65 million euro for innovative businesses in Bulgaria and Slovakia

October 3, 2016

Hat: As part of the investment plan for Europe, innovative SMEs of Bulgaria and Slovakia will benefit from European fundings

Funding Scheme: 2016-10-03

Pgm2014 2020: Yes


The European Investment Fund (EIF) grants small and medium-sized SMEs from the European Union.


The European Investment Fund (EIF) and CIBANK have signed an “InnovFin” agreement to enhance access to finance to innovative small and medium-sized enterprises (SMEs) and mid-caps in Bulgaria and Slovakia. 
This agreement allows Bulgarian and Slovak innovatives SMEs to apply for loans to CIBANK. This agreement is up to 65 million euro and will allow beneficiary SMEs to increase their geographical coverage across Europe.

Url description: Press room - European Commission

Url: https://ec.europa.eu/commission/2014-2019/katainen/announcements/investment-plan-europe-eur-65-million-innovative-businesses-bulgaria-and-slovakia-eif-and-cibank_en