Category Archives: Small Business

Small Business Press Releases & News distributed via EuropaWire

European Small and Mid-Cap Awards Honor Outstanding SMEs in Budapest

(IN BRIEF) The 12th European Small and Mid-Cap Awards, held during the SME Assembly in Budapest, celebrated exceptional SMEs that accessed capital markets through IPOs over the past two years. Organized by FESE, EuropeanIssuers, and the European Commission, the awards … Read the full press release

EIB Global and EU Unveil €70M Initiative to Empower Armenian MSMEs and Foster Sustainable Growth

(IN BRIEF) EIB Global and the European Commission have launched a €70 million financing package to support Armenian MSMEs. The package includes €58.5 million in loans to three financial institutions—Inecobank, ArmSwissBank, and Farm Credit Armenia—and an €11 million grant to … Read the full press release

New EIBG and Solar Impulse Initiative Helps European SMEs Boost Energy Efficiency and Cut Costs

(IN BRIEF) The European Investment Bank Group (EIBG), European Commission, and Solar Impulse Foundation have partnered to launch an initiative supporting small and medium-sized enterprises (SMEs) in Europe with energy efficiency investments. By facilitating access to clean technologies through innovative … Read the full press release

Haspa Secures €100 Million EIB Loan to Drive Investments in Sustainable Projects for Small and Medium Businesses

(IN BRIEF) Haspa will receive €100 million from the European Investment Bank to finance small businesses and mid-sized companies in northern Germany, with a focus on renewable energy and energy efficiency projects. This funding will unlock up to €280 million … Read the full press release

EIF Invests €90 Million to Boost Portugal’s Tech Start-ups and Strengthen Cybersecurity

(IN BRIEF) The European Investment Fund (EIF) has committed €90 million to three venture capital funds focused on accelerating the growth of tech start-ups in Portugal’s deep tech and cybersecurity sectors. This investment, announced at the 2024 Web Summit in … Read the full press release

SIX Group to Acquire Aquis Exchange in Strategic Move to Strengthen European Exchange Capabilities

(IN BRIEF) SIX Group has reached an agreement to acquire Aquis Exchange in a cash offer valued at 727 pence per share. The acquisition, which will enhance SIX’s European exchange capabilities, combines Aquis’s next-generation technology with SIX’s existing trading, data, … Read the full press release

EIF and Lithuania’s ILTE Launch €191.6 Million Initiative to Boost Business Financing Through Private Credit Funds

(IN BRIEF) The European Investment Fund (EIF) and Lithuania’s national development institution, UAB ILTE, are investing €191.6 million to support private credit funds, providing alternative financing for Lithuanian businesses. With equal contributions of €95.8 million each, the partnership aims to … Read the full press release

EBRD and EU Launch €120M SME Go Green Programme to Boost Sustainable Investments in Serbia

(IN BRIEF) The EBRD, with EU support, has launched the SME Go Green programme to finance green economy investments for small and medium-sized enterprises (SMEs) in Serbia and the Western Balkans. Starting with €120 million in funding, with plans to … Read the full press release

SACE and Eni Partner to Drive ESG Transformation for Italian SMEs through Integrated Open-es Alliance

(IN BRIEF) SACE and Eni have formed a strategic partnership to boost the sustainability and competitiveness of Italian businesses, particularly SMEs. Through the integration of SACE’s ESG Hub and Eni’s Open-es platform, the alliance will provide companies with enhanced tools … Read the full press release

EBRD and OTP Bank Moldova Launch €30 Million Financing Boost for Moldovan MSMEs, Focusing on Agriculture and Trade

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has introduced a pioneering risk-sharing facility in Moldova with OTP Bank, enabling €30 million in new financing aimed at supporting the country’s MSMEs, particularly in agriculture and trade. This EU-backed … Read the full press release

Crédit Agricole Leasing & Factoring Strengthens German Market Presence with Merca Leasing Acquisition

(IN BRIEF) Crédit Agricole Leasing & Factoring (CAL&F) has signed a Share Purchase Agreement to acquire Merca Leasing, a leading independent leasing company in Germany, pending regulatory approvals. This acquisition aligns with CAL&F’s strategy to enhance its presence in the … Read the full press release

Siemens and CELUS Unite to Transform PCB Design for Engineers and SMBs with AI Automation

(IN BRIEF) Siemens Digital Industries Software has partnered with CELUS to bring AI-driven automation to PCB design, providing an accessible, cost-effective solution for small and medium-sized businesses (SMBs) and independent engineers. This collaboration combines Siemens’ advanced PCB design technology with … Read the full press release

Vienna Insurance Group Launches Cyber Risk Solutions to Strengthen Cybersecurity for SMEs

(IN BRIEF) Vienna Insurance Group (VIG) has launched Cyber Risk Solutions GmbH (CyRiSo) to support small and medium-sized businesses in managing cyber risks. CyRiSo provides a range of services, including risk assessments, incident response, and ransomware protection, helping clients mitigate … Read the full press release

Adyen and BCG Report Highlights $185 Billion Growth Potential for SaaS Platforms in Embedded Finance

(IN BRIEF) A joint report from Adyen and Boston Consulting Group (BCG) reveals a $185 billion market opportunity for Software-as-a-Service (SaaS) platforms through embedded finance, showing a 25% increase since 2022. Driven by favorable interest rates and increased demand from … Read the full press release

Portuguese Startup Outlaw Parts Culture Launches Online Store, Revolutionizing Classic Car Parts Shopping

(IN BRIEF) Outlaw Parts Culture, a leading supplier of premium classic Volkswagen car parts, has launched its new online platform, offering a comprehensive destination for Volkswagen and Porsche enthusiasts. The store features over 10,000 carefully curated parts, including engine components, … Read the full press release

EIF Unlocks €500 Million to Support Romanian SMEs with Competitive and Sustainable Financing

(IN BRIEF) The European Investment Fund (EIF) has finalized agreements with seven Romanian banks, unlocking an additional €500 million in financing for small and medium-sized enterprises (SMEs) in Romania. The agreements will allow banks to offer SMEs better loan terms, … Read the full press release

EU Businesses Lead Climate and Digital Investments Despite Economic Challenges, EIB Survey Shows

(IN BRIEF) The European Investment Bank’s (EIB) 2024 Investment Survey reveals that over 60% of EU companies have already invested in climate change mitigation and adaptation, while more than 70% have embraced digital transformation. The survey, covering 12,000 firms across … Read the full press release

EIB and Deutsche Leasing Partner to Boost Green Transformation of Small Businesses with €200 Million Financing

(IN BRIEF) The European Investment Bank (EIB) and Deutsche Leasing have signed the second tranche of a €560 million project to support the green transformation of small and medium-sized enterprises (SMEs) and mid-caps in Germany and Eastern Europe. With €200 … Read the full press release

New €86M EIF and Malta Initiative to Boost SME Competitiveness and Unlock €60M in Investments

(IN BRIEF) The European Investment Fund (EIF) and the Government of Malta have launched a new €86 million initiative to support small and medium-sized enterprises (SMEs) in Malta. The first phase involves a €30 million guarantee through Bank of Valletta, … Read the full press release

EIB and KCB Partner to Boost Kenyan SMEs, Empower Women and Youth with €230M Investment

(IN BRIEF) The European Investment Bank (EIB Global) and KCB Bank Kenya have formed a €230 million (KShs. 32 billion) partnership to support small and medium enterprises (SMEs), with a focus on women and youth-led businesses in Kenya. The investment, … Read the full press release

EIF and LfA Förderbank Bayern Partner to Unlock €400 Million in Financing for Bavarian SMEs’ Innovation and Sustainability

(IN BRIEF) The European Investment Fund (EIF) has partnered with LfA Förderbank Bayern to expand a guarantee programme aimed at supporting small and medium-sized enterprises (SMEs) in Bavaria. With a €13 million counter-guarantee from the EIF, the programme will enable … Read the full press release

International Partners Drive Ukraine’s Reconstruction and Resilience Through EC-EIB-UNDP Collaboration

(IN BRIEF) The “United in Ukraine’s Recovery” conference in Brussels brought together the European Commission, the European Investment Bank (EIB), the United Nations Development Programme (UNDP), and Ukrainian local authorities to discuss ongoing reconstruction efforts. The partnership has been instrumental … Read the full press release

New Guarantee Agreement Empowers Danish SMEs to Pursue Green Investments

(IN BRIEF) The European Investment Fund (EIF) and Ringkjøbing Landbobank have entered a groundbreaking guarantee agreement to facilitate DKK 320 million in funding for green investments by Danish small and medium-sized enterprises (SMEs) and mid-caps. Supported by the European Commission’s … Read the full press release

Strengthening Collaboration: CEB and EIB Group Unite to Tackle Social Challenges in Europe

(IN BRIEF) On October 14, 2024, the Council of Europe Development Bank (CEB) and the EIB Group, which comprises the European Investment Bank (EIB) and the European Investment Fund (EIF), convened in Paris to enhance collaboration in tackling the growing … Read the full press release

EIB and IKB Join Forces to Unlock €400 Million in Sustainable Financing for Germany’s Mid-Cap Companies

(IN BRIEF) The European Investment Bank (EIB) and IKB Deutsche Industriebank AG have launched a partnership to support sustainable finance for mid-cap companies in Germany, introducing a new loan portfolio of €400 million. This initiative is aimed at firms with … Read the full press release

EIB and IKB Partner to Launch €400 Million Sustainable Financing Initiative for Mid-Sized Companies in Germany

(IN BRIEF) The European Investment Bank (EIB) and IKB Deutsche Industriebank AG (IKB) have launched a strategic partnership aimed at enhancing access to sustainable financing for mid-cap companies in Germany. This initiative includes a €400 million loan portfolio, where the … Read the full press release

EIB Grants €150 Million Loan to Pekao Leasing to Boost Financing for Polish SMEs and Green Initiatives

(IN BRIEF) The European Investment Bank (EIB) has granted a €150 million loan to Pekao Leasing to bolster financing for small and medium-sized enterprises (SMEs) in Poland, with a focus on less-developed regions and a minimum of 20% allocated to … Read the full press release

Report Highlights the Urgent Need for Strategic Measures to Enhance Resilience and Competitiveness of EU Firms Amid Supply Chain Challenges

(IN BRIEF) The European Investment Bank (EIB) has released a report titled “Navigating Supply Chain Disruptions: New Insights on the Resilience and Transformation of EU Firms,” in collaboration with the European Commission’s Directorate-General for Internal Market, Industry, Entrepreneurship, and SMEs. … Read the full press release

Euronext’s ELITE Ecosystem Launches First Cohort of French Companies to Drive Sustainable Growth

(IN BRIEF) Euronext’s ELITE ecosystem has launched its first cohort of five French companies, aimed at supporting their sustainable growth and enhancing their access to capital markets. This marks a significant milestone for ELITE, which now includes over 2,300 companies … Read the full press release

Empowering Small-Scale Farmers: How Solidaridad is Transforming Coffee Production

(IN BRIEF) On World Coffee Day, Solidaridad highlights its ongoing commitment to supporting small-scale coffee farmers as they transform into climate advocates and community leaders. Since launching the world’s first Fairtrade coffee in Mexico in the 1980s, Solidaridad has tackled … Read the full press release

Santander X Expands to Offer Free Training and Discounts for SMEs and Entrepreneurs

(IN BRIEF) Santander has expanded its Santander X platform for SMEs, startups, and entrepreneurs, offering free training and discounts on essential business services. The initiative aims to support companies in adapting to the challenges of the digital market. Registration is … Read the full press release

NIB Invests €10 Million in Spar Nord Bank’s Green MREL-Eligible Bond to Boost Danish SME Financing

(IN BRIEF) The Nordic Investment Bank (NIB) has invested €10 million in a €250 million, 6-year Green MREL-eligible bond issued by Denmark’s Spar Nord Bank. This bond helps the bank meet EU regulatory requirements for loss absorption and capital recovery … Read the full press release

European Investment Fund Supports Icelandic SMEs with Up to €100 Million in New Funding via Arion Bank

(IN BRIEF) The European Investment Fund (EIF) has partnered with Arion Bank to provide up to €100 million in new lending to around 40 small and medium-sized enterprises (SMEs) and Small Mid-Caps in Iceland. Backed by the European Commission’s InvestEU … Read the full press release

Top African Venture Capital Leaders Recognized for Transforming Start-up Ecosystem at Oxford Programme

(IN BRIEF) At the Africa Venture Finance Programme hosted by Oxford University’s Saïd Business School, top African venture capital fund managers were recognized for their contributions to supporting start-ups across the continent. Awards were given to First Circle Capital, SpeedInvest, … Read the full press release

BT Group Unveils £4 Million Apprenticeship Fund to Strengthen SME Workforce and Drive Economic Growth

(IN BRIEF) BT Group has launched a £4 million Apprenticeship Fund aimed at helping small and medium-sized enterprises (SMEs), charities, and public sector organizations in England. Over the next four years, the fund will support these entities by providing access … Read the full press release

Barclays Cuts Interest Rates on Green Loans to Help UK Farmers Transition to Net Zero

(IN BRIEF) Barclays has reduced interest rates on four of its Green Loans for Business to support UK agriculture and SMEs in their efforts to reduce emissions and enhance biodiversity. This move is part of Barclays’ commitment to financing the … Read the full press release

EIB and SGEF Poland Join Forces with €200 Million Financing for SMEs and Climate Action

(IN BRIEF) The European Investment Bank (EIB) is providing €100 million to SG Equipment Leasing Polska (SGEF Poland) to support Polish SMEs, with SGEF Poland expected to generate €200 million in total financing. At least 20% of the funds will … Read the full press release

EIB Approves €5.3 Billion for Climate Resilience, Urban Innovation, and Business Growth

(IN BRIEF) The European Investment Bank (EIB) has approved €5.3 billion in new funding to enhance climate resilience, urban development, and business innovation across Europe and beyond. The investments include €3.5 billion for smart city projects and sustainable infrastructure, €1.4 … Read the full press release

Ukrgasbank and PrivatBank Join EBRD’s €700 Million Energy Security Initiative in Ukraine

(IN BRIEF) Ukrgasbank and PrivatBank are the first two Ukrainian banks to join the European Bank for Reconstruction and Development’s (EBRD) Energy Security Support Facility (ESSF), unlocking €700 million in loans for energy security projects. The EBRD will provide risk-sharing … Read the full press release

Schneider Electric Launches Free Zeigo™ Activate Lite for Simplified Emissions Management

(IN BRIEF) Schneider Electric has introduced Zeigo Activate Lite, a free version of its emissions management platform, designed to help businesses—especially SMEs—track and reduce their carbon emissions. The software allows users to establish emissions baselines, set decarbonization goals, and calculate … Read the full press release