(13 April 2018) – The European Investment Fund (EIF) and Triodos Bank have signed the first Social Entrepreneurship guarantee agreement in the Netherlands under the EU Programme for Employment and Social Innovation (EaSI).
This new guarantee agreement allows Triodos Bank to provide a total of €65 million to 430 social entrepreneurs over the next 5 years in the Netherlands, Belgium, Spain and France.
Social entrepreneurs will be able to benefit from loans at a reduced interest rate with lower collateral requirements under the EU supported programme.
Triodos Bank will provide financing to a vast range of social enterprise sectors, targeting innovative, socially-oriented start-ups, companies in the organic food supply chain, sustainable fashion, labour exclusion, as well as organic and sustainable hotels, and restaurant.
Social-enterprises wishing to apply for a loan under EaSI, can contact Triodos Bank branches.