EUR 10m of guarantees to improve access to finance for SMEs in all Western Balkan Beneficiary Economies that will address youth unemployment in the region is now available under “the EU for Youth Employment and Entrepreneurship in the Western Balkans”.
EUR 10m have been allocated to a guarantee instrument as a pilot initiative to support Youth Employment lending in the Western Balkans’ six. The WB EDIF Guarantee Facility – Youth Employment is a first loss capped portfolio guarantee to be provided to a financial intermediary to build up a portfolio of new Youth Employment loans, i.e. loans to SMEs, which will employ or offer training to young people.
You can find all the information about this call and how to apply on the following link: the EU for Youth Employment and Entrepreneurship in the Western Balkans.