Taiwan contributes to EBRD’s Small Businesses Impact Fund

Taiwan contributes to EBRD’s Small Businesses Impact Fund

 

On 17 October, Representative Lin and European Bank for Reconstruction and Development (EBRD) Managing Director Alan Rousso signed an agreement in which Taiwan will contribute €600,000 to the Small Business Impact Fund (SBIF). The signing ceremony took place at the EBRD London headquarters, with US Director Judy Shelton, Managing Director for SME Finance & Development Claudio Viezzoli, Director of Donor Co-Financing Camilla Otto and EBRD project team members in attendance.

 

The EBRD established the SBIF in 2015 to raise donor funds to support small and medium-sized enterprises in the Bank’s countries of operation. Since 2016, Taiwan has contributed more than €1 million to the SBIF, sponsoring several projects such as the Women in Business in Croatia and Business Development and Matching projects between the EBRD countries of operations and Taiwan’s ICT sector.