linkedin gif

+33 1 42 54 60 64
 
Login & Registration

Home >  EU Funding news >  News



Tuesday, September 3, 2019

A financial contribution provided to Finnish SMEs by the EU

Industry, Co-op & Development, Economy - Finances, SME Policy,-,

News Finnish SMEs can be pleased: an additional contribution of 190 million euros has just been approved under the Junker Plan to support their growth and competitiveness.

The European Investment Fund (EIF) and Finland's state-owned specialised financing company Finnvera have signed a deal this morning which will provide growth-seeking SMEs in Finland with nearly €190 million in fresh financing. The EIF will counter-guarantee Finnvera, which will guarantee lending by local banks.

The agreement is signed under the COSME programme and benefits from the guarantee of the Juncker Plan's European Fund for Strategic Investments. As of July 2019, the Juncker Plan has mobilised €424 billion of additional investment, including €8.7 billion in Finland. The Plan is currently supporting 967,000 small and medium entreprises across Europe. 

Source :  Press room - European Commission


More information  COSME

More


EU Grants related to this news

Agenda

Agenda

14 October - 16 November 2019, Helsinki
12 November, Brussels
13 November - 11 November 2019, Helsinki
30 November - 30 September 2020, French regional capitals

Methodology



Welcomeurope, 161 rue Montmartre, 75002 Paris | Tél . : +33 1 42 54 60 64 / Fax : +33 1 42 54 70 04

© Welcomeurope 2000-2018

Welcome to welcomeurope.com. This site uses cookie to improve the analysis of the website and the quality of services. By using our site, you agree to use the cookies. More