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€100m available for competitiveness clusters

BPIfrance, France's public investment bank, has launched a programme of loans to support the industrialisation of projects at the country's competitiveness clusters.

A total of €100 million has been made available for small and medium-sized businesses that have been part of a state-financed project organised through one of the clusters.

The loans, supported by the PIA programme for investments for the future, are each worth between €0.5m and €5m and are repayable over seven years.

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