Release date: 11 July 2008
Promoter – Financial Intermediary
OSEOLocation
Description
Financing of small-scale investment projects (EUR 3 000 to EUR 8 000) promoted by fledgling micro-enterprises in the industrial and services sectors under the Business Start-up Loans Programme.
Objectives
Support for micro-enterprise start-ups.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 60 million
Total cost (Approximate amount)
Approximately EUR 240 million
Environmental aspects
Compliance with Community directives and national regulations concerning environmental protection is required.
Procurement
Not applicable in view of the SME nature of the operation and the very small size of the investments
Status
Signed - 1/12/2008
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).