EU4Business – DCFTA SME Direct Support Facility

Project Description

The Facility combines loans with EU grants to support direct SME financing in Georgia, Moldova and Ukraine. It seeks to improve access to finance by providing guarantee schemes and technical assistance to increase the number of viable projects carried out by SMEs.

Specific Objective

Expected Results

– Improved access of SMEs’ to finance and mitigation of the shortage of long-term financing;
– Provision of long-term local currency financing, thereby reducing SMEs’ currency risk;
– Provision of help to SMEs to identify quality capital investment projects and assist in successful implementation, to improve their governance structure and introduce them to best practices;
– Provision of assistance to develop local financial markets in view of sustainable and market-based principles;
– Risk sharing (EU grant to cover First Loss Cover);
– Technical assistance.

Map of Activities and Beneficiaries

Gallery

EBRD