Juncker Plan: 50 million euro for Italian social SMEsJune 23, 2017
Hat: Juncker Plan: 50 million euro for Italian social SMEs
Funding Scheme: 2017-06-23
Pgm2014 2020: Yes
The European Investment Fund (EIF) and Banca Popolare Etica (BPE) have signed the first Social Entrepreneurship guarantee agreement in Italy under the EU Programme for Employment and Social Innovation (EaSI) that will allow the italian bank to provide 50 million euro of loans to both Spanish and Italian innovative social companies.
Social enterprises including those employing people with disabilities, people who have been long-term unemployed, migrants and asylum seekers, will be able to benefit from loans at a reduced interest rate, with reduced collateral requirements, under the EU supported programme.
Url description: EIB website