InvestEU to provide €11 billion in guarantees for research and innovation

Strasbourg – The InvestEU Programme will guarantee €38 billion of loans and equity, including €11.25 billion for research and innovation, following an agreement reached by the EU institutions last week.

The aim of the programme is to encourage the European Investment Bank and other financial bodies to finance riskier projects by committing to repay bad loans and negative equity.

According to the European Commission this could help trigger €650 billion in additional investments.

Besides research and innovation, other eligible investments include sustainable infrastructure, and social investment and skills.

You can read the full text here.

By Djea Djeapragache “The European Green Deal is now leading manufacturers, including those in the mechanical engineering sector, to embrace…

Read Story

Title:                    EU Project Manager Workplace:          Greenovate! Europe E.E.I.G. offices, Silversquare Bailli, Avenue Louise 231, 1050 Brussels - BELGIUM Status:…

Read Story

10 September 2024, Gothenburg, Sweden – The iCOSHELLs research and innovation project officially commenced this week in Gothenburg, focusing on…

Read Story
Arrow-up