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Thursday, April 12, 2018

Innovative Dutch SMEs receiving €120 million through Juncker Plan

Research, Innovation, Trade,-,

News Innovative Dutch companies will receive €120 million from the European Union, thanks to an agreement signed by the European Investment Fund (EIF) and Aegon Asset Management. 

The European Investment Fund (EIF) and Aegon Asset Management have signed a guarantee agreement supporting a €120 million portfolio of loans for innovative Dutch companies. This InnovFin SME Guarantee agreement was made possible by the support of the European Fund for Strategic Investments (EFSI), the central pillar of the Juncker Plan. Thanks to this EU support, Aegon will provide subordinated loans (loans which will be repaid after all other debt is repaid) to innovative SMEs and small mid-caps at favourable terms.

Source :  Press room - European Commission




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