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The project consists of an EIB programme loan to finance investments of eligible midcaps and small and medium-sized enterprises (SMEs) with a focus on innovative companies in Belgium, the Netherlands, and Luxembourg (the BENELUX countries).
This programme loan will improve competitiveness and access to finance for SMEs and mid-caps.
The projects to be financed under this programme loan will most likely concern investments expected to be carried out in existing facilities already authorised and would therefore not require an Environmental Impact Assessment (EIA) as defined in the Directive 2014/52/EU amending the EIA Directive 2011/92/EU2011/92/EU. However, for each sub-operation, the Bank's services will review during the project appraisal whether any of the concerned projects could fall under the EIA Directive, as well as any other environmental details of the project.
The promoters will be private companies not operating in the Utilities sector and not having the status of contracting authority. Thus they are not covered by EU directives on procurement.