EU funding for growth of Finnish companies
(WorldNews Finland)

A new financing model of the EIB and Tesi will invest EUR 100 million to growth-oriented SMEs and innovative mid-cap companies over the next eight years. Loan backed under European Fund for Strategic Investments, part of successful Juncker Plan. The European Investment Bank (EIB) and the investment company Tesi (Finnish Industry Investment) have agreed on a financing programme to channel funding in support of the growth of Finnish companies. The operation is guaranteed under the European Fund for Strategic Investments (EFSI), central pillar of the Investment Plan for Europe of the Juncker Commission. The financing to be managed by Tesi targets a total of EUR 100 million to promising...