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Enhancing smE financing in acp countries - ACP Business Climate

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6. IMPLICATIONS FOR THE EIB INVESTMENT FACILITY AND THE EC 24<br />

6.1 Outreach of the <strong>ACP</strong> Investment Facility for SME f<strong>in</strong>ance 25<br />

F<strong>in</strong>ancial support 25<br />

Non-f<strong>in</strong>ancial support 25<br />

6.2 <strong>Enhanc<strong>in</strong>g</strong> EIB/IF outreach 26<br />

Reach<strong>in</strong>g the lower SME segments 26<br />

Guarantees and credit enhancement 26<br />

Grant fund<strong>in</strong>g for SME capacity build<strong>in</strong>g 27<br />

7. RECOMMENDATIONS 30<br />

7.1. Recommendations to the <strong>ACP</strong> Countries and their public <strong>in</strong>stitutions 31<br />

7.2. Recommendations to the EIB and the European Union 31<br />

7.3. Recommendations to the EIB 32<br />

7.4. Recommendations to the EU Member States controll<strong>in</strong>g the IF 32<br />

8. POSSIBLE IF ALTERNATIVES AND ROADMAP FOR SME SUPPORT 34<br />

8.1. Impact on SMEs 35<br />

8.2. Risk Mitigation 35<br />

8.3. Technical Assistance 36<br />

8.4. Relative IF Devolvement 37<br />

8.5. Outl<strong>in</strong>e of a Possible Roadmap 38<br />

<strong>Enhanc<strong>in</strong>g</strong> SME <strong>f<strong>in</strong>anc<strong>in</strong>g</strong> <strong>in</strong> <strong>ACP</strong> <strong>countries</strong><br />

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