News
20 December 2024
EIF-Banca Etica: €200 million for social enterprises and microenterprises in Italy and Spain
News
20 December 2024
Financing the ecosystem
Aerospace and defence
Agri-food
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November 27, 2024 - The European Investment Fund announces an agreement with Banca Etica supported by InvestEU, the European Union’s investment programme.
The initiative will help support investments worth over €200 million in the economy by providing favourable loans to an estimated 1000 social enterprises, microenterprises, SMEs and small mid-caps.
According to the EIF, “this will include projects that support highly socially oriented investments, while also promoting environmental sustainability and cultural, creative and training initiatives.”
For more information, see EIF-guaranteed loans
Topics
Italy
Spain
Business Support Organization
Financial Institutions and Investors
Industry Associations and Chambers of Commerce
Media/Travel Journalist Organisations
SMEs (a company with less than 250 employees)
Social Economy Entity
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Thematic area
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Financing the ecosystem
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Interlinkages with other sectors
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Aerospace and defence
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Agri-food
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Construction
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Cultural and creative industries
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Digital
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Electronics
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Energy intensive industries
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Energy-renewables
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Health
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Mobility, transport, automotive
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Proximity and social economy
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Retail
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Textile
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Tourism
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Action areas and keywords
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Access to Finance
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Social Finance
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Sustainable Finance
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Ecosystem focus
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Proximity economy
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Social economy
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Scope of activity
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National
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