Micro-enterprises and social enterprises promote quality, sustainable employment and social inclusion by supporting entrepreneurship and job creation, in particular, for persons in vulnerable situations. Yet both continue to face difficulties in accessing finance due to the perceived high risk.
The InvestEU Microfinance and Social Entrepreneurship Guarantee aims to bolster this developing market and boost the financing options of micro-borrowers and micro-enterprises, as well as social enterprises.
Mandator
The following summary is only indicative. For full information please refer to the Call documents below.
Product details
Compare with other guaranteesApplication deadline
Country or region
Focus
Financing for microenterprises and social enterprises to contribute to a caring and compassionate European social ecosystem.
Objective
Enhance access to finance for micro- and social enterprises (including self-employed), thus support the development of a nascent market for inclusive and social finance.
Guarantee terms
Benefits for recipients
Type of instruments
Max (counter-)guarantee rate
Max cap rate
Guarantee fee
Consistency with state aid
YesLending features
Type of financial intermediary
Target final recipients
Maximum debt principal amount
€50k or €2m iDebt financing maturity range
Growth stage
How to apply
The EIF selects financial intermediaries based on a call for expression of interest and a standard selection process including due diligence. Read the call documents below and apply by:
30 June 2027
The EIF may determine that the deadline will end on an earlier date depending, inter alia, on the availability of the budgetary resources. Any change in the deadline will be announced officially on this web page.