Release date: 17 February 2004
Promoter – Financial Intermediary
Crédit d’Équipement des PME.Location
Description
Part-financing of small-scale ventures (around EUR 25 000 on average) promoted by start-up micro-enterprises in the industrial and service sectors, under the "Business Start-up Loans" programme.
Objectives
Support for start-up micro-entreprises.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 60 million.
Total cost (Approximate amount)
Approx. EUR 230 million.
Environmental aspects
Compliance with Community directives and national regulations on environmental protection is required.
Procurement
Not applicable in view of the nature of SMEs and the very small size of investments.
Status
Signed - 10/09/2004
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).