COFIDES presents the blending finance possibilities to Andalusia entrepreneurs


Madrid, March 4, 2017 - Compañía Española de Financiación del Desarrollo, COFIDES SA, SME will take part on Thursday 6th April in the "Technical Seminar on Possibilities for Project Financing and International Operations through Blending" organised by COFIDES and the Andalusian Agency for Foreign Promotion.

The seminar, which will be held at the Extenda head offices in Seville, is intended to inform Andalusian company attendees about the different financial instruments that COFIDES has available, with a special focus on blending.

COFIDES has been an accredited entity since 2016, in the management of the European Union development cooperation budget. This accreditation opens new financing possibilities for Spanish companies through blending, a formula that allows the combination non-refundable finance (grants) from the European Union with COFIDES refundable financing.

Companies from any sector of activity planning to undertake an investment project or operation related to internationalisation, particularly in developing countries that need a concessional component, are invited to the seminar.

The meeting will begin at 9:30am and will include the COFIDES Chairman, Salvador Marín, COFIDES Commercial and Business Development Director, Ana Cebriá and the Director of Development Finance and European Management Director, María Vidales.

Furthermore, interested companies may request interviews with COFIDES technicians to present their projects that require financing, as well as with Extenda technicians for further details on the current consulting programs.

Likewise, Extenda will present its consulting services related to international financing at the seminar.

Extenda and COFIDES have a cooperation agreement in which they agreed to financially and technically support the Andalusian companies which intended to develop investment projects related to internationalisation.

The application deadline for this event is 31st March 2017. If you are interested in taking part, please complete the registration form available through the link below:

COFIDES is a combined private-public concern, which since 1988 has provided financial support to Spanish enterprises abroad. COFIDES manages the FIEX and FONPYME funds on behalf of the State Secretariat for Trade, within The Ministry of Economy, Industry and Competitiveness. The stockholders include the Bank of Bilbao Vizcaya Argentaria (BBVA), Santander Bank, Popular Bank, Sabadell Bank and CAF (Development Bank of Latin America).



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Last update...2018-05-25