Reference:
20140086
Release date: 23 October 2014
Release date: 23 October 2014
Promoter – Financial Intermediary
SPECIAL PURPOSE ENTITY(IES) AND FUND(S)Location
Description
Programme facility for funding of equity and loan funds set up in several UK regions to support SMEs (including micro-enterprises) and Mid-caps.
Objectives
EIB's participation in the proposed funding vehicles will enable SMEs to access long-term funding, including mezzanine and equity, not readily available through commercial banks.
Comments
Sector(s)
- Credit lines - Credit lines
Proposed EIB finance (Approximate amount)
GBP 416 million (EUR 552 million)
Total cost (Approximate amount)
not applicable
Environmental aspects
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Procurement
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Status
Approved - 3/02/2015