Release date: 3 May 2018
Promoter – Financial Intermediary
VAEKSTFONDENLocation
Description
The project consists of an equity-type participation in a co-investment platform between the EIB and Vaekstfonden, the Danish state's investment fund, to support the growth of small and medium-sized enterprises (SMEs) and mid-caps in Denmark, whereby the Bank and Vaeksfonden make equity and quasi-equity co-investments into companies selected by Vaekstfonden on a pari passu basis.
Objectives
This project will improve competitiveness and access to finance at favourable conditions for SMEs and mid-caps in Denmark.
Sector(s)
- Credit lines - Credit lines
Proposed EIB finance (Approximate amount)
EUR 75 million
Total cost (Approximate amount)
EUR 1200 million
Environmental aspects
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Procurement
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Status
Signed - 2/07/2019
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).