The European Investment Fund (EIF) is a member of the EIB group (European Bank of Investment), whose objective is to strengthen Europe’s potential in terms of growth and employment.
To do so, it relies on national intermediaries which develop financial instruments in Member States. As such, France Active is a key partner of the EIF in France. Their partnership is based on 2 contracts: one for the guarantee of the solidarity loans granted by France Active Investissement under the EaSI (Employment and Social Innovation) program, the other for the counter-guarantee of the guarantees provided by France Active Garantie to facilitate access to financing for entrepreneurs in fragile situations under the COSME program (Competitiveness of Small and Medium Enterprises).
France Active is now applying to renew these contracts under the new program : InvestEU.