Tag Archives: SMEs

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

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

Ark Kapital’s EIF guarantee to support sustainability, innovation, and digitalisation-driven enterprises

(IN BRIEF) Ark Kapital, a tech-focused lender, has secured a portfolio guarantee from the European Investment Fund (EIF) to improve access to finance for high-tech SMEs. The guarantee enables Ark Kapital to offer over €146 million in new financing across … Read the full press release

Eni’s Plenitude selects Enosi and Jedlix as winners of Call for Innovation

(IN BRIEF) Eni’s Benefit Corporation, Plenitude, has announced Enosi and Jedlix as the winners of its Call for Innovation. The Call aimed to find innovative solutions to manage the integration and synergies between Plenitude’s renewable energy generation, energy services, and … Read the full press release

EBRD grants €50m loan to TEB to support women-led SMEs in Türkiye

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has granted a €50 million loan to Türk Ekonomi Bankası A.Ş. (TEB) to expand financial opportunities for women-led small and medium-sized enterprises (SMEs) in Türkiye. This loan is part of … Read the full press release

EBRD and Citi Roll Out Sustainable Supply Chain Finance Program for Metso Outotec and its Türkiye-based SME Suppliers

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) and Citi have partnered to implement a sustainable supply chain finance program for Finnish technology and services company Metso Outotec and its suppliers in Türkiye, the majority of which are … Read the full press release

EBRD and EU Program Helps Armenian Companies Invest in Sustainable Technology

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) have jointly launched the EU4Business-EBRD Credit Line program in Armenia to support small and medium-sized enterprises (SMEs) in adopting greener technology, improving product quality, and … Read the full press release

InvestEU-backed programme to benefit micro-enterprises in Lithuania, Latvia and Poland with up to €50,000 loans

(IN BRIEF) The European Investment Fund (EIF) has signed a portfolio guarantee agreement with Noviti Finance to lend almost €47 million to micro-businesses in Lithuania, Latvia, and Poland on preferential terms. The EIF guarantee is provided under the European Union’s … Read the full press release

illimity Bank’s digital arm b-ilty to provide funding for Italian SMEs in new EIB deal

(IN BRIEF) The European Investment Bank (EIB) has signed a €200m deal with illimity Bank to provide funding to small and medium-sized enterprises (SMEs) in Italy. The two banks will mobilize €100m each in 2023 to ensure that SMEs have … Read the full press release

European Investment Fund and Norrlandsfonden Sign InvestEU Guarantee Agreement to Improve SME Access to Finance in Northern Sweden

(IN BRIEF) The European Investment Fund (EIF) and Norrlandsfonden, a Swedish public investment agency, have signed a guarantee agreement supported by the European Union’s InvestEU programme to improve access to finance for SMEs and small mid-caps in Northern Sweden. Over … Read the full press release

EIF Signs First PaaS Guarantee Agreement with Swedish Financing Platform Lisa&

(IN BRIEF) The European Investment Fund (EIF) and Swedish financing platform Lisa& have signed a guarantee agreement to offer over SEK 278 million (€24.8 million) for Swedish companies with a circular business model. The deal will be supported by the … Read the full press release

Hungary’s Home Renovation Programme gets a boost from EIB green loan

(IN BRIEF) The European Investment Bank (EIB) and the European Investment Fund (EIF) invested €804 million in Hungary last year, supporting priority investments in energy, transport, innovation, small and medium-sized enterprises (SMEs), and mid-caps. Three-quarters of the total financing signed … Read the full press release

EBRD Provides €10 Million Factoring Facility to Tam Finans for SMEs in Türkiye

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has provided Tam Finans Factoring A.S., a factoring company in Türkiye, with a €10 million factoring facility under its Trade Facilitation Programme (TFP). The facility aims to support small and … Read the full press release

Swedfund invests $30 million in Mirova Gigaton Fund to accelerate clean energy transition in emerging markets

(IN BRIEF) Swedfund, a Swedish development finance institution, invested USD 30 million in the Mirova Gigaton Fund on March 1. The Mirova Gigaton Fund, launched by Mirova, a Natixis affiliate, aims to provide debt financing to clean energy projects in … Read the full press release

Swedfund to invest $5m in Somali SMEs through NHAO fund

(IN BRIEF) Swedish development finance institution Swedfund has committed $5m to the Nordic Horn of Africa Opportunities Fund (NHAO), which invests in small and medium-sized Somali firms. The fund aims to provide financing for companies with around or less than … Read the full press release

EIF and Denmark’s Export and Investment Fund Guarantee €30.9m in New Loans for Danish Businesses

(IN BRIEF) The European Investment Fund (EIF) and Denmark’s Export and Investment Fund have signed an agreement to provide a sustainability guarantee for new loans to support Danish businesses. The guarantee, backed by the InvestEU program, will enable the Danish … Read the full press release

Merkur Andelskasse proposera un financement abordable pour des initiatives durables au Danemark avec la garantie du FEI

(ACTUALITÉ EN BREF) Merkur Andelskasse, l’une des principales institutions financières du Danemark, a signé un accord de garantie avec le Fonds européen d’investissement (FEI) dans le cadre du programme InvestEU. Cet accord permettra à Merkur d’offrir une gamme de solutions … Read the full press release

Merkur Andelskasse to offer affordable financing for sustainable initiatives in Denmark with EIF guarantee

(IN BRIEF) Merkur Andelskasse, one of the leading financial institutions in Denmark, has signed a guarantee agreement with the European Investment Fund (EIF) under the InvestEU programme. This agreement will allow Merkur to offer a range of lending solutions to … Read the full press release

Austrian tourism industry receives boost with €150 million loan for sustainable projects

(IN BRIEF) The European Investment Bank (EIB) has granted a €150 million loan to Österreichische Hotel- und Tourismusbank (ÖHT) to support small and medium-sized enterprises (SMEs) in the leisure and tourism industry in Austria. The loan is designed to enable … Read the full press release

The European Bank for Reconstruction and Development (EBRD) and cybersecurity service provider ISSP partner over cybersecurity training of SMEs in Moldova

(PRESS RELEASE) LONDON, 16-Dec-2022 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD), a multilateral developmental investment bank, has announced a new partnership with ISSP, a Ukraine-founded global cybersecurity service provider, aimed at providing training on digital and … Read the full press release