The Council of the Capital City of Prague approved the Programme of Repayable Financial Assistance for Expanding the Capacity of Private Secondary Schools in Prague. The information was published on 11 October 2026 by Pražský patriot. The programme has been allocated 300 million koruna, which were returned from the already completed programmes INFIN 2018 and COVID Praha 2020.[1]

Terms

Private secondary schools offering full-time education in Prague may apply for an interest-free loan. The loan is to range from 500 thousand to 30 million koruna. From 2 million koruna, security by pledge or bank guarantee is required. Repayment is to be made quarterly and over no more than ten years.[1]

Schedule

The programme is to be published on the official notice board of Prague City Hall on 4 January 2027. The acceptance of applications is to begin on 8 February 2027 and last until 30 April 2027, or until the funds run out.[1]

The city councillor for finance, budget, funds and business support, Zdeněk Kovářík, said that commercial financing is hard to obtain for smaller schools because of high interest and that the city will get the money back and will be able to use it again.[1]

Chronology

  • — The Capital City of Prague announced that it will provide interest-free loans to private secondary schools to expand capacity, totalling 300 million crowns. Pražský patriot Parlamentní listy

Sources

  1. Pražský patriot — 11 October 2026