Something truly inspiration

Listen to one of Cesport staff, sing a truly inspiration song,  will keep you posted on he

more

German Expansion for Decathlon

Decathlon, known for its many sporting products, is enjoying a positive 2017 in Germany after openin

more

% of CE Distributors who will Attend Euro Bike

In the latest survey by Cesport of the Bicycle industry in Central Europe (CE) and Central and Eas

more

E-Shop Sales See Huge Boost in Czechia

Much like other areas in Europe, Czechia has now reported significant growth in the electronic comme

more

Just Fit Buys Two HealthCity Clubs in German City

As expected, the Dutch fitness giant HealthCity is now taking steps to withdraw from Germany after p

more

"Business Partner search for the Sports industry in Central Europe"


You are here » Home Page » News » Mid-Sized companies receive support from Ceska Sporitelna and EIB


Mid-Sized companies receive support from Ceska Sporitelna and EIB

2017-01-31 source own

Teaming up with the European Investment Bank (EIB), Ceska Sporitelna a.s. (CSAS) has introduced a new program to help develop mid-sized businesses in the Czech Republic. Thanks to support from the EIB, companies will now have access to much-needed finance to make the next step in their respective plans.

According to reports, new loans of €100 million will be made available with companies benefitting from 50% credit risk protection. As well as the two bodies mentioned, this project is also in support of ‘Horizon 2020’ from the European Union. With the extra finance available, working capital can increase which, in turn, will improve research and development for businesses in the mid-market.

EIB Vice President, Vazil Hudak, has said “Innovation is a driver of economic growth. Yet access to finance is scarce in this particular segment. Our latest operation with Česká spořitelna aims to at least partially remedy that.”

Image provided by; © Marcociannarel | Dreamstime.com - Euro Sign In Front Of The European Central Bank In Frankfurt, Germany Photo

Click here to register to get CeSports latest Business Report on doing business in Central Europe & for an overview on the Sporting Goods market in Central Europe.


Featured Partners

Featured Partners

View more featured partners

more

Press Releases

View Our Press Releases

more

FAQ

View Our FAQ

more
Featured

Sports Business Partner Connections Central Europe

Head logo Rhinos logo order reports