ALTFInator: Improving access by innovative SMEs to alternative forms of finance

PEDAL partners in the newly granted H2020 project

Small and medium-sized enterprises (SMEs) represent over 99% of businesses in the EU. The competitiveness and growth of European economy depends on the competitiveness and growth of the SMEs. One of the most important issues facing SMEs is their difficulty in accessing finance.

The objective of the newly funded H2020 ALTFInator project, coordinated by CIVITTA EESTI AS, is to design, develop and implement a capacity-building strategy to increase the capacity of the financial ecosystem and its participants in South, Central and Eastern European countries for provision and absorption of alternative forms of financing for innovative SMEs.