Sachsen KMU- un Technologiefoerderung

Promoter – Financial Intermediary

Sächsische Aufbaubank – Förderbank – (SAB)

Location

• Germany

Description

The project concerns the co-financing of state support schemes under EU Structural Funds for investments in 2004 and 2005 promoted by SMEs.

Objectives

The aim of this project is the support of corporate investment in an objective 1-assisted area. Promoters primarily include SMEs. A portion of the scheme focuses on investments in research, development and innovation.

Comments

Research and Development.

Sector(s)

• Services

Proposed EIB finance (Approximate amount)

EUR 250 million.

Total cost (Approximate amount)

EUR 500 million.

Environmental aspects

The project complies with relevant EU and national environmental legislation.

Procurement

The procurement procedures are in accordance with relevant EU Directives.

Status

Signed - 8/07/2005