Public or private limited companies under Luxembourg law whose main place of business is in the Grand-Duchy. Enterprises in competition with other Luxembourg enterprises within the same sector are not, in principle, eligible.
To promote the creation, extension, conversion, reorientation and rationalisation of industrial and commercial enterprises.
Fixing of amounts
Amounts are fixed on a case-by-case basis by the Board of Directors and require approval by the Ministers of Finance and of the Economy. The statutory ceilings - 49% of the enterprise's capital, 10% of SNCI's capital and reserves - are applied unless a special derogation is granted by the government.
SNCI enjoys the same rights as any other shareholder or associate company.
SNCI's equity stakes are, in principle, of limited duration.