General eligibility criteria for beneficiaries
Location
The company must be based in the Walloon Region or have a concrete project to set up in this region.
Type of activity
The company must operate in one of the following areas:
- Audiovisual:
- Film services: sound studios, animation studios, special effects, post-production (image/sound), film equipment rental (cameras, lighting, dressing rooms, etc.).
- Development of audiovisual technologies.
- Production of innovative content (outside the traditional fields of Wallimage Coproductions).
- Gaming: video game studios.
- Creative digital agencies: AR/VR or other dimensions.
- MusicTech sector.
- Other cultural and creative activities such as publishing, graphic design, visual and performing arts (see detailed NACE list if applicable).
Legal and financial status
- The company must be an SME according to European criteria.
- Must not be involved in restricted sectors or activities (illegal, tobacco, weapons, etc.).
- Must not be in insolvency or bankruptcy proceedings.
Market fit
The company must demonstrate a business activity in line with its target market, and have a coherent business model leading to tangible profitability potential.
Professional team
The project must be supported by a competent, coherent team.
Legal compliance and no penalties
- Must not engage in activities that are illegal or in breach of local and European legislation.
- Must not be subject to any European sanctions or exclusions.
Intellectual property and creativity
If applicable, the company must have registered copyrights, trademarks or patents within the last 24 months, or justify the use of the loan to develop a creative or cultural project.
Financing criteria
Use of loan or funds
- Financing tangible and/or intangible assets, working capital or business transfers.
- Maximum amount of guaranteed loan: €2,000,000.
Minimum duration
The loan must have a minimum term of 12 months (6 months for loans signed after April 2020).
Exclusion of external warranties
The loan must not require any external guarantee other than that provided by the borrower, its owners or affiliates.
Legality and integrity
- Must not finance fraudulent activities or tax avoidance schemes.
- Must comply with current legislation.
The beneficiary must also meet the eligibility criteria of the European Investment Fund.
Subject to the above criteria, any type of loan granted by Wallimage is eligible:
- unsecured loan
- convertible loan
- revolving loan
- discount
- …
These criteria represent minimum requirements, but do not guarantee funding.
