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    Reference: 20090041
    Release date: 20 October 2009

    Promoter – Financial Intermediary

    Ion Beam Applications - RSFF

    Location

    Description

    The project will cover part of the research and development investment programme in the field of cancer treatment and diagnosis including particule accelerators.

    Objectives

    The objective of the project is to support the promoter R&D program.

    Comments

    The project is eligible under Risk Sharing Finance Facility (RSFF). RSFF 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.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 50 million

    Total cost (Approximate amount)

    EUR 118.00 million

    Environmental aspects

    The R&D activities encompassed within this project will not materially change current R&D practices and will be carried out within existing facilities, making use of existing laboratories, pilot plants, clinical centres etc. Thus an EIA according to the EU Directive 97/11, as amended by Directive 2003/35 is not required.

    Procurement

    The promoter is a private company not operating in the Utilities sector, and is thus not covered by EU Directives on procurement.

    Status

    Signed - 18/12/2009

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
    They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Related tags

    Belgium Industry