Summary sheet
- Credit lines - Credit lines
Programme loan to finance investments of eligible mid-caps and, to a lesser extent, small and medium-sized enterprises (SMEs) with high financing needs. The programme will focus on innovative and high value-added projects mainly in Italy. Potentially up to 30% of the programme loan could finance eligible projects in Slovenia, Croatia, Malta as well as other EU countries.
The programme loan aims at accelerating and further mobilising private sector investments, enhancing the competitiveness and sustainability of mid-caps and SMEs investment plans in the future. It is also expected to contribute to social development, especially in cohesion areas, supporting the creation of new jobs.
The projects to be financed under this programme loan will most likely concern investments expected to be carried out in existing facilities already authorised and would therefore not require an Environmental Impact Assessment (EIA) as defined in the Directive 2014/52/EU amending the EIA Directive 2011/92/EU2011/92/EU. However, for each sub-operation, the Bank's services will review during the project appraisal whether any of the concerned projects could fall under the EIA Directive, as well as any other environmental details of the project.
The promoters will be private companies not operating in the Utilities sector and not having the status of contracting authority. Thus they are not covered by EU directives on procurement.