Up to €40 million in loans for cultural and creative sector businesses in Brussels and Wallonia by 2029. EIF and InvestEU renew their trust in the ST'ART fund
Luxembourg, Oct. 2 -- The European Investment Fund (EIF) has once again granted ST'ART access to the guarantee mechanism of the European InvestEU program. With this operation, ST'ART will be able to offer up to €40 million in financing to cultural and creative businesses in Wallonia and the Brussels-Capital Region.This portfolio guarantee operation aims to facilitate and amplify access to financing for businesses operating in the Cultural and Creative Industries (CCI). Following the successive crises that have impacted these sectors since 2020 and technological disruptions, this tool aims both to redeploy a vital sector for the European economy and its influence, and to create opportunities for developing new creative professions.Acce...
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