Geo

InnovFin Guarantee Programme

InnovFin Guarantee Programme to finance innovative projects

  • InnovFin is part of a joint initiative of the European Investment Fund (EIF) and the European Union (EU). The Programme is supported by the InnovFin SME Guarantee Facility, with the financial backing of the European Union under Horizon 2020 Financial Instruments. The aim is to finance innovative projects of companies with no more than 500 employees
  • Investments in fixed assets and working capital are financed under the Programme. Investments must be a novelty for the company and serve its modernization
  • Companies financed under the Programme will benefit from preferential interest rates under the condition of halved collateral coverage, since the Programme will cover the remaining risk