RSFF: a New Instrument to Support Research & Innovation in Europe
added: 2007-06-05
The European Commission & the European Investment Bank (EIB) sign a cooperation agreement establishing the new risk-sharing finance facility (RSFF) to support research & innovation in Europe. This new instrument will help to make more financing available for promoters of research & innovation projects, which often face more difficulties than traditional business sectors in accessing finance, due to the relatively high levels of uncertainty & risk inherent to their activity.