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EU financing for 430 social enterprises in the Netherlands, Belgium, Spain and France

Apr 14, 2018 | News

(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).

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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.

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