National · Poland · Bank Gospodarstwa Krajowego (BGK), financed from the Polish Recovery and Resilience Plan (KPO)
The Security and Defence Fund is a roughly PLN 22.5 billion KPO instrument, the first of its kind in the EU, split into a loan leg run by BGK and an equity leg run by Chrobry S.A. The enterprise loan window opened on 6 July 2026 as a continuous intake, offering PLN 10-300 million loans at interest from 1% per year, repayment up to 20 years with a 12-month grace period and no fees or commissions. Eligible projects cover military and dual-use production, energy continuity, critical infrastructure protection and cybersecurity.
The cheapest large-scale debt available to Polish defence and dual-use manufacturers: 1% money for up to 20 years covering up to 100% of project costs. First-come, first-served until the PLN 2.5 billion tranche is exhausted.
Danish Ministry of Defence / Danish Ministry of Defence Acquisition and Logistics Organisation (FMI/DALO)
The single largest pot of near-term Danish defence procurement money, with an explicit invitation for industry to propose what to buy. Speed to fielding is the main selection criterion.
German Federal Government (BMVg and BMI)
One of very few German vehicles paying companies directly for security and defence-relevant research, with multi-million-euro phased contracts. Procurement-law process means longer lead times; watch the partnering events.
Next deadline 6 Oct
Industrial Development Agency (Agencja Rozwoju Przemysłu S.A.), Polish state development agency
A flexible state lender willing to bank defence-industry companies that commercial banks often avoid, useful for contract financing and liquidity in scaling defence production. No fixed calls: financing is negotiated case by case.