European Investment Fund
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Template:Politics of the European Union mini The European Investment Fund (EIF), established in 1994, is a financial institution for the provision of finance to SMEs (small and medium-sized enterprises), headquartered in Luxembourg. It is part of the European Investment Bank Group.
It does not lend money to SMEs directly; rather it provides finance through private banks and funds. Its main operations are in the areas of venture capital and guaranteeing loans. Its shareholders are: the European Investment Bank (62%); the European Union, represented by the European Commission (29%); and 30 financial institutions (9%).<ref>Template:Cite web</ref>
The European Investment Bank Group is able to assist the development of a broader creative, green ecosystem through the European Investment Fund: venture capital funds, technical transfer, business perspectives, and private-sector equity (infrastructure funds) in general.<ref name=":0">Template:Cite book</ref><ref>Template:Cite web</ref>
Since 2015, the EaSI Guarantee Instrument (EU Programme for Employment and Social Innovation), managed by the European Investment Fund, has provided over €280 million in guarantees across Europe and is expected to provide over €3 billion in financing to micro-enterprises and social enterprises. In the coming years, the EIF intends to continue providing assistance to these types of final beneficiaries in areas heavily impacted by the transition to a low-carbon economy.<ref>Template:Cite web</ref>
The EIF is managed by a Chief Executive who acts independently in the EIF's best interests. As of 1 January 2023, the Chief Executive is Marjut Falkstedt.<ref>Template:Cite web</ref>