The European Investment Bank (EIB) has signed a €50 million loan agreement with finance&invest.brussels, the regional promotional institution of the Brussels Capital Region. This support will enable them to make up to €140 million in new financing available to local SMEs and Mid-Caps under favourable conditions. By reducing collateral requirements and improving lending terms, finance&invest.brussels helps entrepreneurs access the financing they need to grow their businesses and create jobs.
The European Investment Bank (EIB) is providing Belgian satellite manufacturer Aerospacelab with €37.5 million in financing to support the company’s research and development and to reinforce the European Union’s strategic autonomy in space technologies. For Aerospacelab the financing is part of their recently announced Series B funding round. The operation is backed by InvestEU, the EU’s flagship programme to mobilise over €372 billion in additional investment from 2021 to 2027.
The European Investment Bank (EIB) has provided €250 million in financing to Nexans, a global leader in cable system design, manufacturing and associated services. The loan will back Nexans’ research, development and innovation programmes for 2024-2029, together with some industrial investments.
