News from 01-02-2017
Bpifrance signs new guarantee agreement to the benefit of cultural and creative SMEs

Bpifrance and the European Investment Fund (EIF) signed the first guarantee agreement in France under the new Cultural and Creative Sectors Guarantee Facility from the EU's Creative Europe programme.

The European Union's support allows Bpifrance to create a new financing product (Prêt Industries Créatives) which will target a portfolio of EUR 30 Mio of loans to companies over the next two years. More than 200 SMEs in the cultural and creative sectors (including film, theatre, video game production, music and performance, and editorial sectors) are expected to access this new programme which will be available in June this year.

Source: Bpifrance