The European Investment Bank (EIB) has signed its second financing facility of the year focused on developing women-led SMEs in Europe.
The deal, signed in partnership with UniCredit, offers a credit line worth €500mn to finance Italian SMEs, with an emphasis on supporting sustainable energy projects and female entrepreneurship.
The total amount is split equally between the two banks and is available for financing of new or existing projects, with a maximum term of 12 or 20 years (the latter for energy efficiency and renewable energy projects)