Edition 1450
18 November 2017
Edition: 1450

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EU support for Portuguese educational project

in Business · 09-11-2017 15:37:00 · 0 Comments

The European Investment Bank will support scientific education for children by financing the growth
strategy of Science4you, a 100 percent Portuguese company specialised in developing and producing scientific and educational toys to improve the cognitive capacities of children.

The EU bank will finance the company’s investments to develop new products and expand its sales with a 10 million euro loan, in the form of a hybrid debt/capital instrument (quasi-equity).
The agreement was signed in Lisbon by EIB Vice-President Román Escolano, and CEO and founder of Science4you, Miguel Pina Martins, in the presence of Carlos Moedas, European Commissioner for Research, Science and Innovation, and is guaranteed by the European Fund for Strategic Investments (EFSI), the core of the Investment Plan for Europe, the Juncker Plan.

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Edition 1450
18 November 2017
Edition: 1450

Read this week's issue online exactly as it appears in print.

Twitter