Invest EU Fund
In order to better support the needs of small businesses in Ireland, Microfinance Ireland works hand-in-hand with a number of other key programmes and business support agencies.
- InvestEU Portfolio Guarantee
- Microfinance Ireland benefits from a guarantee issued under the InvestEU Portfolio Guarantee. The InvestEU Portfolio Guarantee is managed by the European Investment Fund.
This Guarantee Facility aims to increase availability and accessibility of microfinance loans for (i) vulnerable people who wish to start up or develop their own micro-enterprise and (ii) existing micro-enterprises that meet certain eligibility criteria.
Microfinance Ireland provides loans from €2,000 to €50,000 to both start ups and existing businesses that have less than 10 employees and annual turnover of less than €2m.
We can often help micro-enterprises by providing financial support in circumstances where they may be having difficulty in accessing credit from other commercial lending providers.
Click here to see how you can apply for loan finance from Microfinance Ireland.
Under the InvestEU Fund, there are a number of restricted sectors and/or business activities that we cannot support. To see the full list of restricted sectors please click here.
For more information on the InvestEU fund, please visit – Guarantees – EIF InvestEU