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    DCTA Initiative East

    Supporting small businesses in Georgia, Moldova and Ukraine

    23 February 2024

    The Deep and Comprehensive Free Trade Area (DCFTA) Initiative East provides targeted financial and technical support to small and medium-sized enterprises (SMEs). The initiative aims to:

    • increase competitiveness,
    • modernise local economies, and
    • sustain employment.

    DCFTA Initiative East is available for the countries that have signed an association agreement with the European Union, specifically:

    How it works

    DCFTA Initiative East supports economic growth and job growth in the selected countries. The initiative enhances access to finance in the form of improved lending terms and conditions. It specifically provides first loss SME portfolio guarantees, enabling local intermediary banks to take on more risk and reach out to underserved segments of the economy.

    DCFTA Initiative East consists of:

    European Union


    The Deep and Comprehensive Free Trade Area (DCFTA) Initiative East is part of the European Commission’s wider EU4Business initiative, which brings together EU-funded programmes supporting SME development and improving the business environment in the Eastern Partnership region.

    How to get support

    Contact the EIB Information Desk for enquiries regarding the financing facilities, activity, organisation and objectives of the EIB.

    EIB Global

    For more than 50 years, the EIB has been the European Union’s international development bank. Our key investments across the world help create stability, promote sustainable growth and fight climate change everywhere.