EU-Backed Partnership Unlocks Millions in Loans for Danish Creative and Cultural Sectors

(IN BRIEF) A new partnership between the European Investment Fund (EIF) and the Export and Investment Fund of Denmark (EIFO), backed by the EU’s InvestEU program, will provide DKK 300 million in loans to Danish businesses within the creative and cultural sectors. This initiative aims to improve access to capital for industries such as design, game development, IT, music, and filmmaking by offering loans at lower interest rates. The program addresses the financial challenges often faced by these sectors, such as rigid credit evaluations and limited access to funding, helping to unlock their potential for innovation and growth. The InvestEU program supports this effort, aiming to generate over €372 billion in investment by 2027.

(PRESS RELEASE) BRUSSELS/COPENHAGEN/LUXEMBOURG, 26-Sep-2024 — /EuropaWire/ — The European Investment Fund (EIF), in collaboration with the Export and Investment Fund of Denmark (EIFO), has secured a significant boost for Denmark’s creative and cultura