We use cookies to enhance your experience. Basic cookies are essential for the proper working of this website. For example, they save your language preferences. They also help us gather anonymous information about the use of our site. More information in our Cookie Policy.
InnovFin SME Guarantee
In 2015, the European Investment Fund (EIF) and ING Luxembourg signed, as the first bank in Luxembourg, an agreement to increase lending to innovative small and medium-sized enterprises (SMEs) as well as small Mid-caps under the InnovFin – EU finance for innovators program.
The InnovFin program is a joint initiative launched by the European Investment Bank Group (EIB and EIF) and the European Commission (EC) under Horizon 2020, the EU framework for Research and Innovation (R&I). InnovFin – EU Finance for Innovators offers a range of tailored financing products and advisory services to companies of different sizes ranging from SMEs to large corporations and other entities.
The InnovFin SME Guarantee Facility signed by ING Luxembourg is part of it!
What type of companies can benefit from the InnovFin SME Guarantee Facility?
Research-based companies, innovative SMEs (<250 employees) and Small Mid-caps (<500 employees) established and operating in one or several EU Member States and Horizon 2020 Associated Countries.
ING Luxembourg offers this specific loan only to innovative companies established in Luxembourg.
You can use the tool on the site of the EIB to see if your company is eligible:
https://www.eib.org/en/projects/cycle/applying_loan/index.htm
Specificities of the InnovFin SME Guarantee Facility
I want to become a customer
I am interested
My Money Business
Articles that might interest you
-
Lease@ING: easy financing, smart REfinancing!
Of all the types of leasing available in Luxembourg, financial leasing could be considered the most suitable for companies seeking to optimise their investments, from the self-employed to companies in the financial sector, including traders, craftsmen, the liberal professions, SMEs and SMIs. It is an interesting alternative to traditional credit, allows the renewal of equipment for professional use and improves the presentation of the balance sheet. But how does financial leasing work and how can it help your company to expand on a daily basis?
-
Material shortages: how can the construction industry cope?
The price of raw materials has been rising steadily for months, and delayed deliveries have prevented construction sites from being completed on time. What are the causes of this global shortage? What can construction companies and builders do?
-
How to design the transmission of your business
Whether they are commercial, craft or industrial - SMEs, 70% of which are family businesses, are an essential component of the Luxembourg economy. However, the question of their transmission is becoming increasingly important. In the next ten years, many owners and managers will have reached retirement age, but few have really anticipated the end of their activities. Here are the key points to watch out for as an owner or manager of a family business.
How can we help?
Monday to Friday from 8:30 am to 6:00 pm.
Send your request to our Contact Center.
A complete network of branches at your disposal.
Book an appointment in just a few clicks.