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Référence: 20220306
Date de publication: 9 juin 2022

Promoteur – Intermédiaire Financier

ACCEPTABLE CORPORATE(S)

Lieu

Description

The project refers to a programme loan for investments comprising Thematic Venture Debt (Equity Type) operations eligible under the Thematic Innovation - Research, Innovation and Digitalisation Window (RIDW) InvestEU Window, including: 1.1. Health Innovation; 1.2. Future Tech; and 1.3 Areas of strategic importance. The programme loan will be implemented in EU Member States and the investments to be financed are expected to be implemented within the period 2022-2028, unless the facility is extended.

Additionality and Impact

The programme loan concerns the investments for the development of innovative technologies suitable to strengthen the EU's position among Thematic Innovation as defined in Invest EU. More specifically in the fields of: (a) research, development and innovation, (b) the development, deployment and scaling-up of digital technologies and services, especially digital technologies and services, including media, online service platforms and secure digital communication, that contribute to the objectives of the Digital Europe Programme, (c) social investments, including those supporting the implementation of the European Pillar of Social Rights, (d) the development of the defence industry in order to contribute to the Union's strategic autonomy, (e) Space, in particular in relation to the development of the space sector in line with the objectives of the Space Strategy for Europe. Finally, the programme loan concerns financial support to entities employing up to 499 employees, with a particular focus on SMEs, and small Mid-Cap companies.

 

The EIB financing therefore supports investments addressing the market failures and gaps associated with imperfect competition and incomplete markets for very innovative and still market-entry stage technologies, and those associated with positive environmental, social and knowledge externalities generation.


The sub-projects concerning the operations under this Programme Loan are expected to be sound, properly managed and implemented by competent and knowledgeable management and development teams, which will make possible implementing them, delivering the expected results and addressing the relevant market failures.


The financing structure under this equity-type operation is designed to address high-risk investments that are requiring long-term capital, so the EIB is additional in terms of both maturity and volume. A similar long-term financing structure is not available from other market players at comparable terms and/or within the same crucial timeframe. The EIB's expertise is pivotal in quasi-equity transactions as they involve a highly customised structuring component, a key element of this innovative financing, and frequent monitoring to ensure consistency with policy objectives and implementation milestones.

Objectifs

Programme loan under InvestEU RIDW Thematic Innovation aiming at providing venture debt finance to eligible counterparts in all InvestEU eligible countries.

Secteur(s)

  • Industrie - Industrie manufacturière
  • Services - Activités spécialisées, scientifiques et techniques
  • Santé - Santé humaine et action sociale

Montant BEI envisagé (montant approximatif)

EUR 499 million

Coût total (montant approximatif)

EUR 1000 million

Aspects environnementaux

Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

Passation des marchés

Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

Statut

Approuvé - 13/07/2022

Clause de non-responsabilité

Avant d’être approuvés par le Conseil d’administration et avant la signature des prêts correspondants, les projets font l’objet d’une instruction et de négociations. Par conséquent, les informations et données fournies sur cette page sont indicatives.
Elles sont fournies à des fins de transparence uniquement et ne peuvent être considérées comme représentant la politique officielle de la BEI (voir également les notes explicatives).

Mots-clés correspondants

Pays de l’UE Industrie Services Santé