Signature(s)
Summary sheet
- Credit lines - Credit lines
The project concerns a loan dedicated to small and medium size investments carried out in the tourism sector by small and medium size enterprises and mid-caps in Austria.
Financing of small and medium projects carried out by small and medium sized enterprises and mid-caps in the tourism sector in Austria.
The operation predominantly addresses access to finance constraints facing SMEs and Midcaps in the Austrian tourism sector. Implementation is handled by an intermediary (OHT) with in-depth experience with implementing EIB projects in the sector. The operation will sustain employment in the targeted sector and the operation is aligned with the EIB's Climate Action Strategy through a significant climate action target. EIB's contribution to a successful implementation of the project is based on an attractive pricing and a signalling effect that may help crowd in additional financing.
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.