Event : "EU Finance Day for SME's" - Brussels, 01.10.2009
Date: 28/09/2009
EU Finance Day for SMEs is a series of events taking place in the Member States organised by the European Commission and financial intermediaries to raise awareness of the EU financial instruments for SMEs.
The aim is to raise awareness about different sources of finance and provide a forum for sharing good practices in helping innovative SMEs get easier access to finance.
John Holloway, Director of "Transaction and Relationship Management", will represent the EIF at the Brussels event.
Further information and registration details can be found here: http://www.sme-finance-day.eu/index.php?id=20
Better access to finance
Small businesses often have difficulties financing their growth and innovations. The EIF in conjuntion with the European Commission are working with the Member States to stimulate the provision of loans and venture capital for SMEs.
Getting an innovative firm off the ground or expanding it requires finance, but financing SMEs is a risky proposition for financiers. To solve this, Europe needs more investors and banks willing to take the risk, and European entrepreneurs need a better understanding of investors' and banks' concerns in order to be able to provide assurances about the soundness of their proposal. Read more on the European Commission's website.