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        ELKARGI SMALL MIDCAP SUPPORT

        Summary sheet

        Release date
        22 September 2023
        Reference
        20220897
        Project name
        Promoter - financial intermediary
        ELKARGI SMALL MIDCAP SUPPORT
        ELKARGI SGR
        Proposed EIB finance (Approximate amount)
        Total cost (Approximate amount)
        EUR 50 million
        EUR 140 million
        Location
        Sector(s)
        Description
        Objectives

        The project consists in a linked risk sharing operation to support small mid-caps in Spain operating in EIB's eligible sectors.

        The aim is to provide eligible beneficiaries with the much needed liquidity and funds to weather the current challenging economic environment and continue their medium to long-term development.

        Environmental aspects
        Procurement

        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.

        Related projects
        Parent project
        GROWTH4MIDCAPS LENDING ENVELOPE

        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 Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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