European Investment Fund supports European SMEs by boosting their access to funding through a wide range of selected financial intermediaries. To this end, it designs, promotes and implements financial instruments which contain debt and equity features that specifically target SMEs. France Active Garantie thus benefits from a counter-guarantee for all guarantees granted to entrepreneurs through the COSME programme (the EU programme for SMEs). In addition, France Active Investissement’s equity loan activities benefit from a guarantee funded by the European Union as part of the EU Programme for Employment and Social Innovation (EaSI).