Category Archives: Small Business

Small Business Press Releases & News distributed via EuropaWire

EBRD and ProCredit Bank Kosovo Join Forces to Advance Green Investments and SME Growth

(IN BRIEF) The EBRD is providing €13 million to ProCredit Bank Kosovo through two initiatives: €8 million under the SME Reboot Programme to help small and medium-sized enterprises (SMEs) invest in green technologies and €5 million through the Green Economy … Read the full press release

EBRD and EU Partner with Raiffeisen Bank Kosovo to Boost Green Investments for MSMEs

(IN BRIEF) The EBRD, in partnership with the EU and Raiffeisen Bank Kosovo (RBKO), has launched a €5 million SME Go Green programme to support sustainable investments by micro, small, and medium-sized enterprises (MSMEs) in Kosovo. The initiative focuses on … Read the full press release

EIB Group President Highlights Strengthened Partnership with Bulgaria to Drive Growth, Jobs, and Green Transition

(IN BRIEF) EIB Group President Nadia Calviño visited Bulgaria to discuss increased financing opportunities aimed at boosting economic growth, job creation, and the country’s green transition. In partnership with Bulgarian Deputy Prime Minister Lyudmila Petkova, the EIB Group plans to … Read the full press release

BBVA Proposes Comprehensive Measures to Ensure Financial Inclusion and SME Support Amid Banco Sabadell Merger

(IN BRIEF) BBVA has proposed comprehensive measures to the Spanish competition authority (CNMC) to secure approval for its merger with Banco Sabadell. These commitments include maintaining branch access in underserved areas, ensuring continued SME lending and credit lines for 18 … Read the full press release

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