Category Archives: Small Business

Small Business Press Releases & News distributed via EuropaWire

Loughborough University Start-Up ORB Innovations Acquired by Glidewell for Dental Wearable Technology

(IN BRIEF) Glidewell, a global leader in custom dental solutions, has acquired ORB Innovations, a start-up founded by Loughborough University engineering alumni. ORB Innovations has developed a pioneering technology platform called ORB, which measures physiological parameters and biomechanics. Unique among … Read the full press release

Finalists Announced for EIB Institute’s Social Innovation Tournament 2023

(IN BRIEF) The EIB Institute’s Social Innovation Tournament has announced the 15 finalists for its 2023 edition. These social entrepreneurs, hailing from 10 European countries, were selected from a pool of 284 candidates. Their innovative solutions aim to generate social, … Read the full press release

2X Challenge Achieves Remarkable $16.3 Billion in Gender Lens Investments

(IN BRIEF) 2X Global, an initiative launched by Development Finance Institutions (DFIs), has exceeded its target of raising $15 billion in gender lens investments. From 2021 to 2022, the initiative raised a total of $16.3 billion, benefiting 473 businesses across … Read the full press release

BNP Paribas Collaborates with EIB Group for the Third Synthetic Securitisation, Boosting Support for French Companies

(IN BRIEF) The European Investment Bank (EIB) Group, in collaboration with BNP Paribas, has launched a synthetic securitisation initiative to support French companies for the third time since 2017. The transaction involves an EIB Group guarantee on an existing loan … Read the full press release

EBRD’s Funding Package Bolsters DenizBank’s Commitment to Green Finance and Women-Led Enterprises in Türkiye

(IN BRIEF) EBRD provides $143.25 million to DenizBank for green investments, women-led businesses, and earthquake response. The financing package supports DenizBank’s Diversified Payment Rights program and includes funds for on-lending to green economy projects, women-led SMEs, and companies involved in … Read the full press release

KUKA’s Automation Expertise Boosts Productivity for German SMEs

(IN BRIEF) German SMEs are facing challenges due to a shortage of skilled workers, difficult delivery conditions, and high energy costs. A survey by the Manpower Group revealed that 75% of entrepreneurs struggled to fill job positions. To address this … Read the full press release

EBRD Charts Course for Croatia’s Green Economy Transition and Competitiveness

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has approved a five-year strategy for investment in Croatia. The strategy focuses on supporting competitiveness through innovation and good governance, accelerating Croatia’s transition to a green economy, and enhancing resilience … Read the full press release

Finnish SMEs to benefit from new climate and innovation loan products with EIF guarantee

(IN BRIEF) The European Investment Fund (EIF) will provide a €170 million guarantee to Finnvera Plc to finance approximately €280 million of investment by small companies in Finland. The support of the InvestEU programme enables the guarantee to trigger more … Read the full press release

Kyrgyz farmer adopts innovative biogas technology with support from EBRD and EU

(IN BRIEF) Melis Aitpaev from Eshperov village in the Kyrgyz Republic has installed a biogas plant on his farm to manage manure and increase his harvest. The EBRD provided support through its Advice for Small Businesses programme and paired Melis … Read the full press release

University of Liverpool joins Innovate UK Microbials Accelerator to help SMEs commercialise microbial technologies

(IN BRIEF) The University of Liverpool is part of a consortium that has launched the Microbials Accelerator, a programme aimed at supporting SMEs in scaling their businesses and securing funding for the commercialisation of innovative microbial technologies. The programme is … Read the full press release

BBVA and EIF Commit €200 Million to Help Spanish Startups Embrace Sustainability and Digitalisation

(IN BRIEF) The European Investment Fund (EIF) and BBVA have signed an agreement under the InvestEU guarantee program to provide a €200 million guarantee to help BBVA’s specialised startup initiative, BBVA Spark, support startups with innovative and sustainable value propositions. … Read the full press release

T-Systems International Acquires GeoMobile to Expand Transport and Logistics Portfolio

(IN BRIEF) T-Systems International has acquired GeoMobile, a Dortmund-based software company, to bolster its Transport and Logistics portfolio with an IT platform that supports barrier-free urban mobility. GeoMobile’s Mobility-as-a-Service (MaaS) platform enables passengers to plan, book, and pay for their … Read the full press release

European Investment Fund and Flex Funding Agreement to Help Smaller Danish Firms Access Funding

(IN BRIEF) Danish SME crowdlending platform, Flex Funding, has signed an agreement with the European Investment Fund (EIF) for a guarantee of DKK 111.7 million, enabling up to 160 smaller Danish companies to obtain funding with attractive terms to continue … Read the full press release

Belgian microfinance institution microStart to benefit over 3,000 microenterprises through €30m EIF deal

(IN BRIEF) The European Investment Fund (EIF) has signed a guarantee agreement with microStart, a microfinance institution in Belgium, to provide at least €30 million of financing for microenterprises in the country. The deal, supported by the EU’s InvestEU program, … Read the full press release

Romanian lender Patria Bank secures €5m loan from European Investment Fund to boost microentrepreneurship

(IN BRIEF) The European Investment Fund (EIF) has provided a €5 million loan to Patria Bank, a Romanian lender that specializes in financing small and microentrepreneurs with limited access to finance. The Tier II subordinated loan transaction, supported by InvestEU, … Read the full press release

Infinum Becomes Fourth Croatian Company to Join EBRD’s SME Programme

(IN BRIEF) Infinum, one of Croatia’s leading IT companies, has joined the EBRD’s Blue Ribbon programme for SMEs, aimed at helping promising regional SMEs grow and develop into market leaders. Infinum provides business and technology consulting, digital design, and software … Read the full press release

La empresa moldava de paisajismo Alex Garden se expande a Rumania con el apoyo del BERD y CEI

(NOTICIA EN BREVE) Alex Garden es un centro de jardinería y una empresa de paisajismo con sede en Chisináu, Moldavia, fundado por el joven empresario Alexandru Ciobanu. Con el apoyo de la Iniciativa de Europa Central y el Banco Europeo … Read the full press release

Moldovan Landscaping Business Alex Garden Expands into Romania with Support from EBRD and CEI

(IN BRIEF) Alex Garden is a garden center and landscaping business based in Chișinău, Moldova, founded by young entrepreneur Alexandru Ciobanu. With support from the Central European Initiative and the European Bank for Reconstruction and Development, the company received assistance … Read the full press release

Die Europäische Investitionsbank finanziert das neue Gebäude des BioSense-Instituts in Novi Sad für wissenschaftliche Forschung und Start-ups

(IN KÜRZE) Das BioSense Institute in Novi Sad hat ein neues Gebäude eröffnet, das moderne Einrichtungen für wissenschaftliche Forschung und Geschäftsvorhaben in den Bereichen Landwirtschaft und Biotechnologie bietet. Das 34-Millionen-Euro-Projekt wurde mit 14 Millionen Euro an EU-Zuschüssen, 20 Millionen Euro … Read the full press release

European Investment Bank funds new BioSense Institute building in Novi Sad for scientific research and startups

(IN BRIEF) The BioSense Institute in Novi Sad has opened a new building offering modern facilities for scientific research and business ventures in the fields of agriculture and biotechnology. The €34 million project was financed by €14 million in EU … Read the full press release