InvestEU: EIF invests €50 million into climate tech VC World Fund

  •   Release date: 07 December 2022
The European Investment Fund (EIF) is investing – with support of the InvestEU programme - €50 million into the climate tech venture capital (VC) fund World Fund, joining more than 200 investors including PwC Germany, Ecosia, and the UK Environment Agency’s pension fund in supporting the next generation of climate tech companies.
 

AS Citadele banka and EIB Group announce a deal to support at least €460 million in new lending for Baltic businesses

  •   Release date: 01 December 2022
The EIB Group, consisting of the European Investment Bank (EIB) and the European Investment Fund (EIF), has issued a guarantee to AS Citadele banka to support new lending to companies based in all three Baltic States. The Group’s first agreement with AS Citadele banka, the deal will provide capital relief for the bank and enable it to grant at least €460 million in additional loans and leases to businesses in the Baltics over the next three years. ...
 

Froda receives funding under the EaSI programme – providing another SEK 500 million to Swedish micro-entrepreneurs

  •   Release date: 30 November 2022
Swedish fintech company Froda has received financial backing under the Funded Instrument of the EU programme for Employment and Social Innovation (EaSI) in order to keep supporting innovative small-businesses in Sweden. The operation is co-funded by the European Union, the European Investment Bank (EIB) and the European Investment Fund (EIF). Thanks to this support, Froda is able to provide over SEK 500 million in loans to Swedish small-business owners.
 

EIF and Erste Croatia to provide support for innovation, culture and creativity, as well as green and digital transition in Croatia

  •   Release date: 29 November 2022
The European Investment Fund (EIF), part of the EIB Group, has signed a €50 million guarantee agreement with Erste Bank Croatia under the InvestEU Fund to support sustainability, innovation and digitalisation of Croatian small businesses, as well as the development of the cultural and creative sectors. 
 

European Investment Fund and UniCredit Bank Austria sign the first InvestEU-support in Austria

  •   Release date: 29 November 2022
UniCredit Bank Austria will benefit from a EUR 90 million guarantee amount from the European Investment Fund in order to improve the access to finance for Austrian SMEs, across two thematics: Sustainability and Innovation & Digitalization.
 
Note: Following the recent withdrawal of the United Kingdom from the European Union, we are updating the relevant EIF.org pages.

 
 

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