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Monday, May 7, 2018

250 million euro invested for female entrepreneurs in Spain

Employment, Industry, Human Rights, SME Policy,-,

News The European Investment Bank (EIB) Group has signed a new deal with CaixaBank under the Juncker Plan's European Fund for Strategic Investments (EFSI) to finance projects led by female entrepreneurs. 

Thanks to the EIB, the new 250 million euro credit will support projects of innovative small and medium-sized entreprises (SMEs). With EIF (European Investment Fund) support, CaixaBank will provide female entrepreneurs with a credit line available until September 2019, making it possible to grant financing for developing their investments on favourable conditions in terms of both maturity and interest rates.

Since its launch in 2015, this initiative has facilitated the provision of more than 4 billion euro to Spanish SMEs, financing over 48,800 projects.

Source :  Press room - European Commission


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