Signature(s)
Summary sheet
- Credit lines - Credit lines
The operation aims at supporting investments carried out by small and medium sized enterprises (SMEs) and Midcaps in the Agriculture/Bioeconomy sector in France and other EU countries.
The aim is to enhance access to finance for SMEs and Midcaps in the sector, in particular 30% of total financing will target businesses run by women, 30% the installation of young farmers starting up (for generation change) and 15% Climate Action.
The operation is expected to support EU policy objectives, such as modernisation in the agriculture sector, gender equality, renewable energy and rural development. It also supports the New CAP 2023-2027 that combines inter alia higher environmental, climate and gender inclusion ambitions with a fairer distribution of payments. The project will ease constraints on access to finance faced by SMEs in the agriculture and bioeconomy sectors. The beneficiaries face market failures related to lack of track-record, insufficient farm net asset value to collateralize and high screening costs for small investments. With this in mind, the project will enable SMEs to benefit from financing with tenors that match the economic life of the investment undertaken, as well as from transfer of financial advantage and complementarity that prompts the intermediary to match the EIB contribution. Furthermore, the EIB support will address the issue of gender gaps in finance within the agriculture and bioeconomy sector. Overall, the project can generate positive externalities in terms of climate change mitigation via investments in emissions reduction and environment through circularity. It can also help strengthen EU socio-economic cohesion. This operation supports the agriculture/bioeconomy sector in general.
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.
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).
General enquiries and comments
The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
Alternatively, the EIB can be contacted through its external offices.
Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.
Media enquiries
Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.
Complaints mechanism
Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.
Zero tolerance against fraud and corruption
The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.
Related publications