Investment in research, development and innovation (RDI) in Germany, Switzerland and Lichtenstein focusing on high technology areas.
Objectives
Knowledge Economy - Research and Development and Innovation
Comments
The Risk Sharing Finance Facility (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)
Industry
Proposed EIB finance (Approximate amount)
EUR 150 million
Total cost (Approximate amount)
EUR 359 million
Environmental aspects
The RDI activities are expected to be carried out in existing R&D centres already authorised and will not change their scope due to the project; an EIA is therefore not needed as per EIA Directive 85/337/EC, amended by Directives 97/11/EC and 2000/35/EC; however the Bank's services will further investigate all the environmental details during the due diligence.
Procurement
The promoter is a private company not operating in the utilities sector, and is thus not covered by EU Directives on procurement.
Status
Approved
-
18/09/2012.
Disclaimer
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. Therefore data provided on this page is indicative and cannot be considered to represent official EIB Policy (see also the Explanatory notes).
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Zero-tolerance against fraud and corruption
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The Risk Sharing Finance Facility (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.