The European Investment Fund and Kepler Cheuvreux announce cooperation in European private equity
- Release date: 10 October 2019
Paris, October 10, 2019 - The European Investment Fund (EIF) - the private equity arm of the European Investment Bank - and Kepler Cheuvreux, a leading independent European financial services firm, have agreed to cooperate in the context of a European private equity fund of fund, to which EIF acts as the investment advisor.
SOGAMA Credit Associatif and European Investment Fund: EUR 30 million to support social entrepreneurship in France under the EU’s Programme for Employment and Social Innovation and Juncker Plan
- Release date: 07 October 2019
The European Investment Fund (EIF) and the European Commission announce today the signature of a EUR 30 million counter-guarantee agreement with SOGAMA Credit Associatif. Created in 1977, SOGAMA is a mutual guarantee institution facilitating the financing of the social economy in France by providing guarantees to banks and local regional entities financing this sector. Clients include associations, foundations, cooperative organisations, health insurance institutions and other entities active ...
SME Initiative: EIB Group substantially expands its support to Romanian businesses, thanks to EU funds
- Release date: 03 October 2019
In light of the successful implementation of the SME Initiative Romania, the Romanian Authorities have allocated additional EUR 150m from Regional Operational Programe, co-financed through ERFD, bringing the total ESIF budget under the programme to up to EUR 250m. This increase, together with additional resources from the EIB Group and the European Commission, will result in a total amount of financing to Romanian SMEs available under SMEi Romania of up to EUR 1.38bn.
EU-guaranteed loans to strengthen Sweden's cultural entrepreneurs
- Release date: 03 October 2019
Marginalen Bank is the first bank in Sweden to offer EU-guaranteed loans to companies in the cultural and creative sectors (CCS), the so-called Kreatörslånet (“the creators' loan”), for entrepreneurs who may previously have been excluded from traditional bank financing. The loan offers the possibility to borrow up to SEK 1 million (EUR 93.4 million), with the European Investment Fund (EIF) guaranteeing 70 percent of the loan amount under the Juncker Plan’s ...
Juncker Plan: EIF makes history in Croatia with country’s first social impact fund worth EUR 30 million
- Release date: 03 October 2019
Croatian early- to growth-stage startups with an environmental and social impact will benefit from the country’s first social impact fund: the EUR 30 million strong, Feelsgood Fund, launched today in Zagreb. The European Investment Fund (EIF) contributed to the Fund with EUR 15 million, almost entirely covered by the European Fund for Strategic Investments (EFSI), the core of the Investment Plan for Europe, or Juncker Plan.
