As an EU resident looking to obtain startup capital without involving investors or distributing equity, there are several options available that maximize the chances of no payback. One key avenue is government grants and subsidies. The European Union, along with individual member states, offers various grants, particularly for innovation, sustainability, and research-focused businesses. Programs like Horizon Europe and national-level grants can provide substantial funding without requiring repayment. Additionally, rewards-based crowdfunding through platforms such as Kickstarter or Indiegogo allows you to raise funds in exchange for early products or rewards, avoiding equity loss or debt.

Another approach is bootstrapping, where you self-fund through personal savings, early revenue, or side gigs. Participating in startup competitions and contests is also a viable option, as many organizations offer prize money for innovative ideas without expecting any equity in return. In some cases, business incubators and accelerators, such as EIT Digital or Climate-KIC, provide non-equity-based support through mentorship and resources. You can also explore donation-based crowdfunding platforms like GoFundMe or Patreon, where supporters contribute without expecting repayment.

Finally, some EU countries offer bank loans with government backing, which may have forgivable terms or low-interest rates, particularly for innovative or socially impactful businesses. Programs like InnovFin provide access to finance, and repayment can sometimes be deferred or forgiven based on achieving business milestones. By exploring these avenues, you can secure startup capital while minimizing financial risk and avoiding equity dilution.