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An agreement to facilitate access to credit and support a €150 million investment portfolio for small and medium-sized businesses
Facilitating access to credit and supporting a € 150 million portfolio of investments in machinery, factories, and intangible assets for small and medium-sized enterprises is the objective of the agreement between CDP and Italy’s Emilia Romagna Region.
The agreement envisages the creation of a platform, the Eureca Fund, with resources from CDP (30%) and the Region (70%), to guarantee the portfolios of Confidi guarantees for loans granted to SMEs from Emilia-Romagna region located in northwest Italy.
The Fund grants companies access to liquidity necessary to make investments more quickly and will strengthen the system of public guarantees to increase resources made available to companies.