InvestEU guarantee for SMEs
E1043697
InvestEU guarantee for SMEs is a European Union financial instrument that supports small and medium-sized enterprises by reducing lenders’ risk and improving access to finance for business investment and growth.
Statements (49)
| Predicate | Object |
|---|---|
| instanceOf |
EU guarantee scheme
ⓘ
European Union financial instrument ⓘ |
| aimsTo |
mobilise private investment
ⓘ
reduce lenders’ risk ⓘ |
| benefits |
growth-oriented firms
ⓘ
innovative companies ⓘ medium-sized enterprises ⓘ small enterprises ⓘ |
| benefitToIntermediaries |
capital relief for participating financial institutions
ⓘ
partial coverage of credit losses ⓘ |
| buildsOn | experience of the European Fund for Strategic Investments ⓘ |
| contributesTo |
EU cohesion objectives
ⓘ
EU competitiveness objectives ⓘ EU green and digital transition objectives ⓘ EU jobs and growth objectives ⓘ |
| effect |
improved loan conditions for SMEs
ⓘ
increased availability of long-term financing ⓘ lower collateral requirements for SMEs ⓘ |
| fundingSource | EU budget NERFINISHED ⓘ |
| geographicalScope | European Union NERFINISHED ⓘ |
| hasPurpose |
improve access to finance for SMEs
ⓘ
support business growth ⓘ support business investment ⓘ support small and medium-sized enterprises ⓘ |
| implementedBy | European Commission NERFINISHED ⓘ |
| implementedThrough |
banks
ⓘ
financial intermediaries ⓘ national promotional banks and institutions ⓘ other financial institutions ⓘ |
| instrumentType |
credit risk protection
ⓘ
portfolio guarantee ⓘ |
| legalFramework | Regulation (EU) 2021/523 establishing the InvestEU Programme NERFINISHED ⓘ |
| partOf | InvestEU Programme NERFINISHED ⓘ |
| policyArea |
EU SME policy
ⓘ
EU economic policy ⓘ EU investment policy ⓘ |
| replaces | SME Window of the European Fund for Strategic Investments NERFINISHED ⓘ |
| riskSharingMechanism | EU budgetary guarantee to financial intermediaries ⓘ |
| supports |
digitalisation of SMEs
ⓘ
expansion of business activities ⓘ innovation projects ⓘ investment in intangible assets ⓘ investment in tangible assets ⓘ modernisation of enterprises ⓘ sustainability-related investments ⓘ working capital financing ⓘ |
| targetGroup |
EU-based SMEs
ⓘ
small mid-caps in some cases ⓘ |
| timeFrame | Multiannual Financial Framework 2021–2027 NERFINISHED ⓘ |
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.