Signature(s)
Amount
€ 50,000,000
Countries
Sector(s)
Spain
: € 50,000,000
Credit lines
: € 50,000,000
Signature date(s)
23/09/2005 : € 50,000,000
Link to source
Data sheet
Other links
Summary sheet
Release date
11 April 2005
Status
Reference
Signed | 23/09/2005
20050081
Project name
Promoter - financial intermediary
Luzaro Innovation Global Loan I
LUZARO ESTABLECIMIENTO FINANCIERO DE CREDITO SA
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 50 million. The EIB funding would represent up to 50% of individual allocations.
Not applicable.
Location
Sector(s)
Description
Objectives
The global loan will be used to finance projects of limited scale promoted by SMEs in the Basque Country of Spain, most of them innovative projects.
The project will contribute to reinforce the productivity and competitiveness of SMEs throughout the Basque Country in Spain, which is an assisted Objective 2 area. It will also support regional development and innovation investments.
Environmental aspects
Procurement
Final beneficiaries will be requested to comply with national and EU Directives, as appropriate.
Final beneficiaries will be requested to comply with national and EU Directives, as appropriate.
Comments
Innovation and the development of the information society.
Link to source
Summary sheet
Other links
Data sheet