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=== Small to medium size enterprises === The bank is part of InnovFin, the EU Finance for Innovators, a joint initiative of the EIB Group in cooperation with the [[European Commission]] under [[Framework Programmes for Research and Technological Development#Horizon 2020|Horizon 2020]]). Through it the EIB Group provides direct financing to [[Market capitalization|mid-caps]]. The group also offers [[Venture debt|venture debt financing]] under the European Growth Finance Facility, backed by the [[European Fund for Strategic Investments]].<ref name="SMEs and mid-caps">{{Cite web|title=SMEs and mid-caps|url=https://www.eib.org/en/about/priorities/sme/index.htm|access-date=2021-04-28|website=EIB.org|language=en}}</ref> The EIB Group works with a broad network of commercial Banks, national promotional Banks and institutions, leasing companies, venture capital and private equity funds, angel investors and service providers, including in regions where access to finance is limited. Through intermediaries, the EIB finances micro-enterprises (0β9 employees), small enterprises (10β49 employees), medium-sized enterprises (50β249 employees), mid-caps (250-3 000 employees).<ref>{{Cite web|last=Anonymous|date=2016-07-05|title=SME definition|url=https://ec.europa.eu/growth/smes/sme-definition_en|access-date=2021-04-28|website=Internal Market, Industry, Entrepreneurship and SMEs β European Commission|language=en}}</ref> In 2019 the EIB Group provided β¬25.52 billion in loans and other services to 386,600 SMEs and mid-caps which employ 4.4 million.<ref name="SMEs and mid-caps"/>
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