Editing European Investment Bank (section)

=== Equity ===
The European Investment Bank invests and co-invests in companies and funds that focus on infrastructure, environment, or small- and medium-sized enterprises and mid-size corporations in exchange for equity which allows companies to raise capital by selling shares for short term costs or to achieve long-term financial goals.<ref>{{Cite web|last=Banton|first=Caroline|title=How Equity Financing Works|url=https://www.investopedia.com/terms/e/equityfinancing.asp|access-date=2021-04-28|website=Investopedia|language=en}}</ref> In some cases, the EIB provides direct quasi-equity financing to support companies aiming for financing to grow which involves [[venture debt]] products for European companies in the field of [[Biotechnology|biotech]] and [[List of life sciences|life sciences]], [[software]] and [[Information and communications technology|ICT]], [[engineering]] and [[automation]], [[Renewable energy|renewables]] and [[clean technology]].<ref name="Equity">{{Cite web|title=Equity|url=https://www.eib.org/en/products/equity/index.htm|access-date=2021-04-28|website=EIB.org|language=en}}</ref> These investments, which are a relatively recent addition to the bank's work, tend to be smaller than its previous limits on the size of its deals, because they are aimed at startups and growth companies. The [[European Investment Fund]] (EIF) supports the EIB by working with SMEs and related financial partners (Banks, guarantee, leasing and microfinance institutions, private equity and venture capital funds etc.).<ref>{{Cite web|title=What we do|url=https://www.eif.org/what_we_do/index.htm|access-date=2021-04-28|website=www.eif.org}}</ref>

The EIB's investments in equity and debt funds usually cover 10% to 20% of the fund size (with a maximum of 25%) and address climate action, infrastructure, or private sector development and social impact goals.<ref name="Equity"/>