Support for Succession in Family Businesses

Poland
Phase: Management
Τύπος:
  • Access to finance
  • Advice
  • Support of business transfers
  • Support of SMEs
Τροποποιήθηκε: 09 September, 2020
Εγγενές όνομα:

Sukcesja w firmach rodzinnych

Όνομα στην Αγγλική:

Support for succession in family businesses

Coverage/Eligibility

Long-term project run by the Polish Agency for Enterprise Development (PARP)

The measure targets family businesses as per the following definition: 'enterprises based on the personal work of at least two family members, where at least one of them has a significant impact on the management of the enterprise; enterprises in which family members jointly hold a majority stake'. A family member means: descendants, ascendants, siblings, children of siblings, spouse, partner, in-laws, adoptive or adopted people.

Further criteria need to be met by companies who wish to take part in the project :

  • have their registered offices arising from the National Court Register or the place of residence provided in the Central Register and Information on Economic Activity (CEIDG) in Poland;
  • enterprises from one of the 5 macro regions: 
    • Lublin and Voivodeship Mazowieckie
    • Łódź, Opolskie and Śląskie voivodships
    • Malopolskie, Podkarpackie, Swietokrzyskie
    • Kuyavian-Pomeranian, Podlasie, Pomeranian and Warmian-Masurian
    • Dolnoslaskie, Lubuskie, Wiekolposkie, Zachodniopormorskie
  • belong to the SME sector;
  • being in the process of planning succession;
  • not participating in any other project co-financed in the competition POWR.02.21.00-IP.09-00-001/16;
  • the companies may be in receipt of de minimis aid, that is in the year in which they apply for aid and in the two preceding years they received de minimis aid, whose gross value, together with the aid they apply for, does not exceed the PLN equivalent of €200,000, and in the case of support for activities in the road transport sector, the PLN equivalent of €100,000, calculated according to the average exchange rate of the National Bank of Poland applicable on the date of assistance.

The following are excluded from the possibility of receiving de minimis aid: enterprises operating in the fisheries and aquaculture sector, which are covered by Council Regulation (EC) No 104/2000 (1); enterprises active in the primary production of agricultural products; enterprises active in the sector of processing and marketing of agricultural products.

Also on 25 November 2018, the Act on the management of the successive enterprise of a natural person entered into force. This act introduces a number of solutions regulating the principles of temporary management of an enterprise after the death of an entrepreneur who performed economic activity on his own behalf (based on an entry in the Central Register and Information on Economic Activity) and continued business operations using this enterprise, also in a civil law partnership. Enabling the current testator's company with the addition of 'inheritance' from the day of opening the estate to the estate division.

Main characteristics

Long-term project run by the Polish Agency for Enterprise Development (PARP)

The instruments' aim is to promote and support generational change in Polish family businesses. Advice will be provided by selected experts and entities to SMEs in the areas of: business strategy, law, finance and organisational structure. The advice is intedended to build the capacity of the next generation of entrepreneurs to ensure a smooth transition process and develop a strategy for further development in an evolving business context.

    The measure includes the following actions:

    • covering 220 family businesses with support in the form of preliminary counseling sessions - conducting company analysis and determining readiness for the succession process;
    • covering 200 family businesses with consultancy and succession training (support resulting from the initial analysis of the company and its needs);
    • development and adoption of succession strategies by 200 family businesses;
    • implementation by 200 companies of changes contributing to the successful implementation of the succession process;
    • monitoring the participation of companies covered by support.

    The project defines current owner who is called the 'nestor' and the successor role as follows:

    The nestor is the person or persons who are the majority owners and managers of the enterprise, transferring the role of the majority owner and manager of the family business to the successor or successors. These must be employees within the meaning of article 3 (3) of the Act of 9 November 2000 on the establishment of the Polish Agency for Enterprise Development (i.e. Journal of Laws of 2018, item 110).

    The successor is  the legal successor or successors, as a result of succession, including the role of majority owner and manager of the enterprise; to receive support under the project, it must be a person/persons who are employees within the meaning of article 3 (3) of the Act of 9 November 2000 on the establishment of the Polish Agency for Enterprise Development (i.e. Journal of Laws of 2018, item 110).

    Interested companies can submit applications from October 2018 to March 2023.

    The overall budget is €4,800,000. The programme is 90% co-financed from EU funds. The programme is managed by the Polish Agency for Enterprise Development (PARP).

    Funding

    • National funds
    • European funds
    • European Funds (ESF)

    Involved actors

    National government
    Polish Agency for Enterprise Development (PARP)
    Άλλο
    European Funds (ESF)

    Effectiveness

    No information available.

    Strengths

    No information available.

    Weaknesses

    No information available.

    Παραδείγματα

    No information available.
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