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The project will finance scale projects carried out by small and medium-sized enterprises (SMEs) and mid-caps with high relevance in terms of sustainability and/or social impact.
The aim is to enable access to finance for the target beneficiaries.
The project supports the financing of small-scale projects carried out by SMEs and Mid-Caps with a particular focus on sustainability and/or social impact in the Netherlands, Belgium and Germany. The project makes a very good policy contribution as it addresses constraints in access to finance for SMEs and Mid-Caps and gears attention to Climate Action & Environmental Sustainability (CA&ES) and social impact. The expected results include improvement in access to finance and financing conditions for final beneficiaries, especially the frontrunners in the targeted policy areas of social impact and CA&ES, as well as additional advantages, such as sector certification. The EIB has played a cornerstone role in the scheme and is thus sending a signal to the market on the viability of projects built around CA&ES and social impact.
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.