BHP Sources of Finance EC Subsidies UK Venture Capital UK Business Angels UK Factoring and Discounting EU Venture Capital

EC Subsidies
European Community Investment Partners Programme

Joint European Venture Programme (JEV)
Joint Venture Programme (JOP)
European Community Investment Partners Programme (ECIP)
Centre for Development of Industry (CDI)

ECIP (European Community Investment Partners) aims to facilitate the creation of joint ventures between Community enterprises and those in the developing countries of Latin America, Asia, North Africa and (more recently) South Africa.

ECIP provides assistance at various stages of the creation of an enterprise.
  • Pre-investment activities such as partner identification, feasibility studies, market studies and business plans. Up to 50% of the total cost (maximum ECU 250,000) will be provided as an interest-free advance which can be converted into a grant (if the project does not go ahead) or loan or equity capital.
  • Financing capital requirements as loan and/or equity capital up to ECU 1 million, with a maximum holding of 20%.
  • Training and management assistance in the form of an interest-free loan. Up to 50% of the total cost will be provided (maximum ECU 250,000).
In order to obtain funding, the joint enterprise must include at least one Community partner and one from the country concerned. Large multinational companies are expressly excluded. BHP Capital can arrange applications to the European Community for subsidies under ECIP through its association with Europa Bank AG (a subsidiary of Dresdner Bank).

EC Subsidies     [JEV]   [JOP]   [ECIP]   [CDI]
[EC Subsidies]   [UKVentureCapital]   [UKBibusinessAngels]   [UKFactoring & Discounting]   [EUVentureCapital]

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