anx_III__cpt_1__cpt_1__text_7
In addition to providing direct financial support to participants in RTD actions, the Community will improve their access to debt finance through the ‘Risk-Sharing Finance Facility’ by providing a contribution to the EIB. The Community contribution must be used by the EIB, which will be a risk sharing partner, to contribute to the provisioning and capital allocation for loan and guarantee financing from its own resources. There will be no further liability for the Community budget. Subject to and in accordance with arrangements to be established by the regulation adopted pursuant Article 167 of the Treaty and the Council decisions adopting the specific programmes, this mechanism will enable the EIB to increase the amount of financing of European RTD actions (such as joint technology initiatives, large projects-including EUREKA projects, and new research infrastructures and projects run by SMEs) to help overcome market deficiencies.
← anx_III__cpt_1__cpt_1__text_6 · All articles · anx_III__cpt_1__cpt_1__text_8 →
Source: EUR-Lex (Cellar) · retrieved 2026-11-04 · Text as adopted (Official Journal); later amendments are not incorporated in this text.