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COMMISSION APPROVES BELGIAN €250 MILLION SUBORDINATED LOAN SCHEME TO SUPPORT START-UPS, SCALE-UPS AND SMES AFFECTED BY THE CORONAVIRUS OUTBREAK

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Published on: 05-05-2020 Back


 The European Commission has approved a Belgian scheme of €250 million, financed by the Flemish
 region, to support companies in the context of the coronavirus outbreak.

 
 Belgium notified to the Commission under the Temporary Frameworka subordinated loan scheme to
 support companies, in particular start-ups, scale-ups and small/medium-sized enterprises, active in the
 Flemish region and affected by the coronavirus outbreak. The measure, with a budget of €250 million,
 aims at supporting the financing needs of these businesses at a crucial point of their economic
 development.
 
 For more info click here
 
 
 
 
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