Please find below Frequently Asked Questions about WB EDIF.
FAQ
What are Financial Intermediaries?
Financial or credit institutions, guarantee schemes including mutual guarantee organisations, micro-finance institutions and any other financial institution committed to SME financing
What is an SME?
Please consult the SME definition page of the European Commission
Which are the Western Balkans countries participating in WB EDIF?
Albania, Bosnia and Herzegovina, Croatia, former Yugoslav Republic of Macedonia, Montenegro, Serbia and Kosovo*
What is equity finance? And what is venture capital?
To know more about equity finance and venture capital, please visit the website of Invest Europe (formerly the EVCA).
What is a bank guarantee?
To find out about bank guarantees, please visit the website of the European Mutual Guarantee Association(AECM).
Which sectors of SME activity are not allowed to benefit from WB EDIF?