http://www.eif.org/news_centre/index.htmNo description availableCopyright European Investment Bankhttp://www.eif.org../eib.org/img/logo_s_en.gif http://www.eif.org/news_centre/index.htmen Tue, 8 Dec 2020 20:00:14 +0100 Tue, 8 Dec 2020 20:00:14 +0100 120 http://www.eif.org/what_we_do/guarantees/news/2020/european-union-french-state-unlock-715-million-for-french-businesses.htm?media=rss&language=en Small and medium-sized enterprises (SMEs) in France can now finance their growth and business development plans and digital transformation via loans with more flexible terms, as the result of a new agreement with the European Investment Fund (EIF) and Bpifrance, the French Public Investment Bank. The loan guarantees are provided by the Digitalisation initiative under the Competitiveness of Small and Medium-sized Enterprises (COSME) programme, launched by the European Commission to improve acc... Tue, 8 Dec 2020 00:00:00 +0100 http://www.eif.org/what_we_do/guarantees/news/2020/european-union-french-state-unlock-715-million-for-french-businesses.htm http://www.eif.org/what_we_do/guarantees/news/2020/german-start-up-scene-further-strengthened.htm?media=rss&language=en The ERP/EIF Fund of Funds, which has been created by the European Investment Fund and the Federal Ministry for Economic Affairs and Energy on behalf of the ERP Special Fund, will be topped up by one billion euros, reaching a total volume of 3.7 billion euros. The capital resources of the EIF-managed ERP/EIF Fund of Funds are provided by the EIF and the ERP Special Fund, with each contributing 50 per cent. This further improves access to financing for start-ups and young companies in Germany. ... Mon, 7 Dec 2020 00:00:00 +0100 http://www.eif.org/what_we_do/guarantees/news/2020/german-start-up-scene-further-strengthened.htm http://www.eif.org/what_we_do/equity/news/2020/eib-group-provides-eur150-million-to-support-artificial-intelligence-companies.htm?media=rss&language=en The new EIB and EIF Artificial Intelligence Co-Investment Facility will spur fund investments in AI companies. The initiative supports the European ecosystem of excellence and trust in AI and the European Commission’s European Digital Strategy . Today at the Web Summit 2020, the European Investment Bank Group (EIB Group) launched a new financing instrument to support artificial intelligence companies across Europe. The co-investment facility of up to €150 million will allow the EIB Group ... Thu, 3 Dec 2020 00:00:00 +0100 http://www.eif.org/what_we_do/equity/news/2020/eib-group-provides-eur150-million-to-support-artificial-intelligence-companies.htm http://www.eif.org/what_we_do/guarantees/news/2020/guarantee-for-invest-nl-to-expand-financing-options-to-innovative-smes.htm?media=rss&language=en Invest-NL and European Investment Fund (EIF) sign an agreement under “InnovFin SME Guarantee Facility” to unlock up to €66 million in SME-lending. The EIF’s guarantee for SME support was made available by the European Commission under the European Fund for Strategic Investments (EFSI). Invest-NL shares the EU’s aim of supporting innovative SMEs, and expects to sign up to 10 new operations under this agreement. Dutch National promotional institution Invest-NL has signed a new guarantee agre... Wed, 2 Dec 2020 00:00:00 +0100 http://www.eif.org/what_we_do/guarantees/news/2020/guarantee-for-invest-nl-to-expand-financing-options-to-innovative-smes.htm http://www.eif.org/what_we_do/guarantees/news/2020/eib-group-hypo-vorarlberg-support-action-investments.htm?media=rss&language=en In the context of EIB Group’s response to the COVID-19 pandemic, the EIB will unlock part of Hypo Vorarlberg’s regulatory capital The Austrian bank will use its increased capacity to support fresh lending to energy efficiency projects in line with the EIB’s commitments to increase its climate action lending The EIB Group transaction benefits from support by the ‘Investment Plan for Europe´ The EIB Group, consisting of the European Investment Bank (EIB) and the European Investment Fund (... Tue, 1 Dec 2020 00:00:00 +0100 http://www.eif.org/what_we_do/guarantees/news/2020/eib-group-hypo-vorarlberg-support-action-investments.htm http://www.eif.org/what_we_do/guarantees/news/2020/eif-pmv-support-belgian-smes-hit-by-covid-19.htm?media=rss&language=en In view of Covid-19 pandemic, PMV increases size of two EIF-facilities to make more financing available for Flemish SMEs that have been affected by the ongoing economic fallout. InnovFin SME Guarantee Facility will increase by up to €120 million in emergency lending for innovative SMEs and Mid-Caps. COSME guarantee will increase by an additional €75 million, to increase access to finance for Flemish SMEs – in total €195 million extra for SMEs. The EIF’s guarantees for Covid-19 support wer... Tue, 1 Dec 2020 00:00:00 +0100 http://www.eif.org/what_we_do/guarantees/news/2020/eif-pmv-support-belgian-smes-hit-by-covid-19.htm http://www.eif.org/what_we_do/guarantees/news/2020/eu-eif-second-multilateral-line-credit-silk-road-bank-ad-skopje-in-amount-5-million.htm?media=rss&language=en 5 million to support micro-enterprises and startups under the EU programme for Employment and Social Innovation (EaSI). EU guarantees will enable Silk Road Bank AD Skopje to offer micro finance products under more favourable terms to micro companies This agreement will support recovery of private sector, development of startups and employment in North Macedonia After a successful and thorough due diligence by The European Investment Fund (EIF) and the European Investment bank (EIB), the... Wed, 18 Nov 2020 00:00:00 +0100 http://www.eif.org/what_we_do/guarantees/news/2020/eu-eif-second-multilateral-line-credit-silk-road-bank-ad-skopje-in-amount-5-million.htm http://www.eif.org/what_we_do/guarantees/news/2020/first-liquidity-sell-and-lease-back-in-poland-with-a-cosme-covid-guarantee.htm?media=rss&language=en PKO Leasing and the European Investment Fund (EIF) have signed another agreement for granting a COSME guarantee – for a portfolio worth PLN 1.9 billion About PLN 500 million of the above amount will be used to help entrepreneurs to fight the effects of the pandemic under the COSME-Covid product The company launched a special offer for clients of PKO Leasing and PKO Bank Polski – a liquidity sell-and-lease-back PKO Leasing is launching the first liquidity reverse lease offer on the Polish m... Mon, 16 Nov 2020 00:00:00 +0100 http://www.eif.org/what_we_do/guarantees/news/2020/first-liquidity-sell-and-lease-back-in-poland-with-a-cosme-covid-guarantee.htm http://www.eif.org/what_we_do/guarantees/news/2020/european-initiative-to-expand-support-of-finnish-smes.htm?media=rss&language=en €350 million top-up of the successful “SME Initiative Finland”, adding to the existing portfolio of € 400 million already deployed to the benefit of Finnish SMEs Risk takers behind the guarantee facility are the Finnish Government, European Investment Bank Group (EIB & EIF) and the European Commission. Intermediaries where SMEs can request loans are Aktia Bank, OP Cooperative, POP Bank Centre Coop, OMA Savings Bank and Savings Bank’ Union Coop. The Government of Finland, together wi... Wed, 4 Nov 2020 00:00:00 +0100 http://www.eif.org/what_we_do/guarantees/news/2020/european-initiative-to-expand-support-of-finnish-smes.htm http://www.eif.org/what_we_do/guarantees/news/2020/european-social-innovation-and-impact-fund-launches-after-successful-first-closing.htm?media=rss&language=en A unique, innovative fund to close the financing gap for early-stage European social enterprises while supporting the ramp-up of social innovation Currently the only European impact fund that provides mezzanine capital and is partially secured by a European Investment Fund (EIF) guarantee Eminent institutional and private investors committed €4.5 million in capital to the ESIIF at first closing It is more important than ever before to support the ramp-up of social innovation and boost i... Tue, 3 Nov 2020 00:00:00 +0100 http://www.eif.org/what_we_do/guarantees/news/2020/european-social-innovation-and-impact-fund-launches-after-successful-first-closing.htm http://www.eif.org/what_we_do/equity/news/2020/invest-nl-eif-support-innovative-dutch-scale-ups.htm?media=rss&language=en Invest-NL and the EIF launch the Dutch Future Fund (DFF), targeting investments in venture and growth capital funds, to offer fresh funding to innovative Dutch SMEs in the ongoing Covid crisis. After a joint initial commitment of €300 million (€150m each), the crowding in of additional investors is expected to help the Fund mobilise total investments in SMEs of around €1.5 billion DFF will pay special attention to investments with a focus on the energy transition, sustainability and the c... Sat, 31 Oct 2020 00:00:00 +0100 http://www.eif.org/what_we_do/equity/news/2020/invest-nl-eif-support-innovative-dutch-scale-ups.htm http://www.eif.org/what_we_do/equity/news/2020/portugal-blue-75-million-in-the-blue-economy-system.htm?media=rss&language=en The EIB Group and the Portuguese Government, via IFD, have launched a new investment partnership targeting blue economy start-ups, SMEs and mid-caps. PORTUGAL BLUE will select up to two Portuguese funds focused on the blue economy with climate impact and sustainable development objectives. The European Investment Fund (EIF) – the venture capital arm of the European Investment Bank (EIB) Group – and Instituição Financeira de Desenvolvimento (IFD) – on behalf of Fundo Azul – have launched a... Thu, 29 Oct 2020 00:00:00 +0100 http://www.eif.org/what_we_do/equity/news/2020/portugal-blue-75-million-in-the-blue-economy-system.htm http://www.eif.org/what_we_do/guarantees/news/2020/european-union-backs-byggoastofnun-to-support-small-businesses-in-iceland.htm?media=rss&language=en The European Investment Fund signs a guarantee agreement with Byggðastofnun in support of ISK 3.26 billion of financing to small businesses in rural areas of Iceland. The guarantee, backed by the EU’s “COSME” programme, will allow Byggðastofnun to increase its lending to an underserved sector in the Icelandic economy. Byggðastofnun will make available new lending possibilities with a special focus on green loans, innovation, female entrepreneurs, young farmers, and loans to fisheries in f... Thu, 29 Oct 2020 00:00:00 +0100 http://www.eif.org/what_we_do/guarantees/news/2020/european-union-backs-byggoastofnun-to-support-small-businesses-in-iceland.htm http://www.eif.org/what_we_do/equity/news/2020/six-funds-backed-innovfin-artificial-intelligence-blockchain-technology.htm?media=rss&language=en The European Investment Fund (EIF) and the European Commission are announcing the first 6 Venture Capital funds under the InnovFin Artificial Intelligence and Blockchain pilot New agreements with tech equity funds in Austria, Finland, Germany, Luxembourg and the Netherlands are expected to bring EUR 700m to tech companies across Europe The EIF has signed the first 6 equity agreements with venture capital funds to support businesses across Europe under the EU’s InnovFin Artificial Intelligen... Wed, 28 Oct 2020 00:00:00 +0100 http://www.eif.org/what_we_do/equity/news/2020/six-funds-backed-innovfin-artificial-intelligence-blockchain-technology.htm http://www.eif.org/what_we_do/news/2020/eif-undp-strengthen-cooperation-for-sustainable-finance.htm?media=rss&language=en The United Nations Development Programme (UNDP) and the European Investment Fund (EIF) are joining forces to develop joint initiatives for sustainable finance and the implementation of the Sustainable Development Goals (SDGs).  In an online signature ceremony, UNDP Administrator Achim Steiner, and the Chief Executive of EIF, Alain Godard, signed a Memorandum of Understanding (MoU), which re-affirms the organisations’ commitment to address the socio-economic consequences of the COVID-19 pandem... Wed, 21 Oct 2020 00:00:00 +0200 http://www.eif.org/what_we_do/news/2020/eif-undp-strengthen-cooperation-for-sustainable-finance.htm http://www.eif.org/what_we_do/news/2020/eif-signs-up-to-united-nations-principles-of-responsabilities-investment.htm?media=rss&language=en The European Investment Fund has joined the list of signatories of the UN-sponsored Principles for Responsible Investment (PRI). PRI is recognised as the leading global network for investors committed to integrating environmental, social, and governance (ESG) considerations into their investment practices. As a PRI signatory, the EIF will further enhance its ESG investment practices and processes. This cooperation is in line with EIF’s strong commitment to support the European Green Deal and ... Mon, 19 Oct 2020 00:00:00 +0200 http://www.eif.org/what_we_do/news/2020/eif-signs-up-to-united-nations-principles-of-responsabilities-investment.htm http://www.eif.org/what_we_do/guarantees/news/2020/european-support-for-smes-in-cultural-and-creative-sectors-with-6-million-guarantee-to-finora-capital.htm?media=rss&language=en EIF €6 million guarantee to Finora unlocks favourable loans for SMEs in cultural and creative sectors; Support allows Finora, a SME focused digital lender to expand, further digitalizing financial services in the European Union; The operation is enabled by the Cultural and Creative Sectors Guarantee Facility (CCS) established the European Commission and managed by the EIF, and EFSI, a part of the Investment plan for Europe More support will become available for small and medium enterprises... Wed, 14 Oct 2020 00:00:00 +0200 http://www.eif.org/what_we_do/guarantees/news/2020/european-support-for-smes-in-cultural-and-creative-sectors-with-6-million-guarantee-to-finora-capital.htm http://www.eif.org/what_we_do/guarantees/news/2020/eif-raiffeisenbank-10-million-guarantee-agreement-support-sme-culture-creative-sectors-bulgaria.htm?media=rss&language=en EIF loan guarantees will help provide loans to SMEs in Bulgaria with better terms and conditions. EIF guarantees will help SMEs sustain jobs in the culture and creative sector. The support received is backed by EFSI. The European Investment Fund (EIF) and Raiffeisenbank (Bulgaria) EAD have signed a guarantee agreement enabling the bank to increase its lending capacity to Bulgarian small and medium-sized enterprises (SMEs) and small public enterprises in the cultural and creative sectors... Tue, 6 Oct 2020 00:00:00 +0200 http://www.eif.org/what_we_do/guarantees/news/2020/eif-raiffeisenbank-10-million-guarantee-agreement-support-sme-culture-creative-sectors-bulgaria.htm http://www.eif.org/what_we_do/equity/news/2020/ec-announces-support-for-the-venture-centre-of-excellence-programme.htm?media=rss&language=en The European Commission announces a €150m financial contribution to the Venture Centre of Excellence (VCOE) programme, at the HTID® event in Paris The contribution from the European Commission is an anchor investment in the VCoE with additional contributions expected from private investors predominately in the Pharma and Med-tech industry, Co-developed by EIT Health and the European Investment Fund, the VCoE is expected to catalyse over €2bn into the European Life Sciences industry. The VCO... Mon, 5 Oct 2020 00:00:00 +0200 http://www.eif.org/what_we_do/equity/news/2020/ec-announces-support-for-the-venture-centre-of-excellence-programme.htm http://www.eif.org/what_we_do/guarantees/news/2020/greece-avis-attracts-130-million-to-finance-green-mobility-investments.htm?media=rss&language=en Avis, the leading car rental company in Greece, secured international financing to modernize its fleet with electric and hybrid cars . Despite unprecedented conditions, the Company remains committed to the implementation of its strategic plan around sustainable growth that combines green mobility and the drastic reduction of its environmental footprint. Avis raised €130 million through its first auto leasing securitization with an average interest rate of less than 1.4% . The issue was fully ... Mon, 5 Oct 2020 00:00:00 +0200 http://www.eif.org/what_we_do/guarantees/news/2020/greece-avis-attracts-130-million-to-finance-green-mobility-investments.htm http://www.eif.org/what_we_do/guarantees/news/2020/eif-ubb-ec-extend-cooperation-to-unlock-768-million-for-bulgarian-msmes.htm?media=rss&language=en The EIF and UBB have extended existing COSME guarantees to unlock fresh €400 million of loans and leases for Bulgarian MSMEs. With the extension, the total amount of EIF/COSME-guaranteed loans with UBB is now €768 million. The agreement introduces two new specific guarantee envelopes under the COSME programme in Bulgaria – COSME Digitalisation Pilot and COSME COVID-19. The EIF is part of the European Investment Bank Group. Micro, small and medium-sized enterprises (MSMEs) in Bulgaria ... Fri, 2 Oct 2020 00:00:00 +0200 http://www.eif.org/what_we_do/guarantees/news/2020/eif-ubb-ec-extend-cooperation-to-unlock-768-million-for-bulgarian-msmes.htm http://www.eif.org/what_we_do/equity/news/2020/dutch-social-impact-venture-fund-rubio-doubles-fund-size-with-eu-backing.htm?media=rss&language=en Rubio Impact Ventures gets up to €20 million participation from the European Investment Fund (EIF) The EIF financing is made possible by the European Fund for Strategic Investments (EFSI), the central pillar of the Investment Plan for Europe Dutch impact investing fund manager Social Impact Ventures has launched its second fund and adopted a new name; Rubio Impact Ventures. The first closing of the new fund at €55 million includes continued strong support from the European Investment Fund w... Thu, 1 Oct 2020 00:00:00 +0200 http://www.eif.org/what_we_do/equity/news/2020/dutch-social-impact-venture-fund-rubio-doubles-fund-size-with-eu-backing.htm http://www.eif.org/what_we_do/guarantees/news/2020/eib-group-commerzbank-join-forces-to-support-smes-incovid-crisis.htm?media=rss&language=en EIB Group securitisation will enable Commerzbank to lend up to €500 million to small and mid-sized businesses in Germany in response to COVID-19 The operation is backed by an EFSI guarantee under the Investment Plan for Europe The EIB Group, consisting of the European Investment Bank (EIB) and the European Investment Fund (EIF), has provided a mezzanine tranche guarantee of around €125 million to Commerzbank AG on an existing portfolio of loans to small and medium-sized companies (SMEs and ... Thu, 1 Oct 2020 00:00:00 +0200 http://www.eif.org/what_we_do/guarantees/news/2020/eib-group-commerzbank-join-forces-to-support-smes-incovid-crisis.htm http://www.eif.org/what_we_do/microfinance/news/2020/microfinance-in-lithuania-through-investments-in-the-lithuanian-central-credit-union.htm?media=rss&language=en The EIF and Helenos, a private equity fund managed by Inpulse, will strengthen the capacity of the Lithuanian Central Credit Union (LCCU) through two investments totalling €3m. The EIF investment is backed by the European Union under the capacity building’ window of the EU programme for Employment and Social Innovation (EaSI). The financing will support LCCU’s digital infrastructure, risk management and IT system, to strengthen its capital base and scale-up its micro-lending activities in L... Thu, 24 Sep 2020 00:00:00 +0200 http://www.eif.org/what_we_do/microfinance/news/2020/microfinance-in-lithuania-through-investments-in-the-lithuanian-central-credit-union.htm http://www.eif.org/what_we_do/guarantees/news/2020/eif-increases-counter-guarantee-support-to-siagi-to-235-million-thanks-to-the-backing-of-eu-programme.htm?media=rss&language=en European Investment Fund raises credit risk coverage to 80% (60% in the initial programme), thereby stimulating the provision of liquidity loans by French banking networks; The EIF’s counter-guarantee is based on funds from the European Union's COSME programme, provided as an emergency response to the COVID-19 crisis. The EIF announced today that it has extended its counter-guarantee to SIAGI (Société de caution mutuelle de l’artisanat et des activités de proximité) to €235 million, compare... Mon, 14 Sep 2020 00:00:00 +0200 http://www.eif.org/what_we_do/guarantees/news/2020/eif-increases-counter-guarantee-support-to-siagi-to-235-million-thanks-to-the-backing-of-eu-programme.htm http://www.eif.org/what_we_do/equity/news/2020/eif-hbor-invest-3-equity-funds-croatia-unlocking-205-million-for-sme-midcaps.htm?media=rss&language=en EIF and HBOR will invest €70 million in three Croatian private equity funds to unlock up to €205 million for development and growth of SMEs and smaller MidCaps. The joint investment  will be managed by the EIF and stems from Croatian Growth and Investment Programme (CROGIP) launched by the EIF and HBOR in 2019. The investment received guarantees from the European Fund for Strategic Investments (EFSI). The European Investment Fund (EIF) and Croatian Bank for Reconstruction and Developmen... Tue, 1 Sep 2020 00:00:00 +0200 http://www.eif.org/what_we_do/equity/news/2020/eif-hbor-invest-3-equity-funds-croatia-unlocking-205-million-for-sme-midcaps.htm http://www.eif.org/what_we_do/guarantees/news/2020/eif-raiffeisen-bank-12-million-guarantee-agreement-to-support-sme-bosnia-and-herzegovina.htm?media=rss&language=en EIF loan guarantees will help provide loans to SMEs in Bosnia and Herzegovina with better terms and conditions. This is the first agreement signed in Bosnia and Herzegovina under the COSME LGF COVID-19 Sub-window. EIF guarantees will help SMEs sustain jobs and support faster economic recovery. The European Investment Fund (EIF) and Raiffeisen BANK d.d. Bosna i Hercegovina signed a guarantee agreement allowing the bank to increase its lending capacity to offer €12 million of new financin... Tue, 18 Aug 2020 00:00:00 +0200 http://www.eif.org/what_we_do/guarantees/news/2020/eif-raiffeisen-bank-12-million-guarantee-agreement-to-support-sme-bosnia-and-herzegovina.htm http://www.eif.org/what_we_do/guarantees/news/2020/10-million-european-union-boosts-youth-employment-western-balkans.htm?media=rss&language=en Businesses offering employment or training to young people will benefit from €85 million in loans, thanks to a €10 million guarantee package financed by the European Union Up to 1 200 SMEs in Albania, Bosnia and Herzegovina and Kosovo *  will benefit and create up to 1 300 vocational training, internship or employment opportunities for local youth To address youth unemployment, a key economic and social challenge for the region, the European Union, through the European Investment Fund (EI... Thu, 6 Aug 2020 00:00:00 +0200 http://www.eif.org/what_we_do/guarantees/news/2020/10-million-european-union-boosts-youth-employment-western-balkans.htm http://www.eif.org/what_we_do/equity/news/2020/eureka-fund-technology-transfer-first-close-with-eu-support.htm?media=rss&language=en EUREKA! Venture SGR today announces the first closing of “Eureka! Fund I - Technology Transfer” and the start of the first investments. The fund reached this milestone with the support of the European Investment Fund (EIF) whose EUR 30 million investment, partially from Cassa Depositi e Prestiti (CDP) resources through the ITAtech platform, is supported by the European Union’s InnovFin programme. EUREKA! is the first independent venture capitalist in Italy focused in deeptech investments, i.e... Thu, 30 Jul 2020 00:00:00 +0200 http://www.eif.org/what_we_do/equity/news/2020/eureka-fund-technology-transfer-first-close-with-eu-support.htm http://www.eif.org/what_we_do/guarantees/news/2020/european-commission-eif-announce-new-covid19-measures-under-cultural-creative-sector-guarantee-facility.htm?media=rss&language=en The EIF and the European Commission are launching new COVID-19 support measures under the Cultural and Creative Sectors Guarantee Facility (CCS GF) Enhanced guarantee terms under the CCS GF for the benefit of over 2,500 businesses active in the cultural and creative sectors impacted by COVID-19 Call for Expression of interest including the updated terms launched today. The EIF and the European Commission are launching new COVID-19 support measures under the Cultural and Creative Sectors G... Wed, 29 Jul 2020 00:00:00 +0200 http://www.eif.org/what_we_do/guarantees/news/2020/european-commission-eif-announce-new-covid19-measures-under-cultural-creative-sector-guarantee-facility.htm http://www.eif.org/what_we_do/equity/news/2020/new-covid-19-innovfin-equity-measures.htm?media=rss&language=en New terms under InnovFin Equity to step-up support for the venture capital market EUR 100 million Recovery Equity Facility for Innovative Technology companies (RE-FIT) to support business impacted by COVID-19 The venture capital (VC) market and innovative companies impacted by the coronavirus will benefit from new measures developed and supported by the European Investment Fund (EIF), part of the European Investment Bank Group and the European Commission. The two institutions have developed... Tue, 28 Jul 2020 00:00:00 +0200 http://www.eif.org/what_we_do/equity/news/2020/new-covid-19-innovfin-equity-measures.htm http://www.eif.org/what_we_do/equity/news/2020/primo-space-first-italian-fund-to-invest-space-economy.htm?media=rss&language=en Primomiglio SGR launches first Italian venture capital fund - ‘Primo Space’ - focusing on space investments, with first closing at EUR 58 million and target size of EUR 80 million. European Investment Fund (EIF) and CDP Venture Capital SGR act as cornerstone investors in the fund, which was developed with the support of the Italian Space Agency. EUR 30 million EIF commitment backed by the new InnovFin Space initiative and the Investment Plan for Europe of the European Commission . Itali... Mon, 27 Jul 2020 00:00:00 +0200 http://www.eif.org/what_we_do/equity/news/2020/primo-space-first-italian-fund-to-invest-space-economy.htm http://www.eif.org/what_we_do/guarantees/news/2020/eib-group-banco-santander-provide-587-million-for-portuguese-smes-and-mid-caps-affected-by-covid-19-crisis.htm?media=rss&language=en The EIB Group is providing this financing as part of its package of emergency measures to support European companies amid the pandemic Part of the funds are facilitated under the Investment Plan for Europe The European Investment Bank (EIB) Group and Banco Santander Consumer Portugal (BSCP) are joining forces to support Portuguese small and medium-sized enterprises (SMEs) and mid-caps affected by the COVID-19 crisis. The EU bank and BSCP have signed two agreements to provide EUR 587 milli... Mon, 27 Jul 2020 00:00:00 +0200 http://www.eif.org/what_we_do/guarantees/news/2020/eib-group-banco-santander-provide-587-million-for-portuguese-smes-and-mid-caps-affected-by-covid-19-crisis.htm http://www.eif.org/what_we_do/microfinance/news/2020/coronavirus-eif-european-comission-launch-covid-measures-supporting-micro-and-social-enterprises.htm?media=rss&language=en Enhanced terms under the EaSI Guarantee Instrument to support micro- and social enterprises  in response to COVID-19 Call for Expression of interest launched today available for intermediaries with a potential outreach to thousands of individual micro-borrowers as well as micro and social enterprises The mandate has the backing of the Investment Plan for Europe. The EIF and the European Commission are launching new COVID-19 support measures under the EaSI Guarantee Instrument (EaSI) to enh... Fri, 24 Jul 2020 00:00:00 +0200 http://www.eif.org/what_we_do/microfinance/news/2020/coronavirus-eif-european-comission-launch-covid-measures-supporting-micro-and-social-enterprises.htm http://www.eif.org/what_we_do/guarantees/news/2020/eif-unicredit-bank-austria-provide-500-million-subsidised-loans-for-innovative-companies.htm?media=rss&language=en Guarantee agreement for innovative companies with up to 3,000 employees located in Austria to support the restart of the economy after the corona crisis Maximum loan amount of 7.5 million euros exclusively in Austria with UniCredit Bank Austria for innovative companies, now also specifically in the field of digitisation "After the lockdown, it's time for the restart! And thus nothing less than securing our future prosperity in the long term," says Susanne Wendler, Member of the Management... Thu, 23 Jul 2020 00:00:00 +0200 http://www.eif.org/what_we_do/guarantees/news/2020/eif-unicredit-bank-austria-provide-500-million-subsidised-loans-for-innovative-companies.htm http://www.eif.org/what_we_do/microfinance/news/2020/first-loan-under-easi-funded-signed-in-serbia.htm?media=rss&language=en EUR 10 million envisaged to support some 4,000 micro-enterprises under the EU programme for Employment and Social Innovation (EaSI) Funded Instrument. This is the very first loan under the EaSI Funded Instrument to be signed From all of the 34 countries that can access the EaSI Funded programme, the first transaction is taking place in Serbia The European Investment Fund (EIF) and the European Union announced today the first EaSI Funded Instrument loan transaction in Serbia, worth €10 m... Wed, 15 Jul 2020 00:00:00 +0200 http://www.eif.org/what_we_do/microfinance/news/2020/first-loan-under-easi-funded-signed-in-serbia.htm http://www.eif.org/what_we_do/microfinance/news/2020/first-easi-funded-loan-agreement-to-finance-micro-agro-sector-romania.htm?media=rss&language=en RON 35 million ( €7.3  million) will support some 700 micro-enterprises under the EU programme for Employment and Social Innovation (EaSI). This is the first EaSI-funded transaction to be implemented in Romania. The European Investment Fund (EIF) and the European Union today announced the first EaSI loan transaction in Romania, worth €7.3 million in local currency equivalent. The loan will allow Agricover, the only specialised financial services provider for farmers on the Romanian market... Mon, 13 Jul 2020 00:00:00 +0200 http://www.eif.org/what_we_do/microfinance/news/2020/first-easi-funded-loan-agreement-to-finance-micro-agro-sector-romania.htm http://www.eif.org/what_we_do/microfinance/news/2020/eu-support-new-nordic-life-science-venture-fund-eir-ventures.htm?media=rss&language=en Eir Ventures, a Nordic Life Science Venture Fund, today announced a first close of its new Fund of EUR 76 million. Eir Ventures will invest in innovative companies with products and technologies that address significant unmet medical needs and have the potential to improve the life of patients. The fund is launched with, among other investors, a EUR 20 million investment from the European Investment Fund (EIF), made possible under the European Fund for Strategic Investments, main pillar of th... Fri, 10 Jul 2020 00:00:00 +0200 http://www.eif.org/what_we_do/microfinance/news/2020/eu-support-new-nordic-life-science-venture-fund-eir-ventures.htm http://www.eif.org/what_we_do/guarantees/news/2020/european-support-first-close-forbion-growth-opportunities-fund.htm?media=rss&language=en European Investment Fund (EIF) backs new fund to invest in late-stage European life science companies with support under Investment plan for Europe. EUR 35 million investment in Growth Opportunities Fund, which now reaches first close at EUR 185 million (USD 208 million). Other investors include Pantheon, Lilly, Horizon Therapeutics plc, KfW Capital, Belgian Growth Fund and New Waves Investments. Forbion, a leading European life sciences venture capital firm, today announces the fir... Thu, 9 Jul 2020 00:00:00 +0200 http://www.eif.org/what_we_do/guarantees/news/2020/european-support-first-close-forbion-growth-opportunities-fund.htm http://www.eif.org/what_we_do/guarantees/news/2020/eib-group-bank-of-georgia-support-businesses-better-deal-covid-19-consequences.htm?media=rss&language=en EIB Group signed guarantee agreement supported by InnovFin SME Guarantee Facility enabling Bank of Georgia to provide up to €60 million in loans to SMEs The operation is expected to improve access to finance for over 100 businesses, particularly enterprises affected by the COVID-19 crisis This is the third operation of EIB Group’s InnovFin Guarantee Facility in Georgia The European Investment Bank Group (consisting of EIB and EIF) and Bank of Georgia have signed a guarantee agreement of u... Tue, 7 Jul 2020 00:00:00 +0200 http://www.eif.org/what_we_do/guarantees/news/2020/eib-group-bank-of-georgia-support-businesses-better-deal-covid-19-consequences.htm http://www.eif.org/what_we_do/guarantees/news/2020/investment-plan-for-europe-poland-in-responce-to-covid-19.htm?media=rss&language=en Agreement signed with Santander Leasing for a synthetic securitisation of a portfolio of leasing receivables amounting to PLN 2 billion (approximately €450 million).   Third synthetic securitisation operation with the Santander Bank Polska Group since 2018, for a total portfolio volume of PLN 5.9 billion (approximately €1.3 billion). The capital released by the securitisations will allow the Santander Bank Polska Group to commit to new lending and help companies impacted by the COVID-19 c... Thu, 2 Jul 2020 00:00:00 +0200 http://www.eif.org/what_we_do/guarantees/news/2020/investment-plan-for-europe-poland-in-responce-to-covid-19.htm http://www.eif.org/what_we_do/guarantees/news/2020/covid-19-eib-group-and-bbva-provide-eur1423-billion-for-smes-and-mid-caps-affected-by-the-crisis.htm?media=rss&language=en The European Investment Bank (EIB) Group and BBVA are set to join forces to support Spanish small and medium-sized enterprises (SMEs) and mid-caps affected by the COVID-19 crisis, signing two agreements to provide total financing of €1.423 billion. The EIB will grant €450 million to BBVA, which will in turn add a further €450 million, bringing the financing made available to the SMEs and mid-caps in question to €900 million. In addition, the EIB Group – via the European Investment Fund (EIF),... Wed, 1 Jul 2020 00:00:00 +0200 http://www.eif.org/what_we_do/guarantees/news/2020/covid-19-eib-group-and-bbva-provide-eur1423-billion-for-smes-and-mid-caps-affected-by-the-crisis.htm http://www.eif.org/what_we_do/equity/news/2020/oddo-bhf-asset-management-private-debt-fund-financing-german-mittelstand-companies.htm?media=rss&language=en The European Investment Fund (EIF) has made a cornerstone investment of up to EUR 50 million, using resources from the European Fund for Strategic Investments (EFSI), the main pillar of the Investment Plan for Europe. ODDO BHF Asset Management has successfully completed the first closing of ODDO BHF “Mittelstand” Senior Loan Fund, which is dedicated to professional investors exclusively. For this first closing and in the context of the Corona crisis, the company has raised EUR 131 million. Co... Wed, 24 Jun 2020 00:00:00 +0200 http://www.eif.org/what_we_do/equity/news/2020/oddo-bhf-asset-management-private-debt-fund-financing-german-mittelstand-companies.htm http://www.eif.org/what_we_do/microfinance/news/2020/additional-eu-funds-bavarian-start-ups.htm?media=rss&language=en LfA and European Investment Fund expand their partnership . Venture capital fund of funds topped up to reach €250 million. LfA Förderbank Bayern and the European Investment Fund (EIF) are further developing their successful cooperation for start-ups. The LfA-EIF Facility, a fund of funds aiming to improve financing conditions for innovative companies, will receive an additional €25 million from both LfA and the EIF, bringing its total to €250 million. This increases LfA's share to €125 m... Wed, 24 Jun 2020 00:00:00 +0200 http://www.eif.org/what_we_do/microfinance/news/2020/additional-eu-funds-bavarian-start-ups.htm http://www.eif.org/what_we_do/guarantees/news/2020/eib-group-bapr-provide-financing-sme-in-sicily.htm?media=rss&language=en The European Investment Fund (EIF, part of the EIB Group) and Banca Agricola Popolare di Ragusa (BAPR) sign agreement to grant new loans to medium-sized businesses on the island BAPR will provide finance totalling €200 million thanks to a guarantee issued by the EIF, backed by the EIB, structural funds via the Ministry of Economic Development (MISE), and the European Union’s COSME programme Over the next three years, around 2 000 businesses will be able to access finance on particularly f... Thu, 18 Jun 2020 00:00:00 +0200 http://www.eif.org/what_we_do/guarantees/news/2020/eib-group-bapr-provide-financing-sme-in-sicily.htm http://www.eif.org/what_we_do/guarantees/news/2020/eib-group-banco-sabadell-provide-576-millions-to-sme-mid-caps.htm?media=rss&language=en Green recovery: part of the funds will go to investments promoting climate action. The project is supported by the Investment Plan for Europe. The European Investment Bank (EIB) Group is joining forces with Banco Sabadell to support small and medium-sized enterprises (SMEs) – the businesses most affected by the economic impact of COVID-19. With this goal in mind, the EIB Group – via the European Investment Fund (EIF ), its subsidiary specialising in venture capital for SMEs – has granted ... Tue, 16 Jun 2020 00:00:00 +0200 http://www.eif.org/what_we_do/guarantees/news/2020/eib-group-banco-sabadell-provide-576-millions-to-sme-mid-caps.htm http://www.eif.org/what_we_do/guarantees/news/2020/eu-backs-norrsken-vc-fund-social-environmental-investments.htm?media=rss&language=en Norrsken VC Fund to get SEK 212 million (EUR 20 million) participation from the European Investment Fund (EIF). The fund focuses on impact-driven companies that use digital technologies to address societal challenges, such as software for reduction of CO 2 or food waste. The agreement has the backing of the Investment Plan for Europe. The European Investment Fund (EIF) has signed a SEK 212 million participation in the “NVC Fund 1 AB”, Norrsken for short, an impact investing fund focusin... Tue, 9 Jun 2020 00:00:00 +0200 http://www.eif.org/what_we_do/guarantees/news/2020/eu-backs-norrsken-vc-fund-social-environmental-investments.htm http://www.eif.org/what_we_do/guarantees/news/2020/social-finance-foundation-announces-two-funding-initiatives-for-community-organisations-and-social-enterprises-in-ireland.htm?media=rss&language=en 44m in additional low-cost funding from Irish banks €25m in Loan Guarantees from European Investment Fund The announcement today by Social Finance Foundation, of two new Agreements will mean greater access to social finance loans for organisations in the social sector.  The announcement has been welcomed by An Taoiseach, Leo Varadkar TD. Under the first Agreement, the Irish banks (AIB/EBS, Bank of Ireland, permanent tsb and Ulster Bank) will make available an additional €44 million in low... Mon, 18 May 2020 00:00:00 +0200 http://www.eif.org/what_we_do/guarantees/news/2020/social-finance-foundation-announces-two-funding-initiatives-for-community-organisations-and-social-enterprises-in-ireland.htm http://www.eif.org/what_we_do/equity/news/2020/partners-swiss-innovation-fund-first-closing.htm?media=rss&language=en A new fund advised by VI Partners Swiss Innovation fund (VIPSI) made a first closing in April 2020 with CHF 75m (EUR 71m). It has been supported by its anchor investors Venture Incubator, an evergreen investment structure with corporate investors (ABB, Bühler, Crédit Suisse, ETH, Hilti, McKinsey, Nestlé, Schindler, Sulzer, Suva, ZKB), the European Investment Fund (EIF) - under the Innovfin Equity Facility for Early stage backed by the European Commission’s Horizon 2020 Programme for Research ... Fri, 15 May 2020 00:00:00 +0200 http://www.eif.org/what_we_do/equity/news/2020/partners-swiss-innovation-fund-first-closing.htm http://www.eif.org/what_we_do/guarantees/news/2020/aros-kapital-to-support-micro-enterprises.htm?media=rss&language=en Aros Kapital signs SEK 200 million guarantee agreement with the European Investment Fund (EIF) under the European Union programme for Employment and Social Innovation. The guarantee will cover a portfolio of up to €18.1 million in loans from Aros Kapital, who will primarily support micro-enterprises with loans of up to €25 000 (SEK 275.000). The agreement has the backing of the Investment Plan for Europe. The European Investment Fund (EIF) has signed a SEK 200 million guarantee agreement w... Mon, 11 May 2020 00:00:00 +0200 http://www.eif.org/what_we_do/guarantees/news/2020/aros-kapital-to-support-micro-enterprises.htm http://www.eif.org/what_we_do/guarantees/news/2020/eif-pilot-guarantee-skills-education.htm?media=rss&language=en The European Investment Fund (EIF) and European Commission are launching a new pilot guarantee facility to improve access to finance for individuals and organisations looking to invest in skills and education. The EUR 50 million pilot scheme will support financing for students and learners, enterprises investing in the upskilling of their employees, and organisations supplying education and training. The Skills & Education Guarantee Pilot (S&E Pilot) is a new debt financing initiative... Wed, 22 Apr 2020 00:00:00 +0200 http://www.eif.org/what_we_do/guarantees/news/2020/eif-pilot-guarantee-skills-education.htm http://www.eif.org/what_we_do/guarantees/news/2020/eib-group-establishes-eur-25-billion-guarantee-fund-to-deploy-new-investments-in-response-to-covid-19-crisis.htm?media=rss&language=en Extraordinary Board of Directors meeting approves the EIB Group’s response to economic effects of COVID-19 crisis: a €25 billion European guarantee which aims to deliver up to €200 billion for the European economy Board decision follows 9 April recommendation by Eurogroup to include EIB proposal into joint EU response package The EIB Group is set to play a key role in the fight against the economic consequences of the COVID-19 pandemic. Following a recommendation by the Eurogroup on 9 April... Thu, 16 Apr 2020 00:00:00 +0200 http://www.eif.org/what_we_do/guarantees/news/2020/eib-group-establishes-eur-25-billion-guarantee-fund-to-deploy-new-investments-in-response-to-covid-19-crisis.htm http://www.eif.org/what_we_do/guarantees/news/2020/oneplanetcrowd-raises-growth-finance.htm?media=rss&language=en Crowdlending platform Oneplanetcrowd has attracted €1 million in growth finance from the European Investment Fund to support social entrepreneurship. The financing is made possible by the Employment and Social Innovation Programme (EaSI) of the European Union. In order to further develop its platform and achieve further growth, Oneplanetcrowd has attracted funding from the European Investment Fund (EIF) via the EU’s Employment and Social Innovation Programme Capacity Building Investments wi... Thu, 9 Apr 2020 00:00:00 +0200 http://www.eif.org/what_we_do/guarantees/news/2020/oneplanetcrowd-raises-growth-finance.htm http://www.eif.org/what_we_do/equity/news/2020/escalar.htm?media=rss&language=en Today, the Commission is launching ESCALAR, a new investment approach, developed together with the European Investment Fund (EIF), that will support venture capital and growth financing for promising companies, enabling them to scale up in Europe and help reinforce Europe’s economic and technological sovereignty. It will provide up to €300 million aiming to increase the investment capacity of venture capital and private equity funds, triggering investments of up to €1.2 billion, or four times... Wed, 8 Apr 2020 00:00:00 +0200 http://www.eif.org/what_we_do/equity/news/2020/escalar.htm http://www.eif.org/what_we_do/guarantees/news/2020/commission-eib-group-unlock-8-billions-small-medium-businesses.htm?media=rss&language=en The European Commission has unlocked €1 billion from the European Fund for Strategic Investments (EFSI) that will serve as a guarantee to the European Investment Fund (EIF), part of the European Investment Bank Group. This will allow the EIF to issue special guarantees to incentivise banks and other lenders to provide liquidity to at least 100,000 European SMEs and small mid-cap companies hit by the economic impact of the coronavirus pandemic, for an estimated available financing of €8 billio... Mon, 6 Apr 2020 00:00:00 +0200 http://www.eif.org/what_we_do/guarantees/news/2020/commission-eib-group-unlock-8-billions-small-medium-businesses.htm http://www.eif.org/what_we_do/guarantees/news/2020/eib-group-scale-up-economic-response-to-covid19-crisis.htm?media=rss&language=en EIB Group moves to scale up economic response to COVID-19 crisis Extraordinary Board of Directors discussed the EIB Group’s proposed response to economic effects of COVID-19 crisis: a €25 billion pan-European guarantee fund to support up to €200 billion for the European economy The Board also approved key elements of an emergency measure package announced in March The Board of Directors of the European Investment Bank (EIB) today discussed the creation of a €25 billion guarantee fund to e... Fri, 3 Apr 2020 00:00:00 +0200 http://www.eif.org/what_we_do/guarantees/news/2020/eib-group-scale-up-economic-response-to-covid19-crisis.htm http://www.eif.org/what_we_do/guarantees/news/2020/vækstfonden-to-boost-danish-smes.htm?media=rss&language=en EIF doubles existing guarantee facility for SME-investments by Danish National Promotional Institution Vækstfonden Size of guaranteed portfolio of investments by Vækstfonden will rise to DKK 280m Agreement supported under Juncker Plan’s European Fund for Strategic Investments The European Investment Fund (EIF) has signed an agreement with the Danish national promotional institution (NPI) Vækstfonden in support of local SMEs. The EIF will double its existing guarantee for financing that tar... Wed, 1 Apr 2020 00:00:00 +0200 http://www.eif.org/what_we_do/guarantees/news/2020/vækstfonden-to-boost-danish-smes.htm http://www.eif.org/what_we_do/equity/news/2020/gilde-healthcare.htm?media=rss&language=en Gilde Healthcare is announcing the first and final close of Gilde Healthcare V, a €416 million ($450 million) venture and growth capital fund. The new fund, which was oversubscribed, targets growth opportunities in a broad range of healthcare sectors including digital health, medtech and therapeutics both in Europe and North America. The fund will have a special attention for private healthcare companies enabling improved care at affordable cost. Gilde Healthcare V was raised in a single clos... Tue, 31 Mar 2020 00:00:00 +0200 http://www.eif.org/what_we_do/equity/news/2020/gilde-healthcare.htm http://www.eif.org/what_we_do/news/2020/covid19-eib-group-response.htm?media=rss&language=en EIB Group offers support to European companies under strain from the coronavirus pandemic and its economic effects Potential financing of up to EUR 40 billion can be mobilised at short notice, backed up by guarantees from the European Investment Bank Group and the European Union budget Extra funding available for healthcare sector for emergency infrastructure and development of cures and vaccines President Hoyer calls for significant, scalable additional guarantee from Member States to ... Tue, 17 Mar 2020 00:00:00 +0100 http://www.eif.org/what_we_do/news/2020/covid19-eib-group-response.htm http://www.eif.org/what_we_do/equity/news/2020/greek-business-investment-scheme.htm?media=rss&language=en New initiative to strengthen innovation, competitiveness and entrepreneurship Funding agreement signed in Athens by Hellenic Republic and European Investment Fund Scheme to support new business investment over the next 4 years Small and medium sized businesses across Greece will benefit from a new EUR 500 million investment programme launched by Prime Minister Mitsotakis and EIB Vice President Andrew McDowell in Athens earlier today. The new business financing initiative, supported by the ... Fri, 6 Mar 2020 00:00:00 +0100 http://www.eif.org/what_we_do/equity/news/2020/greek-business-investment-scheme.htm http://www.eif.org/what_we_do/equity/news/2020/help-young-people-back-on-track.htm?media=rss&language=en Today the Flemish government’s Opgroeien (‘Growing Up’) agency launched, with Minister Wouter Beke in attendance, a programme called ‘Back On Track’, to be run by the Courtrai-based non-profit organisation Oranjehuis. The programme will be financed through a Social Impact Bond (SIB). Oranjehuis will provide support and assistance to 133 young adults aged between 17 and 25 who are facing imminent homelessness. Back On Track will be run in line with the principle of Housing First for Youth, an ... Wed, 4 Mar 2020 00:00:00 +0100 http://www.eif.org/what_we_do/equity/news/2020/help-young-people-back-on-track.htm http://www.eif.org/what_we_do/equity/news/2020/eif-commits-30-million-pmi-italia.htm?media=rss&language=en This new EIF investment operation will help support new development projects benefiting Italian SMEs Thanks to the EIF’s participation, PMI Italia II will have EUR 110 million in available funds, with a target closing of EUR 150 million by June 2020 Launched in January 2019, the Fund had already completed EUR 32 million worth of investments via nine operations as of 31 December 2019 Conegliano (Tv) , 2 March 2020 – The European Investment Fund (EIF, part of the EIB Group) has signed an ... Tue, 3 Mar 2020 00:00:00 +0100 http://www.eif.org/what_we_do/equity/news/2020/eif-commits-30-million-pmi-italia.htm http://www.eif.org/what_we_do/guarantees/news/2020/eif-pilot-guarantee-instrument-bulgaria.htm?media=rss&language=en Guarantee agreements will help channel €200m to Bulgarian SMEs and small mid-caps to support 4 500 businesses in Bulgaria Some 10 000 Bulgarian businesses have benefited from EIB Group operations over the last 10 years The European Investment Fund (EIF) has signed three new guarantee agreements with Unicredit Bulbank, United Bulgarian Bank and ProCredit Bank (Bulgaria) to support the fastly-growing documentary finance activity in Bulgaria. Following these agreements, the three EIF partner... Thu, 27 Feb 2020 00:00:00 +0100 http://www.eif.org/what_we_do/guarantees/news/2020/eif-pilot-guarantee-instrument-bulgaria.htm http://www.eif.org/what_we_do/guarantees/news/2020/eif-noviti-finance-better-access-finance-for-baltic-micro-enterprise.htm?media=rss&language=en Noviti Finance signs guarantee agreement with European Investment Fund (EIF) under the European Union’s EaSI programme. The EIF will guarantee a portfolio of up to EUR 10 million in loans by Noviti Finance, who will primarily support micro enterprises with loans of up to EUR 25,000. The agreement has the backing of the Investment Plan for Europe. In order to stimulate small business financing in the Baltic States, non-bank business lender Noviti Finance, and the European Investment Fund... Thu, 20 Feb 2020 00:00:00 +0100 http://www.eif.org/what_we_do/guarantees/news/2020/eif-noviti-finance-better-access-finance-for-baltic-micro-enterprise.htm http://www.eif.org/what_we_do/guarantees/news/2020/eib-group-commerzbank-join-forces.htm?media=rss&language=en Up to EUR 400m fresh money for innovative businesses Support of EU bank provided under Investment Plan for Europe The EIB Group, consisting of the European Investment Bank (EIB) and the European Investment Fund (EIF), has provided a mezzanine tranche guarantee of around EUR 100m to Commerzbank AG on a EUR 1.500m granular portfolio of loans to SMEs and Mid-Caps originated by Commerzbank in its ordinary business. The guarantee will release regulatory capital for Commerzbank and will enable ... Wed, 19 Feb 2020 00:00:00 +0100 http://www.eif.org/what_we_do/guarantees/news/2020/eib-group-commerzbank-join-forces.htm http://www.eif.org/what_we_do/news/2020/official-eib-delegation-visit-in-italy.htm?media=rss&language=en President Hoyer and VP Scannapieco met the President of the Italian Republic Sergio Mattarella, Prime Minister Giuseppe Conte and Minister of Economy and Finance Roberto Gualtieri The Italian Government and the EIB signed a Memorandum of Understanding to enhance cooperation on investments in the country In 2019 Italy was the main recipient of EIB Group financing. In the last ten years the Group invested EUR 100 bn in Italy, supporting a total 280 bn of investments Rome, 19 th February 2... Wed, 19 Feb 2020 00:00:00 +0100 http://www.eif.org/what_we_do/news/2020/official-eib-delegation-visit-in-italy.htm http://www.eif.org/what_we_do/guarantees/news/2019/cosme-lgf-bank-gospodarstwa-krajowego-bgk.htm?media=rss&language=en Bank Gospodarstwa Krajowego (BGK) signed an agreement with the European Investment Fund (EIF) for additional resources to support Polish small and medium-sized enterprises (SMEs). Thanks to this agreement under the European Union’s SME programme COSME, the supported SME loan volume is expected to reach a total of PLN 10.5 billion (equivalent to almost EUR 2,5 billion). The financial envelope available to SMEs within the scheme has already increased tenfold since its establishment: from the or... Thu, 6 Feb 2020 00:00:00 +0100 http://www.eif.org/what_we_do/guarantees/news/2019/cosme-lgf-bank-gospodarstwa-krajowego-bgk.htm http://www.eif.org/what_we_do/equity/news/2020/blueinvest-fund-efsi.htm?media=rss&language=en Launch of the first ever equity funding programme for the EU blue economy sector at the BlueInvest Day conference in Brussels €75 million equity programme is now available to support equity funds investing in innovative European small and medium-sized Blue Economy companies Brussels, 4th February, 2020 —The European Commission is partnering with the European Investment Fund, part of the European Investment Bank Group (EIB), to launch the BlueInvest Fund today. During the BlueInvest Day conf... Tue, 4 Feb 2020 00:00:00 +0100 http://www.eif.org/what_we_do/equity/news/2020/blueinvest-fund-efsi.htm http://www.eif.org/what_we_do/equity/news/2020/bnp-efsi.htm?media=rss&language=en This co-investment agreement will enable BNP Paribas and the European Investment Fund to invest together in SIBs structured by BNP Paribas within the EU This fund is being launched under the Juncker Plan, and will make it possible for the EU to improve the access to finance of various social organisations and enterprises Three SIBs already financed will enable more than 1 000 students to receive targeted support and prevent over 130 children from being placed into care With a view to de... Mon, 3 Feb 2020 00:00:00 +0100 http://www.eif.org/what_we_do/equity/news/2020/bnp-efsi.htm http://www.eif.org/what_we_do/news/eib-president-regrets-brexit-welcomes-eu27-united-support-for-eib-group.htm?media=rss&language=en Ahead of the United Kingdom’s departure as a member of the European Investment Bank, as part of its withdrawal from the European Union, EIB President Werner Hoyer expressed his regret about Brexit, but welcomed the firm support of the EU 27 and the constructive engagement of the UK during withdrawal negotiations. The UK’s withdrawal from the European Union will automatically end its membership of the EIB and its 16.11% subscribed capital in the bank. “The EIB Group is an important benefit of ... Fri, 31 Jan 2020 00:00:00 +0100 http://www.eif.org/what_we_do/news/eib-president-regrets-brexit-welcomes-eu27-united-support-for-eib-group.htm http://www.eif.org/what_we_do/news/eib-group-press-conference-on-annual-results.htm?media=rss&language=en EU bank closes 2019 with stronger results in climate finance and a record number of deals Share of climate financing rises to 31% of EIB’s total, underlining the Bank’s commitment to play a key role in the European Green Deal and the fight against global warming. EIB Group financing increases by 13% to more than EUR 72 billion. Highest number of financing operations: 1 095, up 28% from 2018. EIB financing outside the EU brings 10-year total to almost EUR 70 billion, of which almost EUR 2... Thu, 30 Jan 2020 00:00:00 +0100 http://www.eif.org/what_we_do/news/eib-group-press-conference-on-annual-results.htm http://www.eif.org/what_we_do/guarantees/news/2020/efsi-innovfin-arianegroup.htm?media=rss&language=en EUR 100 million contingent loan for the new Ariane 6 launcher programme, a European Space Agency programme with ArianeGroup as Industrial lead contractor and design authority First EUR 100 million venture capital programme under InnovFin to support innovation and growth of European smaller and medium-sized space technology companies The European Commission is partnering with the European Investment Bank Group, announcing EUR 200 million of investments into the EU space sector, supporting ... Tue, 21 Jan 2020 00:00:00 +0100 http://www.eif.org/what_we_do/guarantees/news/2020/efsi-innovfin-arianegroup.htm http://www.eif.org/what_we_do/guarantees/news/2020/efsi-innovfin-unicredit.htm?media=rss&language=en Mobilising EUR 500m of new funds to support innovative companies in nine CEE countries Funds will be allocated through nine local banks and six leasing companies 1,300 SMEs are expected to be supported The European Investment Fund (EIF) and UniCredit have agreed to increase the InnovFin SME guarantee aimed at improving access to finance for innovative small and medium-sized enterprises (SMEs) and small mid-caps in nine countries. This new agreement will allow UniCredit to offer, via its ni... Wed, 15 Jan 2020 00:00:00 +0100 http://www.eif.org/what_we_do/guarantees/news/2020/efsi-innovfin-unicredit.htm http://www.eif.org/what_we_do/guarantees/news/2019/efsi-eib-group-europejski-fundusz-leasingowy.htm?media=rss&language=en Securitisation of a leasing portfolio worth PLN 2.1 billion (approximately EUR 490 million) will unlock PLN 3.1 billion (approximately EUR 723 million) of additional funds for Polish companies The transaction is guaranteed by the EIB Group thanks to the Juncker Plan One third of the new leases benefiting from the Juncker Plan will be dedicated to women-led businesses The European Investment Bank Group (EIB Group), formed by the European Investment Bank (EIB) and the European Investment ... Thu, 19 Dec 2019 00:00:00 +0100 http://www.eif.org/what_we_do/guarantees/news/2019/efsi-eib-group-europejski-fundusz-leasingowy.htm http://www.eif.org/what_we_do/news/2019/alain-godard-appointed-as-chief-executive.htm?media=rss&language=en The Board of Directors of the European Investment Fund (EIF) has appointed Mr Alain Godard as Chief Executive of the European Investment Fund. He will take up his duties on 1st January 2020 and succeeds Pier Luigi Gilibert. Commenting on the appointment, Dario Scannapieco, Vice President of the European Investment Bank (EIB) and Chairman of the EIF Board of Directors said: “I am delighted to announce the appointment of Alain Godard as the new EIF Chief Executive. His institutional and operati... Fri, 13 Dec 2019 00:00:00 +0100 http://www.eif.org/what_we_do/news/2019/alain-godard-appointed-as-chief-executive.htm http://www.eif.org/what_we_do/guarantees/news/2019/efsi-ver-capital-sgr-vapital-credit-partners-smes.htm?media=rss&language=en Ver Capital SGR has announced the launch of a diversified loan fund supporting Italian and European SMEs. The European Investment Fund will be a cornerstone investor, backed by the guarantee of the European Fund for Strategic Investments (EFSI), the main pillar of the Investment Plan for Europe, or Juncker Plan. The European Investment Fund (EIF) has committed up to EUR 35 million in Ver Capital Credit Partners SMEs VII (“VCCP SME VII” or the “Fund”), a Luxembourg-based alternative investment... Thu, 12 Dec 2019 00:00:00 +0100 http://www.eif.org/what_we_do/guarantees/news/2019/efsi-ver-capital-sgr-vapital-credit-partners-smes.htm http://www.eif.org/what_we_do/guarantees/news/2019/easi-cdp-fii.htm?media=rss&language=en European Investment Fund (EIF) and Cassa Depositi e Prestiti (CDP) reaffirm commitment for Italian SMEs, Mid-Caps and start-ups. EIF and Fondo Italiano d’Investimento (FII) sign co-investment deal to support private equity and debt for SMEs. Micro enterprises in social and cultural sectors to get enhanced access to finance through ongoing EIF-CDP cooperation under European Commission’s EaSI programme. The European investment fund (EIF, part of the EIB Group) and Cassa Depositi e Prestit... Fri, 6 Dec 2019 00:00:00 +0100 http://www.eif.org/what_we_do/guarantees/news/2019/easi-cdp-fii.htm http://www.eif.org/what_we_do/guarantees/news/2019/cosme-bppb-italy.htm?media=rss&language=en The European Investment Fund (EIF) and the Banca Popolare di Puglia e Basilicata (BPPB) have signed a new agreement in support of SMEs in Southern Italy. Through an EIF guarantee, backed by own resources, EIB funds, ESIF and COSME funds, BPPB will award EUR 120m in new loans to SMEs in Italy’s southern regions. This operation is the third agreement between BPPB and the EIF in 2019, following on the “InnovFin” and “Agri Italy” (for agricultural investments in Apulia) initatives. The Banc... Thu, 5 Dec 2019 00:00:00 +0100 http://www.eif.org/what_we_do/guarantees/news/2019/cosme-bppb-italy.htm http://www.eif.org/what_we_do/guarantees/news/2019/efsi-innovfin-unicredit.htm?media=rss&language=en Guarantee agreement increased to EUR 500m EUR 300m of additional funds for innovative SMEs in Austria The European Investment Fund (EIF) and UniCredit Bank Austria are expanding their partnership. An earlier, EUR 200m guarantee agreement from 2016 is now set to be increased to EUR 500m, with the EIF using the InnovFin SME Guarantee Facility to back new loans from UniCredit Bank Austria totalling EUR 300m. This has been made possible by support from the European Fund for Strategic Investme... Thu, 5 Dec 2019 00:00:00 +0100 http://www.eif.org/what_we_do/guarantees/news/2019/efsi-innovfin-unicredit.htm http://www.eif.org/what_we_do/guarantees/news/2019/efsi-inaf-france.htm?media=rss&language=en Minister for Agriculture and Food Didier Guillaume, Vice-President of the European Investment Bank Group Ambroise Fayolle and Chief Executive of the European Investment Fund Pier Luigi Gilibert today signed an agreement with the representatives of Arkéa, BPCE Group, Crédit Agricole and Crédit Mutuel to roll out the French National Agriculture Initiative (INAF). INAF was created in connection with the French Government’s Investment Plan 2018-2022 by the European Investment Fund (EIF), a subsid... Wed, 4 Dec 2019 00:00:00 +0100 http://www.eif.org/what_we_do/guarantees/news/2019/efsi-inaf-france.htm http://www.eif.org/what_we_do/guarantees/news/2019/easi-microfinance-and-social-entreprise.htm?media=rss&language=en The European Union, the European Investment Fund (EIF) , and the European Investment Bank (EIB) have launched a EUR 200 million loan fund to support lending to micro-enterprises and social enterprises under the EU Programme for Employment and Social Innovation (EaSI). In line with the EU’s policy objectives, the fund will promote microfinance and social entrepreneurship in EU Member States and other participating countries, by encouraging microfinance institutions and social enterprise lender... Fri, 29 Nov 2019 00:00:00 +0100 http://www.eif.org/what_we_do/guarantees/news/2019/easi-microfinance-and-social-entreprise.htm http://www.eif.org/what_we_do/guarantees/news/2019/efsi-eif-october.htm?media=rss&language=en Lending marketplace October announces new €100 million commitment from European Investment Fund and other leading investors to support European SMEs The European Investment Fund (EIF) is renewing its support to European SME, under the “Private Credit Tailored for SMEs” programme, alongside other top tier institutional investors including CNP Assurances, Bpifrance and Zencap. A new €100 million commitment was signed by the EIF, CNP Assurances, Bpifrance and Zencap among others to finance Europ... Wed, 27 Nov 2019 00:00:00 +0100 http://www.eif.org/what_we_do/guarantees/news/2019/efsi-eif-october.htm http://www.eif.org/what_we_do/equity/news/2019/eif-lff-snci.htm?media=rss&language=en On 18 November 2019, the Luxembourg Future Fund SICAV-SIF (LFF) organised its first Annual Networking Event showcasing the developments of the Luxembourg Future Fund and providing an opportunity to connect policy makers, fund managers, innovative Blue Chips, academics, current and future entrepreneurs, incubators and accelerators, and other key actors of the Luxembourg’s ecosystem. The LFF is a EUR 150 million equity fund set up in 2015 by the Société Nationale de Crédit et d’Investissement (... Mon, 18 Nov 2019 00:00:00 +0100 http://www.eif.org/what_we_do/equity/news/2019/eif-lff-snci.htm http://www.eif.org/what_we_do/guarantees/news/2019/efsi-creditshelf-germany.htm?media=rss&language=en Creditshelf Aktiengesellschaft, a pioneer in online SME financing in Germany, launches a diversified debt fund for institutional investors supporting German SMEs. The European Investment Fund (EIF) will be a cornerstone investor, using resources from the European Fund for Strategic Investments (EFSI), the main pillar of the Investment Plan for Europe, or Juncker Plan. The European Investment Fund (EIF) makes a cornerstone investment of EUR 30 million in the creditshelf Loan Fund, a diversifie... Thu, 14 Nov 2019 00:00:00 +0100 http://www.eif.org/what_we_do/guarantees/news/2019/efsi-creditshelf-germany.htm http://www.eif.org/what_we_do/guarantees/news/2019/efsi-easi-socoden-cgscop.htm?media=rss&language=en The EIF counter-guarantees Socoden-FEC for up to EUR 25 million, helping to guarantee loans of less than EUR 500 000 to cooperative enterprises The initiative is financed by the European Commission's Programme for Employment and Social Innovation (EaSI) and backed by the Juncker Plan The European Investment Fund announced today the signing of a EUR 25 million guarantee to Socoden-FEC, a cooperative public limited company created in 1965 by the French General Confederation of  Cooperative ... Fri, 8 Nov 2019 00:00:00 +0100 http://www.eif.org/what_we_do/guarantees/news/2019/efsi-easi-socoden-cgscop.htm http://www.eif.org/what_we_do/guarantees/news/2019/efsi-ifd-portugal-tech-faber.htm?media=rss&language=en EIF and IFD sign this agreement under PORTUGAL TECH and Juncker Plan, being the 4 th joint commitment to Portuguese fund managers in less than one year The agreement with Faber Capital was signed at the Web Summit 2019 in Lisbon in the presence of EU Commissioner Moedas and Minister of Economy Pedro Siza Vieira The European Investment Fund (EIF) and Instituição Financeira de Desenvolvimento (IFD) have signed a EUR 15 million commitment to Faber Tech II, a new venture capital fund focused ... Tue, 5 Nov 2019 00:00:00 +0100 http://www.eif.org/what_we_do/guarantees/news/2019/efsi-ifd-portugal-tech-faber.htm http://www.eif.org/what_we_do/guarantees/news/2019/sme-santander.htm?media=rss&language=en EUR 900m will go to SMEs finding it hardest to access finance, such as micro-enterprises and entrepreneurs The agreements will make it possible to provide EUR 1bn to business owners that need to renew their vehicles Employment impact: the operation will help maintain almost 400 000 jobs Some of these funds will be granted with Investment Plan for Europe support The European Investment Bank Group, composed of the European Investment Bank (EIB) and European Investment Fund (EIF), and Ba... Tue, 29 Oct 2019 00:00:00 +0100 http://www.eif.org/what_we_do/guarantees/news/2019/sme-santander.htm http://www.eif.org/what_we_do/guarantees/news/2019/cosme-digitalisation.htm?media=rss&language=en The European Commission and EIF have launched today the Digitalisation Pilot under the COSME Loan Guarantee Facility. Today’s initiative allows the EIF to provide support under the programme specifically for the purpose of digital transformation of SMEs. While digitalisation is recognised to be a key driver of competitiveness, limited access to finance is one of the elements that negatively affects the possibility for SMEs to digitalise. By enhancing access to finance to SMEs for their digita... Thu, 24 Oct 2019 00:00:00 +0200 http://www.eif.org/what_we_do/guarantees/news/2019/cosme-digitalisation.htm http://www.eif.org/what_we_do/guarantees/news/2019/efsi-cosme-marginal.htm?media=rss&language=en Marginalen Bank will lend up to SEK 200 million (EUR 18.5m) to Swedish small and medium-sized enterprises (SMEs), within the framework of a COSME guarantee agreement signed with the European Investment Fund (EIF). The COSME guarantee focuses on helping companies with slightly higher risk profiles, who need to borrow between SEK 250.000 and SEK 1.5 million. In Sweden, tens of thousands of companies are often excluded from bank loans because of their risk profiles. The COSME guarantee is Margin... Thu, 24 Oct 2019 00:00:00 +0200 http://www.eif.org/what_we_do/guarantees/news/2019/efsi-cosme-marginal.htm http://www.eif.org/what_we_do/guarantees/news/2019/efsi-jobs-mfi.htm?media=rss&language=en BGN 10m (EUR 5.1m) envisaged to support 320 micro-enterprises First Employment and Social Innovation Programme (EaSI) guarantee to be implemented in Bulgaria Distribution through JOBS and BDB branches, local Labour Ministry agencies, business centre networks Agreement backed by the Juncker Plan The European Investment Fund (EIF), part of the EIB Group, concluded the first microfinance guarantee agreement in Bulgaria, under the European Commission's Programme for Employment and Social ... Thu, 24 Oct 2019 00:00:00 +0200 http://www.eif.org/what_we_do/guarantees/news/2019/efsi-jobs-mfi.htm http://www.eif.org/what_we_do/equity/news/2019/kepler-cheuvreux-european-private-equity.htm?media=rss&language=en 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. The cooperation leverages two major assets: On one side, the EIF brings its 25-year expertise in the field of private equity and venture capital investment; Over a 3, ... Thu, 10 Oct 2019 00:00:00 +0200 http://www.eif.org/what_we_do/equity/news/2019/kepler-cheuvreux-european-private-equity.htm http://www.eif.org/what_we_do/guarantees/news/2019/easi-sogama.htm?media=rss&language=en EIF counter-guarantees SOGAMA Credit Associatif up to EUR 30 million helping to guarantee loans below EUR 500,000 for social enterprises. The initiative is financed by the European Union Programme for Employment and Social Innovation (EaSI) and guaranteed by the Juncker Plan. 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... Mon, 7 Oct 2019 00:00:00 +0200 http://www.eif.org/what_we_do/guarantees/news/2019/easi-sogama.htm http://www.eif.org/what_we_do/guarantees/news/2019/efsi-ccs-marginalen.htm?media=rss&language=en Marginalen Bank launches ” Kreatörslånet ” with EIF-backing under Creative Europe and the European Fund for Strategic Investments of the Juncker Plan Loans of up to SEK 1 million for entrepreneurs in the creative and cultural sectors Total of SEK 200 million available for entrepreneurs, guaranteed up to 70% by the EIF 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 creator... Thu, 3 Oct 2019 00:00:00 +0200 http://www.eif.org/what_we_do/guarantees/news/2019/efsi-ccs-marginalen.htm http://www.eif.org/what_we_do/guarantees/news/2019/efsi-feelsgood.htm?media=rss&language=en Croatian start-ups with environmental and social impact expected to benefit from EIF- and EFSI-backed Feelsgood Venture Capital Fund; Feelsgood is the first social impact fund in Croatia and the first VC fund in Croatia managed completely by a Croatian team ; EIF commitment is expected to have an important signalling effect for further investments with impact in Central and Southern Europe. Croatian early- to growth-stage startups with an environmental and social impact will benefit fro... Thu, 3 Oct 2019 00:00:00 +0200 http://www.eif.org/what_we_do/guarantees/news/2019/efsi-feelsgood.htm http://www.eif.org/what_we_do/guarantees/news/2019/eif-smei-romania.htm?media=rss&language=en Romanian companies receive up to EUR 1.38bn under SME Initiative (SMEi) Increased financing volumes for five Romanian banks and transactions with two new banks to improve access of Romanian SMEs to finance at advantageous terms More than 5,000 companies are expected to benefit 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... Thu, 3 Oct 2019 00:00:00 +0200 http://www.eif.org/what_we_do/guarantees/news/2019/eif-smei-romania.htm http://www.eif.org/what_we_do/guarantees/news/2019/efsi-innovfin-confidi.htm?media=rss&language=en The new direct lending fund is the result of cooperation between October, Confidi of Federconfidi-Confindustria and the European Investment Fund (FEI), supported by the Investment Plan for Europe or Juncker Plan. October, associated with Confidi, announces today the first closing of the fund with a focus on supporting Italian SMEs growth. Thanks to the contribution of Confidi and the impact of the guarantee provided by InnovFin, eligible SMEs will benefit from a reduction in the cost of f... Wed, 2 Oct 2019 00:00:00 +0200 http://www.eif.org/what_we_do/guarantees/news/2019/efsi-innovfin-confidi.htm http://www.eif.org/what_we_do/guarantees/news/2019/eif-easi-microlux.htm?media=rss&language=en Pour ce communiqué de presse en Français, cliquer ici .  On 26 September, the EIF signed an agreement to acquire a EUR 500 000 stake in microlux. The operation was made possible thanks to the EU Programme for Employment and Social Innovation (EaSI) implemented by the EIF The aim is to increase microlux’s ability to take action and support the institution’s growth trajectory Access to credit for microentrepreneurs without access to the traditional banking system will be boosted conside... Fri, 27 Sep 2019 00:00:00 +0200 http://www.eif.org/what_we_do/guarantees/news/2019/eif-easi-microlux.htm http://www.eif.org/what_we_do/guarantees/news/2019/eif-efsi-pko.htm?media=rss&language=en The programme worth PLN 2.5bn (EUR 575 million) is the biggest ever securitization in the Polish market Through the joint involvement of European Investment Bank and European Investment Fund, the EIB Group will subscribe PLN 1.54bn (EUR 355 million) of notes, partially guaranteed by the Juncker Plan’s European Fund for Strategic Investments The funding and capital relief generated will enable PKO Leasing to continue increasing its leasing activity and support small and medium-sized business... Thu, 26 Sep 2019 00:00:00 +0200 http://www.eif.org/what_we_do/guarantees/news/2019/eif-efsi-pko.htm http://www.eif.org/what_we_do/news/2019/eif-alior-leasing.htm?media=rss&language=en EIF and Alior Leasing launched securitisation transaction in Poland The programme is worth PLN 500 million (EUR 116.3 million) is the first securitization for Alior Leasing.   The EIF’s involvement makes it possible for international investors to participate in the securitization   Alior Leasing sp. z o.o., leasing subsidiary within Alior Bank Group, concluded a securitisation transaction concerning part of its receivables portfolio, which amounted to PLN 500 million. The securitisation a... Wed, 25 Sep 2019 00:00:00 +0200 http://www.eif.org/what_we_do/news/2019/eif-alior-leasing.htm http://www.eif.org/what_we_do/guarantees/news/2019/easi-unicredit.htm?media=rss&language=en Follows first EUR 50m agreement signed with European Investment Fund (EIF) in 2018 to benefit around 2,500 Italian micro-enterprises, and recent credit lines to social enterprises and female entrepreneurs; Total microcredit programme in Italy now at EUR 110m Up to EUR 25 000 per loan, with an EU-backed guarantee from the European Investment Fund (EIF)  under the EU programme for Employment and Social Innovation (EaSI) Interested businesses can request access to the Qredits tool for assist... Mon, 23 Sep 2019 00:00:00 +0200 http://www.eif.org/what_we_do/guarantees/news/2019/easi-unicredit.htm