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Reference: 20050287
Release date: 1 July 2005

Promoter – Financial Intermediary

Santander Central Hispano, S.A. (SCH).

Location

Description

This global loan will be used to finance RDI projects of limited scale promoted by SMEs, medium-sized companies, consortia or foundations in Spain.

Objectives

The project will contribute to reinforce the productivity and competitiveness of SMEs throughout Spain. It will also support regional development and innovation investments.

Comments

Innovation and Development of the Information Society.

Sector(s)

Proposed EIB finance (Approximate amount)

EUR 60 m. The EIB funding would represent up to 50% of individual allocations, with the possibility of increasing to 75% for selected projects.

Total cost (Approximate amount)

Not applicable.

Environmental aspects

Final beneficiaries will be requested to comply with national and EU Directives, as appropriate.

Procurement

Final beneficiaries will be requested to comply with national and EU Directives, as appropriate.

Status

Signed - 29/05/2006

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).

Related tags

Spain Credit lines