EU loan guarantee agreement for innovative SMEs in France

A new €250 million EU loan guarantee agreement for innovative small and medium-sized enterprises (SMEs) was signed today between the European Investment Fund and Banques Populaires-Caisses d’Épargne (BPCE Group) in France. The agreement uses the Risk Sharing Instrument (RSI) launched by the European Commission and European Investment Bank Group to ease access to finance for innovative SMEs and small mid-caps.

http://ec.europa.eu/research/index.cfm?pg=newsalert&year=2013&na=na-240613