Date de publication: 13 juillet 2015
Promoteur – Intermédiaire Financier
IP GROUP PLCLieu
Description
The project concerns investments in research and development (R&D) into innovative start-up companies and SMEs. The borrower holds and manages a portfolio of high-tech innovative spin-out companies and small and medium-sized enterprises (SMEs) in five different sectors (energy & renewables; medical equipment & supplies; pharma & biotech; IT & communications; chemicals & materials) in the United Kingdom.
Objectifs
The project supports the growth phase of innovative technology SMEs by ensuring their ability to fund their development programme. It covers activities ranging from pre-seed and seed financing and proof of concept studies to the financing of pilot production or clinical trials. The larger investments, targeted at the more mature portfolio companies, are made on a milestone/tranche basis that matches the companies’ needs for cash with the agreed milestone. The companies included in the project represent a mix of companies in different sectors such as life sciences (pharmaceutical, biotechnology and medical equipment), mechanical engineering and ICT.
Commentaires
InnovFin is an innovative credit-risk-sharing scheme jointly set up by the European Commission and the European Investment Bank to improve access to debt financing for private companies or public institutions promoting activities with a higher financial risk profile in the fields of research, technological development, demonstration and innovation investments.
Secteur(s)
Montant BEI envisagé (montant approximatif)
EUR 39 million (GBP 30 million)
Coût total (montant approximatif)
EUR 130 million (GBP 101 million)
Aspects environnementaux
R&D activities included in the project will not materially change current R&D practice and will be carried out within existing facilities making use of existing laboratories, pilot plants, clinical centres etc. An environmental impact assessment (EIA) by a competent authority according to Directive 2011/92/EU should not be required.
Passation des marchés
The promoter is a private company not operating in the utilities sector and is thus not covered by EU directives on procurement.
Statut
Signé - 7/07/2015
Clause de non-responsabilité
Avant d’être approuvés par le Conseil d’administration et avant la signature des prêts correspondants, les projets font l’objet d’une instruction et de négociations. Par conséquent, les informations et données fournies sur cette page sont indicatives.
Elles sont fournies à des fins de transparence uniquement et ne peuvent être considérées comme représentant la politique officielle de la BEI (voir également les notes explicatives).