Release date: 4 September 2008
Promoter – Financial Intermediary
SMEs for at least 70% of the facility
Location
Description
Small and medium-scale ventures, promoted by small and medium-sized private companies in industry, tourism, services or infrastructure, including small projects undertaken by micro-companies with less than 10 employees.
Objectives
The proposed credit line would contribute to the promotion of small projects, primarily by SMEs.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 100 million.
Total cost (Approximate amount)
Not applicable.
Environmental aspects
Eligible projects will have to comply with relevant European and national environmental legislation.
Procurement
Where applicable, public procurement procedures will have to be followed and complied with by the final beneficiaries.
Status
Signed - 3/11/2008
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).