(IN BRIEF) The European Investment Fund (EIF) has approved a €100 million guarantee facility for Froda, increasing their lending capacity to support micro-entrepreneurs across the EU. This expands on an existing €50 million arrangement, bringing the total to €150 million. … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business, Technology
Tagged cross-border expansion, digital lending platform, economic growth, EIF, EU, EU-wide microfinance guarantee, European Investment Fund, female entrepreneurs, financing gaps, Froda, inclusive entrepreneurship, InvestEU, Marjut Falkstedt, micro-entrepreneurs, micro-SME financing, micro-SME growth, microfinance, Nordic markets, Olle Lundin, partnership, small business growth, SME financing, sole traders, sustainable financing infrastructure, VISA, €100 million guarantee
(IN BRIEF) In Germany, a significant portion of business founders, including freelancers and sole traders, describe their ventures as start-ups, a term that has become increasingly broad in its usage. While traditional definitions of a start-up, such as those outlined … Read the full press release
Posted in Banks, Business, Economy, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged business ownership, Dr Georg Metzger, economic-policy perspective, Entrepreneurship, founders, freelancers, Germany, growth-oriented, innovative enterprises, KfW Entrepreneurship Monitor, KfW Research, media attention, newly founded businesses, popular press, press coverage, sole traders, start-up, start-up usage, trade publications
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