Innovative Dutch SMEs receiving €120 million through Juncker PlanApril 12, 2018
Hat: Innovative Dutch SMEs receiving €120 million through Juncker Plan
Funding Scheme: 2018-04-12
Pgm2014 2020: Yes
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.
Url description: Press room - European Commission