Tag Archives: SMEs

EIB Signs €50 Million Agreement with VÚB to Boost Financing for Slovak SMEs and Regional Development

(IN BRIEF) The European Investment Bank (EIB) has inked a €50 million lending deal with Všeobecná úverová banka (VÚB), aimed at increasing access to financing for small and medium-sized enterprises (SMEs), mid-cap companies, and both public and private sector entities … Read the full press release

UK SMEs Report Modest Decline in Business Activity but Maintain Employment Growth in Q3 2023, NatWest SME PMI® Tracker

NatWest Survey: UK Regional Business Activity Slows in July 2023, Employment Holds Steady while Inflation Trends Vary

(IN BRIEF) The NatWest SME PMI® Tracker for Q3 2023 indicates a modest reduction in business activity among UK small and medium-sized enterprises (SMEs) in September. Despite this decline, SMEs reported marginal employment gains, while large enterprises saw a renewed … Read the full press release

EBRD’s Support Transforms Mongolian Leather Brand Maris into a Sustainable Success Story

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has supported the growth and sustainability of Mongolian leather producer Maris through its advisory services. Maris, founded by Enkhnasan Tumen-Ulzii, focuses on sustainable leather production and uses innovative vegetable tanning … Read the full press release

Intesa Sanpaolo’s ‘Italian Excellences 2023’ Highlights Italian Mid Corporates to International Investors in Paris

(IN BRIEF) The second edition of Intesa Sanpaolo’s “Italian Excellences 2023, Mid Corporate Conference” in Paris saw around 50 companies, primarily listed on the Euronext STAR Milan segment of Borsa Italiana, participating. The event, in collaboration with Borsa Italiana, attracted … Read the full press release

EIF and Malta Ministry Collaborate to Inject €16.55 Million into Maltese SMEs

(IN BRIEF) In a collaborative effort between the European Investment Fund (EIF) and Malta’s Ministry of European Funds and Lands, €16.55 million will be provided to support small and medium-sized businesses (SMEs) in Malta through the ‘Malta Member State Compartment.’ … Read the full press release

European Investment Fund Backs Avanseo with €38 Million Portfolio Guarantee to Support Microenterprises in France

(IN BRIEF) The European Investment Fund (EIF), supported by the InvestEU programme, has entered into a portfolio guarantee agreement with Avanseo to provide up to €38 million in new financing for microenterprises and individuals facing challenges in accessing credit markets. … Read the full press release

European Investment Fund and Fintech Firm Invoier Join Forces to Empower SMEs in Sweden

(IN BRIEF) The European Investment Fund (EIF) and Swedish fintech firm Invoier have entered into a significant €58 million guarantee agreement to enhance funding accessibility for small and medium-sized enterprises (SMEs) and other businesses through loans and invoice trading. Supported … Read the full press release

Sustainability at the Forefront: EIB and Crédit Agricole Italia Inject €400 Million into Business Expansion

(IN BRIEF) The European Investment Bank (EIB) and Crédit Agricole Italia have signed a €400 million agreement to support small and medium-sized enterprises (SMEs) and agricultural companies. A significant portion of this funding, over 25%, will be directed towards environmental … Read the full press release

European Investment Bank Invests €7.5 Million in Polish Furniture Innovator Tylko’s R&D

(IN BRIEF) The European Investment Bank (EIB) has entered into a financing agreement with Tylko, a pioneering Polish furniture company revolutionizing the industry. With a €7.5 million investment from the EIB, Tylko aims to enhance its research and development (R&D) … Read the full press release

European Investment Bank Extends €70 Million Loan to Bolster Armenian SMEs and Mid-Caps

(IN BRIEF) The European Investment Bank (EIB) is providing a loan of €70 million to the Central Bank of Armenia as part of the Armenian Economic Resilience Programme, backed by the European Fund for Sustainable Development Plus (EFSD+). This funding … Read the full press release

EBRD Supports Albania’s Agribusiness and Tourism Sectors with €2 Million Loan to Union Bank

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is extending a loan of up to €2 million to Union Bank to bolster financing in Albania’s agribusiness and tourism sectors, essential for the country’s economic growth. Union Bank becomes … Read the full press release

EIF Invests €40 Million in Blume Equity to Boost European Climate Tech Startups

(IN BRIEF) The European Investment Fund (EIF) is injecting €40 million into Blume Equity, a leading European climate tech growth fund, with support from the InvestEU program. This investment, one of EIF’s largest in a first-time growth-stage fund, aims to … Read the full press release

EIB and Deutsche Bank Forge €600 Million Agreement to Bolster Italian SMEs and Mid-Caps

(IN BRIEF) A substantial financial boost of nearly €600 million is set to invigorate Italy, as the EIB Group, comprised of the European Investment Bank (EIB) and European Investment Fund (EIF), partners with Deutsche Bank. This initiative aims to support … Read the full press release

EIB and Deutsche Bank Collaborate to Inject €600 Million into Italian SMEs and Mid-Caps

(IN BRIEF) A substantial financial boost of nearly €600 million is set to invigorate Italy, as the EIB Group, comprised of the European Investment Bank (EIB) and European Investment Fund (EIF), partners with Deutsche Bank. This initiative aims to support … Read the full press release

EIF and Arbevel Partner to Provide €72 Million Boost for SMEs and Sustainability through InvestEU

(IN BRIEF) The European Investment Fund (EIF) backed by the InvestEU program has partnered with Arbevel to provide a portfolio guarantee of up to €72 million in financing for SMEs and lower mid-caps. This agreement encompasses three InvestEU windows: “Innovation … Read the full press release

CapMan Infra Expands Northern European Data Centre Platform with Investment in Fuzion

(IN BRIEF) CapMan Infra has made an investment in Fuzion, a Danish data centre colocation provider, marking the company’s second move in creating a northern European data centre platform following its acquisition of Serverius in May 2023. Fuzion, known for … Read the full press release

NatWest Survey Reveals Positive Outlook Among SME Law Firms Despite Margin Pressures

NatWest Survey: UK Regional Business Activity Slows in July 2023, Employment Holds Steady while Inflation Trends Vary

(IN BRIEF) A newly released legal benchmarking survey commissioned by NatWest reveals that 9 out of 10 small to medium-sized (SME) law firms are optimistic about their financial performance in the upcoming year. NatWest’s ninth Legal Report analyzes the financial … Read the full press release

UK SMEs Poised to Drive Employment Growth: Expected to Hire 3.5 Million People This Quarter

(IN BRIEF) UK small and medium-sized businesses (SMEs) are expected to contribute to significant employment growth this quarter, with the potential to hire up to 3.5 million people. This positive projection is based on data from the Barclays Business Barometer, … Read the full press release

University of Bristol Leads £1.8 Million Initiative to Boost Innovation in Small Financial Services Firms

(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

EIB Group’s €360 Million ABS Investment to Drive Green Projects and Support Spanish Businesses

(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