Release date: 15 July 2019
Promoter – Financial Intermediary
MEDIOCREDITO ITALIANO SPALocation
Description
The project concerns a loan to finance small and medium sized enterprises (SMEs) and Midcaps operating in the field of agriculture and bioeconomy. At least 10% of the total loan amount will be dedicated to young farmers.
Objectives
The purpose of the operation is to increase competitiveness and access to finance at favorable conditions for SMEs and Midcaps in the sector.
Sector(s)
- Credit lines - Credit lines
Proposed EIB finance (Approximate amount)
EUR 100 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 - 11/10/2019
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).