(IN BRIEF) The University of Bristol is spearheading a pioneering £1.8 million program, called Future Finance for All, aimed at accelerating innovation adoption in small and medium-sized enterprises (SMEs) and mid-tier financial services firms. Backed by Innovate UK and the … Read the full press release
Posted in Business, Education, Financial, Industrial, Investment, Management, News, Small Business, Technology, United Kingdom
Tagged Economic and Social Research Council (ESRC), FinTech West, Future Finance for All, Innovate UK, INNOVATION, Jonathan Beaverstock, Marty Reid, partnership, Professor Sharon Collard, SETsquared, Small Financial Services Firms, SMEs, Stuart Harrison, University of Bristol
(IN BRIEF) Villaggio Turistico Internazionale, a popular resort in northern Italy, has partnered with Vodafone to strengthen its cybersecurity defenses. The resort, which hosts up to 3,500 visitors daily, sought a unified solution to protect its infrastructure, personal data, and … Read the full press release
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is extending a US$ 109 million loan to Turkiye İş Bankası (İşbank), the largest private bank in Türkiye, to aid businesses and individuals affected by the devastating earthquakes that hit … Read the full press release
Posted in Banks, Business, Financial, Small Business, Türkiye
Tagged Arthur Poghosyan, earthquakes, EBRD, Gamze Yalçın, İşbank, Türkiye, Türkiye Disaster Response Framework, Turkiye İş Bankası
(IN BRIEF) The EIB Group, comprised of the European Investment Bank (EIB) and European Investment Fund (EIF), has invested €360 million in a new asset-backed securities (ABS) issuance with Banco Santander. The investment will support working capital and liquidity needs … Read the full press release
Posted in Banks, Energy, Gas & Oil, Environment, European Union, Financial, Industrial, Infrastructure & Utilities, Small Business, Spain, Technology
Tagged ABS issuance, asset-backed securities, Banco Santander. This investment, EIB, EIF, European Investment Bank, European Investment Fund, Green Projects, Marjut Falkstedt, Ricardo Mourinho Félix, Santander Consumo 5 securitisation fund, SMEs, The EIB Group
(IN BRIEF) Bosch has developed OfficeOn, a cloud-based software solution designed for smaller trade businesses to digitally manage key company processes. It aims to reduce administrative workload and streamline tasks like creating offers, invoices, coordinating schedules, and time management. The … Read the full press release
Posted in Business, Germany, Industrial, Internet & Online, Management, News, Small Business, Technology
Tagged Bosch, OfficeOn, Small Trade Businesses, Streamlined Cloud Software
(IN BRIEF) The KfW ifo Credit Constraint Indicator for Germany shows that financial institutions responded more cautiously to loan applications from corporate customers in the second quarter after easing credit access in the first quarter. Among SMEs, 25.6% experienced restrictive … Read the full press release
Posted in Banks, Business, Financial, Germany, Industrial, Investment, Management, News, Security & Safety, Small Business
Tagged Cautious, Corporate customers, Dr Fritzi Köhler-Geib, KfW, KfW ifo Indicator, Loan Negotiations, SMEs
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is launching its Youth in Business Programme in Albania, aimed at supporting young entrepreneurs’ financial inclusion. The program will provide a €1 million loan to Union Bank for lending to … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Management, News, Small Business, United Kingdom
Tagged Albania, Business Programme, EBRD, Ekaterina Solovova, financial inclusion, Flutura Veipi, SMEs, Union Bank, young entrepreneurs, YOUTH
(IN BRIEF) The University of York and the Federation of Small Businesses (FSB) have initiated a research project aimed at understanding the impact of female business owners and entrepreneurs on the regional and national economy. The study will examine the … Read the full press release
(IN BRIEF) The European Investment Fund (EIF) and Banco Santander have signed an InvestEU portfolio guarantee agreement worth €200 million to support small and medium-sized enterprises (SMEs) and small mid-caps in Spain and other EU countries. With this guarantee, Banco … Read the full press release
Posted in Banks, Business, Environment, Financial, Industrial, Investment, Management, News, Small Business, Technology, United Kingdom
Tagged Banco Santander, digital innovations, EIF, InvestEU, Marjut Falkstedt, Paolo Gentiloni, partnership, small Mid-Caps, SMEs, Spain, sustainability
(IN BRIEF) The European Investment Fund (EIF) has signed a portfolio guarantee with SG Equipment Finance to support up to €25 million in new lending for innovative SMEs and small Mid-Caps in Czechia and Slovakia. The financing, backed by the … Read the full press release
Posted in Business, Financial, Investment, Management, News, Small Business, Technology, United Kingdom
Tagged CZECH, digital transition, EIF, InvestEU, investment, Marjut Falkstedt, partnership, Petr Němec, SG Equipment Finance, SLOVAK, small Mid-Caps, SMEs
(IN BRIEF) Allianz Global Corporate & Specialty (AGCS) and the commercial insurance businesses of local Allianz entities will now trade under the name “Allianz Commercial” as a single go-to-market business. This new global model offers insurance solutions for mid-sized businesses, … Read the full press release
Posted in Business, Financial, Germany, Insurance, Management, News, Small Business
Tagged Allianz, Allianz Commercial, Chris Townsend, Joachim Mueller, partnership, SMEs
(IN BRIEF) The European Investment Bank (EIB) and Bulgarian Development Bank (BDB) have signed a €175 million loan agreement to improve access to finance for small and medium-sized enterprises (SMEs) and mid-caps in Bulgaria. The loan aims to support companies … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Industrial, Investment, Management, News, Small Business, Technology, United Kingdom
Tagged Assen Vassilev, Bulgaria, Bulgarian Development Bank, digitalization, economy, European Investment Bank, financing, Iliya Karanikolov, INNOVATION, Lilyana Pavlova, Marjut Falkstedt, Milena Stoycheva, Paolo Gentiloni, partnership, SME, sustainability
(IN BRIEF) Luxembourg has pledged an additional €4.8 million to the EIB Global’s Financial Inclusion Fund, bringing the fund’s total size to €11.5 million. The fund supports financial service providers that focus on vulnerable groups in African, Caribbean, and Pacific … Read the full press release
Posted in Banks, Business, Financial, Industrial, Investment, Management, News, Small Business, United Kingdom
Tagged EIB, finance, Financial Inclusion Fund, Franz Fayot, Kris Peeters, Luxembourg, microentrepreneurs, microfinance, SMEs, Werner Hoyer, Yuriko Backes
(IN BRIEF) CACEIS, the asset servicing banking group, has been selected as the custodian for the Booster Fund launched by Ardian and Eight Advisory. The Booster Fund, with an initial size of €1 million, aims to support female entrepreneurs over … Read the full press release
Posted in Financial, France, Investment, Small Business
Tagged Ardian, Booster Fund, CACEIS, custodian services, Eight Advisory, female entrepreneurs, Olivia Zitouni, registrar services
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has approved a US$100 million loan to Banque Misr in Egypt, aimed at supporting micro, small, and medium-sized enterprises (MSMEs). The funding will enable Banque Misr to expand its operations … Read the full press release
Posted in Banks, Economy, Financial, Industrial, Investment, Management, News, Small Business, United Kingdom
Tagged Banque Misr, EBRD, economy, EGYPT, loan, partnership, small business, SMEs
(IN BRIEF) The European Investment Bank (EIB) Global and the Development Bank of North Macedonia (DBNM) have joined forces to unlock €100 million of EU investment aimed at promoting the green transformation of small and medium-sized enterprises (SMEs) in North … Read the full press release
(IN BRIEF) NLB Banka Prishtina has partnered with the European Bank for Reconstruction and Development (EBRD) in Kosovo. The EBRD has provided two loans totaling €10 million to NLB Prishtina, which will lend the funds to small businesses in Kosovo, … Read the full press release
(IN BRIEF) Barclays has conducted research revealing that over 65s in the UK could potentially earn nearly £700 by selling unwanted items online. However, despite having an average of 18 items they would like to sell, only a quarter of … Read the full press release
Posted in Banks, Business, Financial, Investment, Management, News, Retail, Small Business, Technology, United Kingdom
Tagged Barclays, Clear Clutter, Digital Eagles, Kirsty Adams, Online Marketplaces, online selling, Sabrina Grant
(IN BRIEF) NatWest has announced the availability of Tap to Pay on iPhone for eligible businesses across the UK. Through the NatWest Tap to Pay iOS app, businesses can seamlessly accept contactless payments using their iPhone, without the need for … Read the full press release
Posted in Banks, Business, Financial, Industrial, Insurance, Management, News, Small Business, Technology, United Kingdom
Tagged Apple Pay, businesses, contactless payments, iPhone, Mark Brant, NatWest, SMEs, Tap to Pay, Tap to Pay iOS app, Tyl by NatWest, UK
(IN BRIEF) The University of Bristol has collaborated with ACH (Ashley Community Housing) and the West of England Combined Authority on the Migration Business Support (MBS) project, aimed at boosting the prospects of migrants and refugees in the UK. The … Read the full press release
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