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Dedicated EIB loan for small and medium-sized enterprises (SMEs) and Mid-caps to finance small and medium-sized projects, mainly in Spain but also in other EU countries. The loan complements with funding a 50% guarantee to be granted from joint EU Structural Funds, EIB and EIF resources under the SME Initiative (SMEI).
Part of the loan will support innovative SMEs co-financed by Horizon 2020 funds under SMEI. Up to EUR 50m will support eligible small investments in the health sector promoted primarily by self-employed health sector practitioners and SMEs, private health institutions, and pharmacies.
The Bank will require that projects financed under this operation comply with domestic and EU applicable legislation, as appropriate.
The Bank will require that projects financed under this operation comply with domestic and EU applicable legislation, where applicable.