The European Investment Fund and Bpifrance have signed on February 1st a guarantee agreement – the first in France supported under the new Cultural and Creative Sectors Guarantee Facility from the EU’s Creative Europe programme. The European Union’s support allows Bpifrance to create a new financing product (Prêt Industries Créatives) which will target a portfolio […]
BGK supports innovative entrepreneurs in Poland
Innovative entrepreneurs have received loans in the amount of PLN 457 m thanks to guarantees granted by Bank Gospodarstwa Krajowego In the last year innovative entrepreneurs could receive free guarantees offered by BGK. More than PLN 250 m from the Guarantee Fund has enabled companies to raise financing from commercial banks in the amount of […]
National Guaranteee Fund Bulgaria and the EIF sign further funding within COSME
The European Investment Fund (EIF) and the National Guarantee Fund EAD (NGF) have signed an agreement that will release an additional EUR 40 million for Bulgarian small and medium-sized enterprises (SMEs) under the European Commission’s COSME programme. This transaction benefits from the support of the European Fund for Strategic Investments (EFSI), the heart of the […]
Extension of the Investment Plan for Europe: Bpifrance Projects and Proposals
January 2017 We gladly publish this note from our French member Bpifrance: More than a year after the European Fund for Strategic Investments (EFSI) was set up, Bpifrance applauds the initial results of the Investment Plan for Europe (IPE), as regards the SME window in particular. In June 2016, 185 contracts were signed in 26 […]
Investment Plan for Europe: EUR 360 million for Italian SMEs
The European Investment Fund (EIF), Artigiancredito Toscano (ACT) and five guaranteeing institutions (‘confidis’), have signed an umbrella agreement in Italy under the European Commission’s COSME programme. This transaction benefits from the support of the European Fund for Strategic Investments (EFSI), the heart of the Investment Plan for Europe. Thanks to the financial backing of the […]
Investment Plan for Europe: EUR 1 billion in loans for French SMEs following EIF and SOCAMA agreement
The European Investment Fund (EIF), Banque Populaire and the Federation Nationale des SOCAMA (SOCAMA) have signed an agreement to support additional EUR 1 billion of loans to small and medium-sized enterprises (SMEs) in France. The loans will be provided as a result of a guarantee from EIF under the European Commission’s COSME programme. This transaction […]
New 1.6B credit line to support Portuguese SMEs
Today 16 January 2017, the Portuguese government, IAPMEI, PME Investimentos and the Portuguese mutual guarantee scheme, member of AECM, launched a new 1,6 billion euros credit line with partial guarantee (from 50% to 70%) from the private mutual guarantee societies (MGS) and partial public counterguarantee (up to 65%) from the FCGM, managed by SPGM. This […]
EIF and CMZRB sign extension of COSME agreement
An amendment to the COSME agreement signed between the European Investment Fund and the Czech-Moravian Guarantee and Development Bank in December 2016 enables to guarantee loans for small entrepreneurs in an additional amount of EUR 370m (CZK 10bn) during next two years. The COSME agreement between EIF and CMZRB was signed in August 2015. Until […]
Investment plan for Europe: EIB Group and Bpifrance sign two agreements to support sustainable industry and innovative SMEs
Bpifrance and the European Investment Bank (EIB) Group are strengthening their commitment to the Investment Plan for Europe with two new agreements: support for technological industrialisation via the creation of the first European investment platform and financing of innovative SMEs and midcaps with the renewal of the InnovFin SMEG agreement. The signing ceremony took place […]
Siagi introduces BIPE rating
SIAGI accelerates its digital transformation by introducing BIPE Rating in order to facilitate access to finance of micro enterprises Paris, 21 June 2016 – SIAGI, a guarantee society which offers financial guarantees to micro enterprises to facilitate obtaining a loan via all banking networks, decided to introduce BIPE Rating, a tool for evaluation and analysis […]
