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    Signature(s)

    Amount
    € 15,000,000
    Countries
    Sector(s)
    Spain : € 15,000,000
    Services : € 15,000,000
    Signature date(s)
    28/05/2021 : € 15,000,000
    Link to source

    Summary sheet

    Release date
    2 July 2021
    Status
    Reference
    Signed | 28/05/2021
    20200934
    Project name
    Promoter - financial intermediary
    RED POINTS (EGF VD)
    RED POINTS SOLUTIONS SL
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 15 million
    EUR 32 million
    Location
    Sector(s)
    Description
    Objectives

    RedPoints is a Barcelona-based start-up whose proprietary software for intellectual property (IP) and brand protection assists small and medium-sized enterprises (SMEs) and larger companies in fighting counterfeiting and copyright infringement.

    The objectives of the EIB financing are to support the company to mitigate the impact from the COVID-19 pandemic and to execute its growth investments, mainly in research and development (R&D) and commercial expansion.

    Environmental aspects
    Procurement

    The project activities do not fall under the Annexes I or II of the EU Directive2014/52/EU amending the EIA Directive 2011/92/EU. The project will be carried out in existing facilities, already authorised, that will not change their scope due to the project. As such, the project activities are not subject to a mandatory environmental Impact assessment (EIA).

    The Promoter is a private company not operating in the utilities sector and not having the status of a contracting entity, and thus is not subject to EU rules on public procurement. Under these conditions, the procurement procedures followed by the Promoter are suitable for the project.

    Link to source
    Summary sheet

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
    They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

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