Brussels SME Growth and Occupation

Promoter – Financial Intermediary

Société Régionale d’Investissement de Bruxelles

Location

• Belgium

Description

Co-financing with commercial banks of projects promoted by independent SME’s in the Brussels region in the fields of industry and services, including investment projects in energy, environment education and health.

Objectives

Strengthening the SME sector in the Brussels region, representing some 99% of all companies and close to 30% of the workforce.

Sector(s)

• Credit lines

Proposed EIB finance (Approximate amount)

Up to EUR 50 million.

Total cost (Approximate amount)

Not applicable.

Environmental aspects

Final beneficiaries (SME’s) will be requested to comply with EU and national legislation on environmental protection.

Procurement

Final beneficiaries (SME’s) will be requested to comply with EU procurement procedures, whenever applicable.

Status

Signed - 9/03/2006