Home Europe Spanish cultural and creative SMEs will receive €150 million worth of loans

Spanish cultural and creative SMEs will receive €150 million worth of loans

More than 1,000 #SMEs in the Spanish cultural & creative sectors will gain access to around €150 million worth of loans thanks to the new EU’s Cultural & Creative Sectors Guarantee Facility.

The European Investment Fund and the Compañía Española de Reafianzamiento (CERSA) have signed the first agreement under this Creative Europe’s financial instrument. The aim is to improve access to finance for the European cultural and creative sectors, allowing SMEs to scale up their activities.

To learn more about this guarantee scheme, go to our website: http://bit.ly/2jodvYV

Spanish cultural and creative SMEs will receive €150 million worth of loans

The new Cultural and Creative Sector’s Guarantee Facility aims to support European cultual & creative sectors by improving access to finance for SMEs.