Tag Archives: EU funding

Business Finland Awards Major Funding to SSAB to Accelerate Fossil-Free Steel Innovation and Industrial Transformation

(IN BRIEF) Business Finland has granted €20 million to SSAB to support a five-year research and development program aimed at advancing fossil-free steel production and low-carbon materials. The initiative, Sustainable World through Steels, will bring together over 200 partners across … Read the full press release

EIF Expands JEREMIE Programme with €210 Million to Strengthen Bulgaria’s High-Tech Innovation and Investment Ecosystem

(IN BRIEF) The European Investment Fund is expanding the JEREMIE programme in Bulgaria with approximately €210 million in funding to support innovative companies in sectors such as AI, microelectronics, and advanced technologies. Managed through 2035, the initiative combines reinvested funds … Read the full press release

European Investment Bank Partners with Latvia to Strengthen Innovation Ecosystem and Scale High-Growth Companies

(IN BRIEF) The European Investment Bank is partnering with Latvia’s Ministry of Economics and the Investment and Development Agency of Latvia to support the growth of high-potential and technology-driven businesses. Through this advisory initiative, the EIB will assess Latvia’s current … Read the full press release

EIB Group Strengthens Green Investment Financing in Poland with Synthetic Securitisation Partnership with Santander Consumer Bank

(IN BRIEF) The European Investment Bank, European Investment Fund, and Santander Consumer Bank have signed a synthetic securitisation agreement to unlock PLN 860 million in new financing for green investments in Poland. The initiative will support SMEs and individuals by … Read the full press release

Capitalia Secures InvestEU Guarantee to Deliver Accessible Loan Financing to Microenterprises Across Estonia Latvia and Lithuania

(IN BRIEF) Capitalia has partnered with the European Investment Fund to launch a €15 million financing initiative for microenterprises in Estonia, Latvia, and Lithuania, backed by the EU’s InvestEU programme. The scheme will offer crowdfunded loans of up to €50,000 … Read the full press release

HOCHTIEF to Lead £595 Million Infrastructure Framework Under Sellafield’s Long-Term Regeneration Partnership

(IN BRIEF) Sellafield Ltd has awarded HOCHTIEF (UK) Construction a framework contract worth up to £595 million under the £2.9 billion Infrastructure Delivery Partnership, a long-term programme designed to strengthen the UK’s nuclear and civil infrastructure. Spanning up to 15 … Read the full press release

EBRD Supports Growth of Azerbaijan’s Saloğlu with US$ 7 Million Local Currency Loan for Facility and Retail Upgrades

(IN BRIEF) The EBRD is lending the equivalent of US$ 7 million in local currency to Azerbaijani furniture maker Saloğlu to finance new equipment for its Agstafa plant and upgrades to its retail network. Established in 2000, Saloğlu produces a … Read the full press release

EIB to Guide Bulgaria in Decarbonizing Maritsa East Complex and Transitioning to Clean Energy

(IN BRIEF) Bulgaria has enlisted the help of the European Investment Bank (EIB) to support the decarbonization of the Maritsa East Complex, one of Europe’s largest coal-powered electricity sites. The EIB will work with Bulgaria’s Ministry of Energy to develop … Read the full press release

European Investment Bank Provides €400 Million for Stockholm Metro Expansion, Supporting Sustainable Growth

(IN BRIEF) The European Investment Bank (EIB) has provided €400 million in additional financing for the expansion of the Stockholm metro, supporting the development of 30 km of new tracks, 18 new stations, and the creation of 130,500 housing units. … Read the full press release

Sidekick Health Secures €35 Million Funding from EIB to Expand Digital Therapeutics and AI Capabilities

(IN BRIEF) Sidekick Health has secured a €35 million venture debt facility from the European Investment Bank (EIB) to advance its digital health and therapeutics initiatives. The funding, backed by the European Commission’s InvestEU initiative, will accelerate R&D and AI-driven … Read the full press release

EIF Joins Forces with Alfa Framtak to Launch First-Ever Private Equity Fund Commitment in Iceland

(IN BRIEF) The European Investment Fund (EIF) has made its first-ever private equity fund investment in Iceland, committing €30 million to Alfa Framtak’s AF3 fund under the European Commission’s InvestEU programme. With a total first close of €145 million, AF3 … Read the full press release

METLEN’s Gallium Project at Aluminium of Greece Earns EU Strategic Designation to Bolster Critical Raw Materials Supply

(IN BRIEF) METLEN’s major investment in gallium production at the historic Aluminium of Greece facility has been officially recognized as a Strategic Project under the Critical Raw Materials Act by the European Commission. This recognition, following a detailed evaluation by … Read the full press release

European Investment Bank and Commission Launch Pioneering Gender Finance Lab to Boost Funding for Women Entrepreneurs

(IN BRIEF) The European Investment Bank and the European Commission have launched the first-ever Gender Finance Lab for commercial banks under the InvestEU Advisory Hub, aiming to enhance financial access for women-led and women-owned SMEs across Europe. This innovative masterclass … Read the full press release

EBRD Partners with Raiffeisen Bank to Support Digital Transformation of SMEs in Bosnia and Herzegovina

(IN BRIEF) The EBRD is lending €10 million to Raiffeisen Bank Bosnia and Herzegovina under the Go Digital in Western Balkans Programme, aimed at boosting SMEs’ competitiveness through digitalisation, sustainability, and green economy technologies. The programme is supported by EU … Read the full press release

EIB President Reaffirms EU’s Commitment to Ukraine with €420 Million in Support for Infrastructure and Energy Projects

(IN BRIEF) EIB President Nadia Calviño led a delegation on her first visit outside the EU to Ukraine, reaffirming the EU’s long-term commitment to supporting the country’s recovery. The EIB announced €420 million in funding under the EU’s €50 billion … Read the full press release

EIB Extends €42.8 Million Loan to Ústí nad Labem for Sustainable Infrastructure and Green Development

(IN BRIEF) The EIB has extended a €42.8 million loan to Ústí nad Labem for crucial infrastructure upgrades, including energy, transport, and social services. This is part of the EU’s larger goal of promoting sustainable urban development. The loan is … Read the full press release

EIB and Ukraine Forge Strategic Partnership for Reconstruction and Growth

(IN BRIEF) The European Investment Bank (EIB) and the Government of Ukraine have solidified a strategic collaboration to bolster Ukraine’s reconstruction, recovery, and integration with the EU. This partnership, marked by a new memorandum of understanding (MoU), pledges €560 million … Read the full press release

EU Funding Boosts Agfa’s Green Hydrogen Production Initiative

(IN BRIEF) Agfa, a sustainable technology provider, collaborates with VITO to develop advanced separator membranes for hydrogen production. They secure an 11 million Euro grant from the EU Innovation Fund for a membrane production plant. The collaboration aims to enhance … Read the full press release

The European Commission approved €40 million funding for 14 new research projects on resource efficiency

Brussels, Belgium, 1-11-2013 — /EuropaWire/ — The European Commission has approved funding for 14 new research projects to shape a more resource-efficient economy in Europe. The projects, which involve the collaboration of over 140 partners from research organisations and private companies, will tackle … Read the full press release

EC launched new project to help preserve Cyprus’s cultural heritage

04-9-2013 — /EuropaWire/ — The European Commission has launched a new project to strengthen the efforts already in place to preserve the island-wide cultural heritage in Cyprus. The EU contribution will amount to €2 million and will support the work of the … Read the full press release