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Reference: 20090041
Release date: 20 October 2009

Promoter – Financial Intermediary

Ion Beam Applications - RSFF

Location

Description

The project will cover part of the research and development investment programme in the field of cancer treatment and diagnosis including particule accelerators.

Objectives

The objective of the project is to support the promoter R&D program.

Comments

The project is eligible under Risk Sharing Finance Facility (RSFF). RSFF is an innovative credit risk sharing scheme jointly set up by the European Commission and the European Investment Bank to improve access to debt financing for private companies or public institutions promoting activities with a higher financial risk profile in the fields of research, technological development, demonstration and innovation investments.

Sector(s)

Proposed EIB finance (Approximate amount)

EUR 50 million

Total cost (Approximate amount)

EUR 118.00 million

Environmental aspects

The R&D activities encompassed within this project will not materially change current R&D practices and will be carried out within existing facilities, making use of existing laboratories, pilot plants, clinical centres etc. Thus an EIA according to the EU Directive 97/11, as amended by Directive 2003/35 is not required.

Procurement

The promoter is a private company not operating in the Utilities sector, and is thus not covered by EU Directives on procurement.

Status

Signed - 18/12/2009

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

Belgium Industry