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Loan for financing of small and medium-sized projects carried out primarily by SMEs or midcaps, mainly located in Portugal. A part of the loan could be allocated to other small projects promoted by other entities.
The loan is expected to be mainly used - at least 70% - for the financing of small and medium-sized investment projects in eligible sectors carried out by SMEs and midcap enterprises (with up to 3 000 employees), primarily in Portugal but also in other European countries. The proposed EIB loan would promote medium and long-term lending for capital investment, and would contribute to strengthen the productivity and competitiveness of SMEs and midcaps. The majority of projects are expected to be in convergence areas. Some of the projects may contribute to investment in education, industry, service, tourism, energy savings or renewable energy, protection of the environment or research and development.
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.