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Romanian microbusinesses set to receive €100 million in financing

The European Investment Bank and BCR Social Finance agreed on €100 million in financing for Romanian microbusinesses. The EIB will lend €50 million, matched by an equal contribution from BCR Social Finance. The programme targets firms with fewer than ten employees.

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An InvestEU guarantee from the European Investment Fund is expected to support more than 5,300 microentrepreneurs. A further €10 million is earmarked for investment in education and skills. The EIB and BCR signed the loan agreement before announcing it on 19 October.

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EIB and BCR Social Finance set up €100 million for Romanian microbusinesses

Amounts stated in the release.

EIB loan50
BCR matching contribution50
Combined microbusiness financing100
Education and skills financing10
Methodology

Financing amounts stated in the EIB press release; the education and skills amount is a separate EIF InvestEU facility.

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  • Romania · Place role: Coverage · Place type: Country or area · Location precision: Regional
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