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#JunckerPlan - €800 million for innovative small and medium-sized businesses in eleven countries

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The European Investment Bank (EIB) and ProCredit Group are providing €800 million to innovative small and medium-sized companies (SMEs), under the European Fund for Strategic Investments (EFSI), the core element of the Investment Plan for Europe, or "Juncker Plan", and the InnovFin SME Guarantee Facility.

The financing will target companies using new technologies and producing new products in one of the eleven countries where the facility is available (Albania, Bosnia and Herzegovina, Bulgaria, Georgia, Germany, Greece, Moldova, the Republic of North Macedonia, Romania, Serbia and Ukraine). A press release is available here. As of June 2019, the Juncker Plan has mobilized nearly €410 billion of additional investment. The Plan is currently supporting 952,000 small and medium businesses across Europe.

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