European Investment Fund

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The European Investment Fund, established in 1994, is a European Union agency for the provision of finance to SMEs (small and medium-sized enterprises) headquartered in Luxembourg.

It does not lend money to SMEs directly; rather it provides finance through private banks. Its main operations are in the areas of venture capital and guaranteeing loans. Its shareholders are: the European Investment Bank (59.15%); the European Communities, represented by the European Commission (30.00%); and 34 privately-owned EU financial institutions (10.85%).

See also

• Institutions of the European Union

Sources

• http://www.fei.eu.int/Attachments/pub_corporate/eif_ar2004_en.pdf (1.3Mb)

The content of this page is retrieved from http://en.wikipedia.org/wiki/European_Investment_Fund under GFDL