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project info
Start date: 16 May 2022
End date: 31 December 2023
funding
Fund: European Regional Development Fund (ERDF)
Total budget: 30 000 000,00 €
EU contribution: 10 000 000,00 € (33,33%)
programme
Programming period: 2014-2021
Managing authority: Conseil Régional de Lorraine (Pôle Europe)
theme
n/a
intervention field
n/a
beneficiary

ERDF REACT EU Loan Rebond Fund

The Region is launching, in partnership with Bpifrance and the European Union, the ERDF REACT EU Loan REBOND providing loans to support the working capital of VSEs and SMEs, including as part of their development programme. The scheme is co-financed by REACT EU resources, funding as part of the EU’s response to the COVID-19 pandemic. The loan is intended for small and medium-sized enterprises in the territory and is part of the European Commission’s response to combat the socio-economic impact of the epidemic and prepare for the recovery of the economy. The loan is for a duration of 7 years and benefits from a deferred repayment of 2 years. It is granted without taking a guarantee on the assets of the company or the assets of the manager.

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