Business Development Banks and Funds in Europe: Selected Examples

Cite as: Michie, R., & Wishlade, F. (2014) Business Development Banks and Funds in Europe. Selected Examples Briefing to the Scottish Government in the context of the Scottish Business Bank proposals

The aim of this briefing is to provide a broad overview of some of the structures and funds which have been put in place to support economic development in Europe. Some of these take the form of funds, others are either new or longstanding institutions; some are small in scale and reach, while others are substantial and operate internationally. Although the examples are disparate in many respects, a common theme is their role in the promotion of business development, especially SME development, through the use of repayable financial instruments. The selection of initiatives has been based on a combination of examples in which Scottish Government explicitly expressed an interest and further suggestions from EPRC.

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