and advisory services;
 Services for regional institutions: advice for communes in the field of
development and implementation of local strategies, advice concerning
access to foreign assistance programmes, feasibility studies for
infrastructure projects, trainings for local authorities;
 Management of the PHARE programmes and promotion of the EU
structural policy;
 Economic promotion of the Lodz Region and assistance for investors..
Financial Instruments for SME
in the Lodz Region
Financial Instruments managed by LRDA:
• Loan Fund for Investment Projects
• Guarantee Fund for SME
LRDA’s Loan Fund – financial resources
The Loan Fund for investment was established on the basis of
the state budget reserve for the support of regional
restructuring programmes.
1996 -
start of the Fund activities
Financial resources of the Fund
1996
- I grant from the state budget
-
3,0 mio PLN
1997
- II grant from the state budget
-
3,1 mio PLN
Interest revenues
-
1,9 mio PLN
Total - 31.12.2000 .
-
8,0 mio PLN
LRDA’s Loan Fund - statistic
Loans granted in 1996 - 2000
TOTAL
• Number of loans granted
-
147
• Amount of investment (thousand PLN)
-
66.606,1
• Amount of loans granted (thousand PLN)
-
21.480,8
• Creating new jobs (declared)
-
2.050
G
LRDA’s Guarantee Fund for SMEs
The Guarantee Fund for SMEs was established on the basis of
financial resources of Municipality of Lodz and LRDA.
1996
-
start of the Fund activities
Financial resources (thousand)
Grant from the Municipality of Lodz
-
50,0 PLN
LRDA’s capital
-
100,0 PLN
Interest revenues
-
50,3 PLN
Total (31.12.2000)
200,3 PLN
Grant Scheme of the PHARE-STRUDER
The Lodz Region
• Total amount of grants
- 7.592.475 EUR
• Number of application
-
346
• Number of grants obtained
-
235
•
-
2.786
Number of new jobs created