A NATURAL AND LIVING ENVIRONMENT LIKE NO OTHER
PROMOTING BUSINESS GROWTH, THE FRIBOURG WAY
The headquarters of the Fribourg Cantonal Bank has been one of the city’s landmarks since it opened in 1982. It was designed by the world-renowned Swiss architect, Mario Botta.
The diversity and density of Fribourg’s business landscape comes as no surprise to Denis Galley. For the member of the governing board of the Fribourg Cantonal Bank (BCF), the canton has a great deal to offer companies looking to set up business in the region. “The canton has come up with an outstanding range of instruments designed to support start-ups and SMEs. They include Fri Up, the official support service for new businesses, Seed Capital Fribourg, Capital Risque Fribourg SA, and the Fribourg section of the SME Guarantee Cooperative for Western Switzerland (CRC PME). Each can be brought in at different levels depending on the stage of development that the company is at.” Take Capital Risque Fribourg SA, for example. With a share capital of CHF 7.5 million – funded in part by the BCF – it provides financial support to innovative companies that are either starting out or looking to expand their operations. In other words, companies that will create jobs in the canton. Supporting and guiding companies is written into the bank’s DNA: “The Fribourg Cantonal Bank Act stipulates that part of the Bank’s mission is to contribute to the growth of the cantonal economy.” As well as the BCF’s attractive credit solutions, entrepreneurs benefit from Fribourg’s proactive policy to attract business investment to the canton. Measures include making it easier for companies to acquire land and premises, assisting them with the relevant administrative formalities, and helping them find suitable partners like the BCF.