Cabinet of Ministers Regulations No. 614 Riga 2 august 2011 (pr. No 46 43. §) rules on the action programme "entrepreneurship and innovation" 2.2.1.4.2. in Appendix apakšaktivitāt "mezzanine capital loans for investment in the competitiveness of economic operators ' issued in accordance with the European Union's structural funds and the cohesion fund management law, article 18, paragraph 10 i. General questions 1. determines: 1.1. procedures for implementing the action programme" entrepreneurship and innovation "in Appendix 2.2. priorities" financial access contributes "UR2.2.1.pas" financial resources "2.2.1.4 the activity" loans to improve the competitiveness of economic operators ' 2.2.1.4.2. "apakšaktivitāt mezzanine capital loans for investment in the competitiveness of economic operators" (hereinafter referred to as the activity);
1.2. The European regional development fund project (hereinafter draft) submission evaluation criteria;
1.3. the requirements of the European regional development fund activities project applicant (hereinafter referred to as project applicant);
1.4. the responsible authority.
2. The purpose of the activity is to provide business operators access to finance for business development and European Union funds for the implementation of the project, receive a mezzanine capital loans when merchants conduct the existing equity do not have sufficient savings to attract the required amount, as well as to enhance the competitiveness of the Latvian merchant, to facilitate the acquisition of new markets and strengthening existing.
3. activities within the monitoring indicators to be achieved – by 2013 mezzanine capital loans received 20 merchants.
4. the implementation of the activity is limited to the project application selection.
5. the implementation of the activity provided by the responsible authority. The responsible authority is the Ministry of Economic Affairs (hereinafter referred to as the responsible authority).
6. the competent authority according to competency: 6.1 supports the activities of the implementation, supervision and control, including the n + 2 principle apply activity and project level, implementation of the Council of 11 July 2006, Regulation (EC) No 1083/2006 laying down general provisions on the European regional development fund, the European Social Fund and the Cohesion Fund and repealing Regulation (EC) No 1260/1999 (hereinafter Regulation No 1083/2006), article 93, paragraph 1;
6.2. create project submission Evaluation Commission and establish the operating procedures of the Commission;
6.3. the applicant shall be forwarded to the call for project submissions;
6.4. before submitting the application, the project initiated, developed, approved and sent to the project applicant project application evaluation procedures and filling out the form of evaluation methodology, as well as the agreement for the implementation of a project;
6.5. assess the project submissions, shall take a decision on the approval of the project application, approval or rejection of the conditions and shall notify the applicant of the decision taken by the project;
6.6. the beneficiary of the financing contract for the project implementation, pursuant to the Commission on 8 December 2006, Regulation (EC) no 1828/2006 laying down provisions for the implementation of Council Regulation (EC) No 1083/2006 laying down general provisions on the European regional development fund, the European Social Fund and the Cohesion Fund, and the European Parliament and Council Regulation (EC) No 1080/2006 on the European Regional Development Fund (hereinafter Regulation No 1828/2006) Article 43, 5 and 6 above;
4.2. assess project amendments and adopt a decision on the draft amendments in accordance with the agreement on the implementation of the project and in accordance with the laws and regulations on the procedures for European Union structural and cohesion funds in the participating institutions provide the planning document preparation and implementation of these funds;
6. provide information about the project applicant project application preparation, project implementation and enforcement of the provisions of the Treaty;
4.3. verifying and confirming the beneficiary's payment request, the progress reports and the Declaration of expenditure drawn up;
6.10. provide information to the public and provide publicity on matters related to the implementation of the activity;
6.11. ensure data retention in the European Union's structural funds and the cohesion fund management information system for project application and project.
7. activities within the beneficiary creates a loan fund of Regulation No 1828/2006 article 43 claims (hereinafter referred to as the loan fund).
8. activities within available public funds is 17 738 557 lats, including the European regional development fund – 10 671 891 lats and State budget funding – $7 066 666 (funding).
II. the project applicant, eligible activities, eligible and non-eligible costs of the project applicant is 9. limited liability company "Latvian guarantee agency".
10. The beneficiary shall provide assistance to economic operators in accordance with the laws and regulations of mezzanine capital for loans to improve the competitiveness of economic operators.
11. activities within the eligible costs are the following items: 11.1. costs for management under Regulation No 1828/2006, article 43 (4). Such costs in one year of implementation of the project must not exceed 3% of the average loan fund;
11.2. Financing of mezzanine capital loans to business operators in accordance with the laws and regulations of mezzanine capital for loans to improve the competitiveness of economic operators.
12. activities within the non-eligible costs include the following headings: 12.1. costs incurred before the contract was concluded for the implementation of the project and the contract end date of the project;
12.2. fines, penalties, late payment, interest on arrears, fines and legal expenses.
13. activities financed under only the eligible costs related to the project activities are proportionate and reasonable.
III. Project selection and submission of application 14. Project application selection organized in one round for the entire activity of the financing available.
15. the competent authority, after the date of entry into force of the provisions of the activities under the project, the applicant shall send a written invitation to submit project application (hereinafter referred to as the notice) and these rules, the information specified in paragraph 6.4. The invitation indicates application projects of the period, submit the address of the responsible authority and electronic mail, as well as available funding.
16. To apply for funding of the project, the applicant shall submit to the responsible authority. The project's application consists of the completed project: 16.1. application form (annex 1);

16.2. the business plan, which includes at least the following information: 16.2.1. operating a reviewer's target market and its financing criteria, terms and conditions;
16.2.2. financial engineering instruments's operating budget;
16.2.3. financial engineering instrument;
16.2.4. management professionalism, competence and independence;
16.2.5. contribution of the structural funds reasons;
16.2.6. financial engineering instruments policy used, stopping investment companies;
16.2.7. provisions of the financial engineering instruments for termination, including the reuse of resources, what financial engineering instrument from investments or to recover the residual after all obligations and applicable to the operational programme;
16.2.8. free deployment of funds;
16.2.9. financing plan.
17. If this rule 16.2. the business plan referred to in point and the attached documents are not Latvian language, accompanied by a certified translation in accordance with the laws and regulations on the procedures which are translations of documents in the language of the country.
18. the project application can be submitted in paper form or electronic form of a document. Project submissions in paper form may be submitted personally to the responsible body or sent by registered mail. The project application to the electronic document may be submitted personally to the responsible body, send by mail or send it to the responsible authorities in electronic mail address that is specified in the invitation.
19. If the project application submitted in paper form, it shall be submitted in a single copy in hardback, caurauklot, sequentially numbered pages to the back of the last page of the thread ends are glued on the label is an indication of the document number and caurauklot number of pages, project name, project of the applicant's application date, the author of the document, the development of the document and the signature of an official of the applicant for the project.
20. If the project application submitted in paper form, the applicant not later than three working days after submission of the application for the project submitted to the responsible body or electronically sent to the electronic mail address you fill in an application form for project and business plan DOC, xls or PDF file format.
21. the application shall be accompanied, where the electronic document, it shall meet the following requirements: 21.1. the project application has been designed and furnished according to the electronic movement of documents regulating the regulatory enactments;
21.2. the project application has been designed for the DOC, xls, PDF or JPG file format;
21.3. the project submission form and 16.2. these provisions referred to in the business plan and the attached documents are originals signed by each individual author's secure electronic signature and confirm with the time stamp before the project submission deadline. If this rule 16.2. referred to the business plan and its accompanying documents are copies, they are certified in each individual to the project the applicant secure electronic signature and time stamp before the project submission deadline.
22. If the application is submitted in person on the application time is considered the seal of the authority responsible in the specified date and time.
23. If the application is sent by post, on the application of the project time is considered in the specified postmark date of dispatch.
24. the application shall be accompanied, where the electronic document, sent to the responsible authorities the e-mail address, and a dispute arises about the project to the application project, the applicant can demonstrate that the project is sent to the application before the application deadline for the submission of projects, but the responsible authority for a project at the request of the applicant argues that the project application is received or received after the project submission deadline.
25. Where the application is filed in electronic form or document sent by mail, the responsible authority within five working days after receipt of the application, notify the applicant in writing of the project the project application to the registration number. If the application is submitted in person, the registration number of the application, the project is assigned a project at the time of receipt of the application.
26. the project is the responsibility of the applicant to prepare and store the project application and implementation of the project of the derivative of the original documents or related laws and regulations on the development and design of a document duly certified copies thereof to the project application to the end of the assessment, but, if the project is approved, up to December 31, 2021. The project applicant is obliged to provide the European Commission and the European Union fund management representatives of the bodies involved in the access to these documents or regulations on the development and design of a document duly certified copy thereof.
IV. submission of the project evaluation and decision making for project submission 27. evaluation of the quality, compliance and administrative criteria provide the responsible authorities established a project application to the Evaluation Commission (hereinafter the Commission): 27.1. the Commission comprises representatives of the Ministry of the economy;
27.2. the meetings of the Commission as an observer without the right to vote can participate in the managing authority and the responsible authority.
28. The Commission shall determine the responsible authorities developed and approved.
29. evaluation of the application of the project: 29.1. scored the first project application compliance with this provision of the annex 2 paragraph 23 in this criterion. If the application does not meet this criterion, it does not continue the assessment;
29.2. If the application complies with the provisions of annex 2, paragraph 23 of the criterion assessed the compliance of the application of the draft provisions annex 2 in paragraph 14 of this criterion. If the application does not meet this criterion, it does not continue the assessment;
29.3. If the application complies with the provisions of annex 2, paragraph 14 of the criterion, it continues the evaluation according to the rules referred to in annex 2 of the quality criteria (1, 2, 3 and 4, the criteria referred to in paragraph);
29.4. According to other provisions of this annex 2 criteria referred to in the application for the project continue to rate only if that rule 1 of the annex. 2, 2, 3, and 4. criteria referred to in point total has received at least 30 points.

30. If there is no information in the project application in order to assess compliance of the application for the project to one or more of the criteria, or it is incomplete, and if such information is not legible or is not provided in the Latvian language, believes that the project submission does not meet the relevant criteria, or criteria given lower ratings.
31. the head of the authority, on the basis of the assessment by the Commission, shall decide on the application of the project if the project submission complies with these rules 14 and annex 2 23. criteria referred to in paragraph 1, as well as to annex 2 of these rules 1, 2, 3, and 4. criteria referred to in point total has received at least 30 points. If the application does not comply with these rules 14 and annex 2 23. criteria referred to in paragraph 1 or 2 of these provisions, annex 1, 2, 3 and 4 in the criteria referred to in paragraph is not received at least a total of 30 points, the head of the responsible authority shall take a decision on the rejection of the application for the project. The decisions referred to in this paragraph, the competent authorities shall adopt the driver within 10 working days from the date of receipt of the application.
32. The decision on the application of the project approval may include conditions to be met in order to project the applicant may enter into a contract for the implementation of a project.
33. the decision on approval of the application, the project on condition the body responsible for the project the applicant indicate what additional information or fine-tuning is needed to meet the project's application of these provisions of annex 2 of 5, 6, 7, 8, 9, 10, 11, 12, 13, 15, 16, 17, 18, 19, 20, 21, 22, 24 and 25. criteria referred to in point, and the time limit within which the information is to be submitted.
34. the decision by the responsible authority of the conditions shall not be longer than 15 working days from the date of signing of the decision. That period may not be extended.
35. the decision on the application of the project approval, the approval or rejection of a conditional and its opinion on the draft of the information submitted by the applicant for compliance with the conditions laid down in the decision on the application for the approval of the project, the responsible authority shall send the draft to the applicant by post within two working days after the signing of the decision or opinion, as well as one working day to the project specified in the application, fax or electronic mail address.
36. Information on this provision the decision referred to in paragraph 33 of the conditions contained in the project, the applicant shall submit to the authority responsible for the evaluation. The responsible authority within five working days of receipt of the information to evaluate and prepare an opinion on the compliance with the conditions laid down in that decision.
37. If the project applicant project application is not filed within the time limit set or the application is rejected, the competent body shall send a written activity defined within the project, the applicant repeated the invitation pursuant to paragraph 15 of these rules.
38. it is the responsibility of the beneficiaries within 15 working days from the date when the decision on the project signed the application approval or opinion of the responsible authority, that the conditions contained in the decision have been complied with, the competent authority to conclude a contract for the project implementation.
V. implementation of the project and the conditions for obtaining financing 39. funding recipient project launched after the conclusion of a contract for the implementation of a project, and the project is implemented by 2015 December 31.
40. The beneficiary provides a snapshot into the beneficiary's website about the progress of the implementation of the project at least once a month.
41. The beneficiary shall ensure the implementation of the project financial flows clearly separated from other financing activities receiving financial flows during project implementation and five years after completion of the project, in accordance with Regulation No 1828/2006, article 43 (2).
42. financing arrangements for loan fund contribution and loan fund use conditions determines the contract for the project implementation.
43. Payment by Cashless settlement to separate project funding requested for the account specified in the agreement for the implementation of a project.
44. the Funding recipient project closing statements shall be submitted to the responsible body within 15 working days after the completion of the project.
Prime Minister – the Minister of Justice, Minister of Interior artist duties a. Štokenberg economic Minister a. camphor, Ministry of Economic Affairs presented version of annex 1 of 2 august 2011 the Cabinet of Ministers Regulation No 614 economic Minister a. camphor annex 2 Cabinet 2011 2, Regulation No 614 submission evaluation criteria Project performance program name and number 2. entrepreneurship and innovation priority name and number 2.2. Financial Accessibility name and number of the measure 2.2.1. Financial resource availability activities/apakšaktivitāt the name and number of mezzanine capital loans 2.2.1.4.2. investments company the competitiveness of the project selection way limited project application selection responsible authority Ministry of Economics 1. Criteria of quality evaluation system of notes points min.-30 1. requesting the project within three years prior to the application of the project supported a number of economic operators to improve the competitiveness of Min-10 1.1. more than 151 merchant 15 1.2.101-150 merchants 10 1.3.51-100 Merchant 5 1.4 0 2 50 merchants. the project applicant capacity Min-5 2.1. project applicant has implemented the European Union (hereinafter EU) structural funds co-financed projects (one or more), which is the total amount of eligible costs is 10 million. lats or more 15 2.2. project applicant has implemented EU structural funds co-financed projects (one or more), with a total eligible cost is 5 million-9.99 million. LAT 10 2.3. project applicant has implemented EU structural funds co-financed projects (one or more), with a total eligible cost amount is 1 million.-4.99 million. LAT 5 2.4. project applicant has implemented the EU projects co-financed by the structural funds, with a total amount of eligible costs not exceeding 0.99 million. LAT 0 3. applicant's Project experience in the provision of financial services to merchants – 5 Min over 10 years 15 3.1 3.2 3.3 6-10 years 10.2 to 5 years 5 3.4. less than 2 years 0 4.

The project provides for the applicant to provide economically effective administrative implementation of the project, on average, during the implementation of projects providing for the administrative costs of less than the maximum threshold set by the European Commission of 8 December 2006, Regulation (EC) no 1828/2006 laying down provisions for the implementation of Council Regulation (EC) No 1083/2006 laying down general provisions on the European regional development fund, the European Social Fund and the Cohesion Fund and European Parliament and Council Regulation (EC) No 1080/2006 on the European Regional Development Fund (hereinafter Regulation No 1828/2006), article 43, part 4, point "b".
Rating is increased by 1 point for each 0.1 percentage point below the maximum threshold (reducing the aid intensity by more than 2 percentage points, are assigned a maximum score in this criteria-20) 20 Min-0 1.1. Quality criteria for horizontal priorities ranking system points 5. Horizontal priority "equal opportunity" 5.1 the applicant will implement specific project activities that promote gender equality, active ageing and persons with disabilities in compliance with the fundamental principles of the law , and has validated its employee social portrait, including data broken down by gender, age and disability, 5 mins.-0 5.2. project applicant will implement specific activities that promote gender equality, active ageing and persons with disabilities in compliance with the fundamental principles of law 3 5.3. project applicant has validated your employee social portrait, including data broken down by gender, age and disability, but does not implement specific activities that promotes gender equality, and the active ageing of persons with disabilities in compliance with the fundamental principles of law 0 6. Horizontal priority "information society" Min-0 6.1 project is intended to attract customers in the following ways (all those conditions are fulfilled): 1) disseminating information on the activity of the media;
2) dissemination of information about the activity, using the applicant's project home page on the internet;
3) organizing workshops on activity 5 6.2. project is not intended to attract customers in the following ways (not all these conditions): 1) disseminating information on the activity of the media;
2) dissemination of information about the activity, using the applicant's project home page on the internet;
3) organisation of seminars for activity 0 7. Horizontal priority "macroeconomic stability" (linked to the volume of private financing in commercial development) Min-0 7.1 associated private funding amount is 20 million. lats or more 5 7.2. associated private funding is 15-19.99 million. LAT 4 7.3. attract private financing in the amount of 10-14.99 million. lats 3 7.4 associated private funding is 5-9.99 million. lats 1 7.5. linked to the volume of private financing does not exceed 5 million. LAT 0 2. eligibility criteria 2.1. project eligibility criteria ranking system Yes/No 8 the project plans to provide mezzanine capital loans for investment in the competitiveness of economic operators N 9. Project applicant provides Regulation No 1828/2006, article 43, paragraph 2, of the implementation of the requirements of P 10. Project planned activities and results to be achieved are clearly defined, reasonable, measurable, according to project implementation time schedule and focus on the achievement of the objectives of the project P 11. types of eligible costs of the project and the amount corresponds to the Cabinet of Ministers regulations on the implementation of the apakšaktivitāt requirements

P 12. eligible costs of the project is economically justified, necessary for the implementation of the project and provides measurable results for physical generation P 13. time schedule for the implementation of the project will comply with the provisions of the Cabinet of Ministers on the implementation of the apakšaktivitāt the deadlines of the project the applicant 2.2 P eligibility criteria ranking system Yes/No 14. Project applicant is invited to submit a project application to the limited application of the selection of projects N 3. Administrative criteria ranking system Yes/No 15. Project costs (total eligible costs of the project total project eligible costs and not project total cost estimate of the project costs) has calculated the arithmetic right and following the activity of the eligible costs laid down limits P 16. the requested funding is calculated correctly and complies with regulations of the Cabinet of apakšaktivitāt implementation defined around P 17 project submission is prepared according to the project submission form, you add all of the Cabinet of Ministers regulations on the implementation of the apakšaktivitāt documents and they are prepared according to the laws and regulations on the development and design of a document P 18. submission of the original of the project is the document legal force P 19. project application is fully filled P 20. Project submissions are original with numbered pages P 21. project is not specified in the application for correction, deletion, addition, deletion, and aizkrāsojum, if it is presented in the form of a paper document P 22. project application used currency is the lats-LVL 23. submission of project P filed a submission deadline for the submission of projects N 24. project application is completed Latvian language into P 25. project application is filed in one copy and project submission form – in electronic form (where the application is filed in paper form) P note. * If you received a negative rating, shall take a decision on the rejection of the application of project (-N) or may take a decision on the approval of the draft provided that a project shall ensure compliance with the criteria, within the time limit laid down in the decision (-P).
Economic Minister a. camphor