Release date: 4 May 2016
Promoter – Financial Intermediary
ACCEPTABLE BANK(S)Location
Description
Dedicated EIB facility to finance small and medium-sized eligible investments promoted by riskier small and medium-sized enterprises (SMEs) or Mid-Caps, including Start-ups and self-employed, and other SMEs and Mid-Caps creating training and/or employment opportunities.
Objectives
The main objective of this initiative is to support SMEs and Mid-Caps (in particular riskier SMEs) which promote the creation and maintenance of jobs, with a special focus on Start-ups, self-employed and youth employment.
Sector(s)
- Credit lines - Credit lines
Proposed EIB finance (Approximate amount)
EUR 300 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 - 16/06/2016
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).