Fundusz Rozwoju i Promocji Województwa Wielkopolskiego

What Fundusz Rozwoju i Promocji Województwa Wielkopolskiego does

Fundusz Rozwoju i Promocji Województwa Wielkopolskiego SA (FRIPWW) is a regional guarantee fund established on 29 December 2001 by the Wielkopolskie Voivodeship government in Poznań, Poland. It provides credit, loan, lease, factoring, bid-bond (wadium), contract-performance, defect-rectification, and advance-payment-return guarantees to small and medium-sized enterprises operating within the Wielkopolskie Voivodeship that lack sufficient collateral to obtain bank financing. Cumulatively, the fund has issued 4,750 credit/loan/lease guarantees with a value of PLN 755 million and 2,600 bid/deposit guarantees with a value of PLN 322 million. The offering is distributed through partner banks — guarantees are collected directly at the client's bank, with only a blank promissory note (weksel in blanco) required as the fund's collateral.

The fund's core technical asset is a custom-built internet application for guarantee processing developed as part of a consortium of Polish guarantee funds, which supports submission and automated data analysis of loan and guarantee applications. On the financial side, the company earns revenue through transaction fees on issued guarantees, with pricing negotiated case-by-case and no publicly disclosed fee schedule; application analysis and processing are stated to be free of charge. Share capital stands at PLN 13.35 million (one of the largest guarantee funds in Poland by capital size) and total assets were approximately PLN 39 million as of year-end 2017.

The fund is controlled by the Wielkopolskie Voivodeship government, which holds 83.2% of shares, with Bank Gospodarstwa Krajowego (BGK) and the regional environmental fund (WFOŚiGW in Poznań) among minority shareholders. Operations are conducted from a headquarters in Poznań plus branch offices in Kraków, Piła, and Bydgoszcz, with a staff of 7. Beyond guarantee issuance, FRIPWW operates several re-guarantee lines with other regional development funds (WFR, ARP S.A., DFR, RFR WŁ, MFR), participates in EU co-financed development projects (JEREMIE, JOSEFIN, FERS 2021-2027, WRPO 2014-2020), and offers ancillary green-economy training and advisory programmes.

Name

Fundusz Rozwoju i Promocji Województwa Wielkopolskiego

Legal name

Fundusz Rozwoju i Promocji Województwa Wielkopolskiego SA

Website

https://fripww.pl

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

1–10 employees

Short description

FRIPWW is a government-backed regional guarantee fund in Poznań, Poland that issues credit, lease, factoring, and bid-bond guarantees to SMEs in the Wielkopolskie Voivodeship lacking sufficient bank collateral, distributing products through partner banks.

Ownership category

akta.pro rank

Product category

Regional SME Guarantee Fund

NAICS

Other Insurance Funds (52519), Insurance and Employee Benefit Funds (5251)

SIC

Surety Insurance (6351)

akta.pro industry

PRIMARYFSAJAIAA

Contract Surety Bonds

Financial & Insurance/Insurance — Motor, Property & Casualty/Surety & Fidelity Bonds

SECONDARYBPADACAI

SME, Microfinance & Financial Inclusion Facilities

Business & Public Services/International Organizations & Development/International Financial Institutions & Development Banks

Keywords

• Credit guarantee fund
• SME loan guarantees
• Public tender guarantees
• Regional development fund
• Leasing and factoring guarantees

Headquarters

HQ city

Poznań

HQ country

Poland

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Others

Revenue model

1. Guarantee fees and commissions: The fund earns revenue through fees charged for guaranteeing loans, leases, and other financial obligations for SMEs. The company acts as a quasi-financial institution providing credit enhancement for businesses that lack sufficient collateral. Fees are based on the size and type of guarantee issued.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Fundusz Rozwoju i Promocji Województwa Wielkopolskiego SA (FRIPWW) is a regional guarantee fund that issues surety/collateral guarantees to small and medium-sized enterprises operating in the Wielkopolskie Voivodeship of Poland that lack sufficient collateral for banks. The fund underwrites credit, loan, lease, factoring, bid-deposit, contract-performance, defect-removal, and advance-return guarantees, charging fees per guarantee while accepting only a blank promissory note (weksel in blanco) as security.

Product overview

FRIPWW operates as a regional guarantee fund providing financial guarantees to businesses in Greater Poland Voivodeship. The portfolio includes core guarantee products: contract guarantees for public tenders (Poręczenia kontraktowe do przetargów publicznych), bid bond guarantees (Poręczenia zapłaty wadium), credit and loan guarantees (Poręczenia kredytów i pożyczek), leasing guarantees (Poręczenia leasingów), factoring guarantees (Poręczenia faktoringowe), defect removal guarantees, advance payment return guarantees, and specialized guarantees for social economy entities. The fund also offers re-guarantee lines through partnerships with other regional development funds (WFR-FRIPWW, ARM S.A., DFR-FRIPWW, RFR WŁ-FRIPWW, MFR-FRiPWW) to expand guarantee capacity. Additional services include green economy training and advisory programs funded by EU regional operational programmes.

Differentiator

Problem solved

Functional benefit

Products and services

• Credit and Loan Guarantees (Poręczenia kredytów i pożyczek) Guarantees issued on behalf of SMEs to banks to substitute for insufficient collateral on credit and loan facilities. Issued against only a blank promissory note (weksel in blanco), collected directly at the client's bank with fast decision times.
• Lease Guarantees (Poręczenia leasingów) Guarantees securing leasing agreements covering leased assets, with an individualised approach to each transaction.
• Bid Bond Guarantees (Poręczenia zapłaty wadium) Guarantees that allow companies to participate in tenders without providing their own cash deposits as bid security.
• Public Procurement Contract Performance Guarantees (Poręczenia kontraktowe do przetargów publicznych) Guarantees of due performance of public procurement contracts, enabling businesses to secure government tenders without freezing their own capital.
• Defect Removal Guarantees (Poręczenia usunięcia wad i usterek) Guarantees covering the removal of defects and faults arising under contracted work.
• Advance Payment Return Guarantees (Poręczenia zwrotu zaliczki) Guarantees securing the return of advance payments made under contractual arrangements.
• Factoring Guarantees (Poręczenia faktoringowe) Guarantees supporting factoring transactions that help businesses maintain financial liquidity.
• Guarantees for Social Economy Entities (Poręczenia dla Podmiotów Ekonomii Społecznej) Specialised guarantees designed for non-governmental organisations and social enterprises operating in the region.

Named customers1 record

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Six partnerships are on record, tiered major, minor and core.

• Wielkopolski Fundusz Rozwoju (WFR)majorStrategic or Co-development PartnerFRIPWW operates a re-guarantee line (linia reporęczeniowa) with WFR, where WFR provides counter-guarantee support for guarantees issued by FRIPWW. This re-guarantee facility enables FRIPWW to expand its guarantee capacity and share risk. The partnership has been implemented in multiple editions.
• Agencja Rozwoju Przemysłu S.A. (ARP S.A.)majorStrategic or Co-development PartnerFRIPWW has established a re-guarantee line with ARP S.A. (Armament Agency), allowing ARP to co-guarantee selected transactions. The partnership operates under a dedicated individual guarantee regulation for ARP-related transactions, expanding FRIPWW's product range to include ARP-financed transactions.
• Dolnośląski Fundusz Rozwoju (DFR)minorStrategic or Co-development PartnerFRIPWW operates a re-guarantee line with DFR, enabling cross-regional cooperation and shared risk in guarantee transactions involving clients across multiple voivodeships.
• Łódzki Fundusz Rozwoju (RFR WŁ)minorStrategic or Co-development PartnerFRIPWW has a re-guarantee line with Łódź Regional Development Fund, with at least two editions of the partnership documented (initial and second edition), indicating a sustained collaborative relationship for shared guarantee capacity.
• Marszałkowski Fundusz Rozwoju (MFR)minorStrategic or Co-development PartnerFRIPWW operates a re-guarantee line with Marszałkowski Fundusz Rozwoju, enabling regional guarantee capacity expansion through cross-fund cooperation.
• UMWW – Urząd Marszałkowski Województwa WielkopolskiegocoreStrategic or Co-development PartnerOngoing cooperation with the Marshal's Office of the Wielkopolskie Voivodeship on EU-funded development projects. The partnership involves joint project implementation under regional operational programs, including FERS 2021-2027 and WRPO 2014-2020.

Scale indicators6 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• Korporacja Ubezpieczeń Kredytów Eksportowych (KUKE): Polish export credit insurance corporation providing credit guarantees, surety insurance, and trade credit insurance. While focused on export-related credit, KUKE's surety insurance operations overlap with FRIPWW's contract and bid guarantee products, making it a broader incumbent peer in the Polish guarantee market.
• Bank Gospodarstwa Krajowego (BGK): Polish state development bank and former FRIPWW shareholder that holds the right to appoint one supervisory board member. Operates broadly in SME credit enhancement, depository, and development finance at national scale, providing overlapping capabilities but as part of a much wider portfolio.
• Polski Fundusz Rozwoju (PFR): National Polish development fund offering SME financing instruments, guarantee programs, and capital market support. Operates broadly across all of Poland and across multiple financial product lines, providing overlapping guarantee capabilities at significantly larger scale than FRIPWW.
• Agencja Rozwoju Przemysłu S.A. (ARP): Polish Industrial Development Agency and FRIPWW re-guarantee partner. Operates across industrial financing, restructuring, and SME credit enhancement at national scale, providing broader sector coverage but overlapping guarantee capabilities.

Direct peers

• Łódzki Fundusz Rozwoju (RFR WŁ): Łódź regional development fund operating a multi-edition re-guarantee line with FRIPWW for shared guarantee capacity. Operates an analogous regional mandate and SME-facing guarantee product suite, making it a direct functional peer.
• Wielkopolski Fundusz Rozwoju (WFR): Regional development fund operating in the same Wielkopolskie Voivodeship and serving as FRIPWW's primary re-guarantee partner. WFR provides counter-guarantee support on FRIPWW-issued guarantees, making it the closest functional peer in mandate and product overlap.
• Dolnośląski Fundusz Rozwoju (DFR): Lower Silesian regional development fund that operates a re-guarantee line with FRIPWW, enabling cross-regional guarantee cooperation. As a peer regional fund offering SME credit enhancement, DFR is directly comparable in product offering and customer type.
• Mazowiecki Fundusz Rozwoju (MFR): Masovian regional development fund maintaining a re-guarantee partnership with FRIPWW. Provides comparable SME credit enhancement and guarantee products within a regional development mandate, making it a direct peer in business model and customer segment.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/fripww

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Fundusz Rozwoju i Promocji Województwa Wielkopolskiego