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Global Trade Alert

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Austria: EIB provides financing to Innovacell to support to support development of cell therapies for treatment of incontinence

Description

The EIB's EUR 15 million (approx. USD 17 million) loan with Innovacell signed on 21 December 2021 was backed by the European Guarantee Fund (EGF). The EGF was created in April 2020 by the Eurogroup (...

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Intervention Details

Intervention Type

Loan guarantee

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

21 Dec 2021

Revocation date

No revocation date

Implementation level

Supranational

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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