The Cooperative Bank of Epirus announced its participation in the Innovation Guarantee Fund of the Hellenic Development Bank, with the aim of promoting and supporting innovation in the local entrepreneurship of Epirus. Specifically, the Bank of Epirus will contribute to the work of the Fund by granting investment loans totaling € 1,800,000. The Innovation Guarantee Fund is the first financial instrument that deals exclusively with strengthening the competitiveness of innovative micro, small and medium enterprises (SMEs).
Small and medium-sized enterprises will have the opportunity to receive financing up to € 400,000 for investments in tangible or intangible fixed assets necessary for the completion of their investment plan. The financing that the companies will receive will be realized through the provision of guarantees in their favor, with the possibility of a subsidy in case of achieving specific innovation criteria.
The CEO of the Cooperative Bank of Epirus, Mr. Ioannis Vougioukas, stated: “Supporting the investment plans of the local entrepreneurship is a strategic priority for the Cooperative Bank of Epirus. investment loans to companies that meet the criteria of the Fund, with the aim of strengthening the innovation of the local society and economy “.
Businesses wishing to cooperate with the Bank of Epirus, can make their application on the platform: www.ependyseis.gr/mis/.
Source: Capital
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