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RSSLeading Dutch microfinance provider Qredits has signed a new guarantee agreement with the European Investment Fund (EIF) to provide at least €100 million financing to Dutch micro-entrepreneurs.
Backed by InvestEU, the EIB’s investment will help the company ramp up production of its flagship Wingcopter 198 model and expand delivery services in Europe and abroad.
The EIF will provide two guarantees worth around €370 million to UniCredit Group to finance approximately €1 billion of investment made by small businesses in seven countries across Central and Eastern Europe.
The European Investment Fund (EIF) will provide a €170 million guarantee to Finnvera Plc, the national promotional institution and official export credit agency of Finland, to finance approximately €280 million of investment by small companies in Finland.
The European Investment Fund (EIF) and Denmark's Export and Investment Fund have signed a guarantee agreement to support over DKK 318 million.
The EIF is granting a €200 million guarantee to BBVA to enable it to offer more financing opportunities to startups via its BBVA Spark unit.This agreement was made possible with the support of the InvestEU programme.
The European Investment Fund has agreed to provide a guarantee to leading Belgian microfinance institution microStart, which will unlock at least €30 million of financing for Belgian microenterprises.
The European Commission and Bpifrance have signed an InvestEU guarantee agreement worth up to €500 million. The agreement will unlock Bpifrance financing of up to €1 billion for investments in innovative companies across France.
The European Commission and Bank Gospodarstwa Krajowego (BGK) have signed an InvestEU guarantee agreement worth up to €242 million.
European Investment Fund and Swedish Ark Kapital have signed an agreement to facilitate over €146 million in new financing for high-tech SMEs in Sweden, Denmark and Germany. This agreement was made possible with the support of the InvestEU programme.