Release date: 24 October 2016
Promoter – Financial Intermediary
CAIXA ECONOMICA MONTEPIO GERALLocation
Description
Dedicated EIB facility to finance small and medium-sized eligible investments promoted by riskier small and medium-sized enterprises (SMEs) or mid-caps, including start-ups and the self-employed, and other SMEs and mid-caps creating training and/or employment opportunities
Objectives
The main objective is to support SMEs and mid-caps (in particular riskier SMEs) which promote the creation and maintenance of jobs, with a special focus on start-ups, the self-employed and youth employment.
Sector(s)
- Credit lines - Credit lines
Proposed EIB finance (Approximate amount)
EUR 20 million
Total cost (Approximate amount)
not applicable
Environmental aspects
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Procurement
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Status
Signed - 24/10/2016
Disclaimer
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).