The European Investment Fund has teamed up with Deutsche Bank to create a risk-sharing fund that will fund R&D and expansion among small and medium-sized businesses.
The fund, agreement for which was signed on 18 February, will provide a total of €120 million in loans to SMEs that want to embark on risky projects. Deutsche Bank and the EIF will each take on 50 per cent of the financing.
This article on Research Professional News is only available to Research Professional or Pivot-RP users.
Research Professional users can log in and view the article via this link
Pivot-RP users can log in and view the article via this link.