Support for SMEs > Access to finance

Project / Programme Company type Finance type Type of instruments Amount Investment Focus Short description
DCFTA programmes
DCFTA Initiative East
Micro, Small, Medium, Midcaps, Others Loan/Guarantee/ Technical Assistance a) For Guarantee Facility: Loans up to EUR 5 million; b) For Microfinance Facility: Loans up to EUR 25,000 All

The DCFTA Initiative East supports the smallest businesses (micro-enterprises with less than 10 employees) with loans through local microfinance institutions, provides finance and business support to the agri-food sector, and supports local banks to help them improve lending terms and conditions (lower interest rates and lower collateral requirements) for SMEs that are looking to invest in modern and innovative technology.

EU4Business-EBRD Credit Line
Small, Medium Loan, Trade finance >300,000 (simple projects); >3,000,000 (complex projects) All SMEs

This programme offers loans and grant incentives to SMEs through local partner banks, in order to finance investments to achieve compliance with EU rules and standards under the Deep and Comprehensive Free Trade Area (DCFTA) agreed with the EU, and to help businesses better define those investments and improve their international competitiveness. Investments can range from upgrading equipment and technologies to introducing new quality, health or safety standards.

DCFTA SME Direct Finance Facility
Small, Medium Loan Aimed at businesses generating over EUR 1 million in turnover

This programme is designed to improve access to finance for small and medium-sized enterprises, provide long-term financing in local currency, help SMEs identify investments in new business opportunities and assist them in their successful implementation.

Regional programmes
Women in Business
Small, Medium, Large Loan EBRD finance facility of USD 135 million for the region Women-led businesses

The EBRD’s Women in Business programme helps women-led small and medium-sized enterprises to access the finance and the know-how they need to grow.

European Fund for South East Europe (EFSE)
Micro, Small, Medium Loan EUR 14,300 (Average sub-loan disbursed amount since inception until Q2|2017) All SMEs

The fund provides small loans, including in local currency, and assistance to micro (fewer than 10 employees) and small (fewer than 50 employees) enterprises (MSEs), as well as to low-income private households, via local banks. Support is available to MSEs in sectors such as agriculture, industry, trade and services.

SME Finance Facility – Phase I
Small, medium Loan, grants Grants, loans EUR 15.5 million SMEs, financial intermediaries

The SME Finance Facility combines loans from the European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB), and the KfW (Kreditanstalt für Wiederaufbau, German...

Framework for Capacity Building to Support Financial Intermediaries in Azerbaijan and Georgia
Small, medium, micro Trade finance Advisory, training €2.88 million MSMEs, financial intermediaries

Start/end date: 2009 - 2019
Countries covered: Azerbaijan, Georgia
Implementing partner: European Bank for Reconstruction and...

Financial Sector Institution Building and Crisis Response
Small, medium, micro Loan Advisory, loans €12.3 million MSMEs, financial intermediaries

Start/end date: 2009 - 2021
Countries covered: Armenia, Azerbaijan, Belarus, Georgia, Moldova, Ukraine
Implementing partner: European...

EFSE (Neighbourhood Window of the European Fund For South East Europe)
Small, medium Loan Loans, technical assistance €5.1 million SME, low-income private households

Start/end date: 2009 - 2021
Countries covered: Armenia, Azerbaijan, Belarus, Georgia, Moldova, Ukraine
Implementing partner: ...

Financial Inclusion and Accountability
Small, medium Advisory €4.5 million SME, government institutions

Start/end date: 2018 - 2022
Country covered: Georgia
Implementing partner: The World Bank
EU budget: €4.5 million...