Investment Plan for Europe: EIF and BPCE Group sign a €300m InnovFin deal for French SMEs 2014-2019

The new agreement will allow Banque Populaire to provide EUR 300m of loans to innovative companies in France over the next 2 years via its regional network of Banques Populaires. The loans will be guaranteed by EIF under the “EU InnovFin finance for Innovators” initiative with financial backing from the European Commission's Horizon 2020 programme. Thanks to this agreement, Banque Populaire will be able to offer new finance to innovative companies at more favourable conditions. innovfin