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WB IMPACT INCENTIVE PL FOR SMES & MID-CAPS

has announced on 25 Oct 2021 that is accepting bids for the following project: WB IMPACT INCENTIVE PL FOR SMES & MID-CAPS.

The tender will take place in Bosnia-Herzegovina and will cover the industry.

The value of this project has not been disclosed by the donor and you can apply until Deadline date

After the deadline, Global Database will announce the contract award for WB IMPACT INCENTIVE PL FOR SMES & MID-CAPS. In order to stay up-to-date with this tender and also to receive daily notifications about similar projects, you can subscribe to our newsletter for free.

Bellow you can find more information about the tender description and the bidding procedure.

General information
Donor:
Not available
Industry:
Not available
Status:
Accepting bids
Value:
Not available
Timeline
Published:
25 Oct 2021
Deadline:
Not available
Contacts
Name:
Not available
Phone:
Not available
Email:
Not available
Description
https://www.eib.org/en/projects/pipelines/all/20210620
Reference: 20210620
Release date: 25 October 2021

Promoter – Financial Intermediary

COUNTERPART(S) TO BE DETERMINED

Location

  • Albania
  • Bosnia and Herzegovina
  • Kosovo*
  • Montenegro
  • North Macedonia
  • Serbia

Description

Programme loan dedicated to supporting local businesses who commit to generating greater socio-economic impact and sustainable growth in the Western Balkans.

Objectives

The programme loan supports small and medium-sized enterprises (SMEs) and mid-caps (including social enterprises) who commit to generating positive socio-economic impact and contribute towards strengthening economic resilience and sustainable growth in the Western Balkans. The operation aims to enhance the prospects of more resilient and inclusive growth, by creating sustainable employment opportunities and encouraging social inclusion, particularly for young people, women and socio-economic marginalised groups. An improved economic resilience in the region would make both the local and hosted communities less vulnerable to shocks and crises as well as address some of the potential drivers of immigration.

Comments

A number of financial intermediaries have already been identified for this programme loan, including some of the Bank's existing partners implementing multi-beneficiary intermediated loan (MBIL) operations as well as potential new partners. They are all reputable institutions, members of prominent European banking groups and leading banks in their respective markets, most of which with long experience in implementing intermediated SME lending, with reliable processes and procedures in place

Sector(s)

  • Credit lines - Credit lines

Under ELM Guarantee

This operation is covered by the ELM Guarantee.

Proposed EIB finance (Approximate amount)

EUR 58 million

Total cost (Approximate amount)

not applicable

Environmental aspects

Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

Procurement

Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

Status

Approved - 15/12/2021

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