*** The February 2022 update of our AECM brochure on the covid and recovery measures of our members is out. Have a look under this link ***
AECM contributed to the OECD in-depth analysis of one year of SME and entrepreneurship policy responses to COVID-19
Guarantee institutions stand ready to support SMEs that are under pressure in times of economic distress caused by the outbreak of COVID-19. Many of them reacted in no time, setting up specific support schemes with favourable conditions. Read more about their actions as well as our requests to EU decision-takers here: Press release
AECM members inform about the measures they adopt to support SMEs through the covid crisis on dedicated web pages, in FAQs, via hotlines and so on. Please find here a list of links to the information pages.
Demand for guarantees exploded in the month of April 2020 and guarantee institutions do what they can to respond to this increased demand. Find here a hand-out giving an – of course non-exhaustive – overview of efforts undertaken by our members.
Following an agreement between the European Commission and the EIB Group, on 6th April 2020, the EIF announced a top-up of the funding of the EU financial instruments COSME and InnovFin with favourable conditions. AECM warmly thanks the Commission as well as EIB and EIF for their swift and pertinent reaction to the corona crisis. Read more in our press release.
On 27th May 2020, the European Commission presented its updated proposal for the next Multiannual Financial Framework (MFF) including a recovery fund. Please find under this link the first reaction of AECM on this proposal.
On 2nd June 2020, AECM Special Honorary Chairman José Fernando Figueiredo presented the measures of AECM members to mitigate the economic consequences of the covid pandemic at an OECD webinar. Have a look at his presentation under this link.
AECM members took extensive measures to support SMEs throughout the pandemic. From 30th November 2020 on, we are publishing member sheet in order to present you the measures taken by guarantee institutions. These sheets are work in progress and will be updated as new measures are notified. Follow us on LinkedIn, Twitter and/or Facebook to receive updates:
aws / Austria – 30th November 2020 – updated on 16th July 2021
NRB / Czechia – 1st December 2020 – updated on 1st September 2021
PMV/z Waarborgen / Belgium – 2nd December 2020 – updated on 21st January 2021 and on 25th August 2021
SIAGI / France – 3rd December 2020 – updated on 31st August 2021
Finnvera / Finland – 4th December 2020 – updated on 15th September 2021
Bpifrance / France – 7th December 2020
VDB / Germany – 8th December 2020 – updated on 6th September 2021
FNGCIMM / Romania – 9th December 2020
SBCI / Ireland – 10th December 2020
AVHGA / Hungary – 11th December 2020 – updated on 3rd August 2021
MDB / Malta – 14th December 2020 – updated on 31st January 2022
NÖBEG / Austria – 15th December 2020 – updated on 8th July 2021
HDB / Greece – 16th December 2020
MGFSME / Bulgaria – 17th December 2020
MC / Luxembourg – 18th December 2020
CESGAR / Spain – 4th January 2021 – updated on 2nd February 2021
SOCAMA / France – 5th January 2021 – updated on 1st September 2021
Garantiqa / Hungary – 6th January 2021
BGK / Poland – 7th January 2021 – updated on 2nd August 2021
SOWALFIN / Belgium – 8th January 2021
Fonds Bruxellois de Garantie / Belgium – 11th January 2021 – updated on 2nd February 2022
KCGF / Kosovo – 12th January 2021 – updated on 10th September 2021
ALTUM / Latvia – 13th January 2021
ISMEA / Italy – 14th January 2021
TESKOMB / Turkey – 15th January 2021
TMEDE / Greece – 18th January 2021
SEF / Slovenia – 21st January 2021 – updated on 3rd February 2021
KredEx / Estonia – 25th January 2021
MCGF / Azerbaijan – 25th January 2021
INVEGA / Lithuania – 26th January 2021
HAMAG-BICRO / Croatia – 28th January 2021
Assoconfidi / Italy – 28th January 2021
KGF / Turkey – 29th January 2021
BBB / UK – 2nd February 2021 – updated on 1st February 2022
RVO / Netherlands – 2nd February 2021
FSECA / Russia – 3rd February 2021
Garfondas / Lithuania -3rd February 2021
BPF / Portugal – 5th February 2021
GF Vojvodina / Serbia – 8th February 2021
GF Srpska / Bosnia and Herzegovina – 9th February 2021
NSGI / Switzerland – 26th January 2022
