Piano Juncker, 40 milioni per le pmi del Lussemburgo (ENG)

Brussels – The European Investment Fund (EIF) and BGL BNP Paribas have signed an agreement to enhance access to finance for innovative small and medium-sized enterprises (SMEs) in Luxembourg. This transaction benefits from the support of the European Fund for Strategic Investments (EFSI), the heart of the Investment Plan for Europe. The agreement will allow BGL BNP Paribas to provide loans at advantageous conditions to innovative SMEs in Luxembourg over the next two years. EIF’s guarantee is provided under the “EU InnovFin finance for Innovators” initiative with the financial backing under Horizon 2020, the EU Framework Programme for Research and Innovation. The agreement would not have been possible without the backing of the Investment Plan. Commenting on the signature, European Commission Vice-President Jyrki Katainen, responsible for Jobs, Growth, Investment and Competitiveness, said: “The Investment Plan for Europe is delivering on its commitment to ensure better access to finance for SMEs across Europe. Given its success so far, we have proposed to extend the European Fund for Strategic Investments and place even more emphasis on giving a helping hand to small companies.”