30.09.2011 – EIF Negotiates Commitments with 3 Private Equity Funds under JEREMIE

30th September 2011

Further to the signature of five guarantee agreements with Bulgarian banks in July 2011 under the Joint European Resources for Micro to Medium Enterprises (JEREMIE) initiative, EIF progressed with the selection of financial intermediaries under the calls for expressions of interest for the equity products and is currently negotiating a potential commitment with the following private equity fund managers:

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29.08.2011 – Call for EOI No. JER-009/5 launched

29th August, 2011

On 29th of August 2011, the European Investment Fund launched Call for Expression of Interest No. JER-009/5 to select Financial Intermediaries that will receive resources from the JEREMIE Holding Fund for Bulgaria to implement the following Financial Instrument:  Entrepreneurship Acceleration and Seed Financing Instrument.

Interested Financial Intermediaries can find more information here.

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14.07.2011 – EUR 400m for Bulgarian SMEs under the JEREMIE Initiative

14th July, 2011  

The European Investment Fund (EIF) has signed 5 guarantee agreements with CIBANK, ProCredit Bank (Bulgaria), Raiffeisenbank (Bulgaria), UniCredit Bulbank and United Bulgarian Bank under the Joint European Resources for Micro to Medium Enterprises (JEREMIE) initiative, allowing them to provide up to EUR 400 million of new loans to Bulgarian small and medium enterprises.

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