NEXT GENERATION EU
KEY ENABLING TECHNOLOGIES
06/07/2021

Information Hub for alternative financing options

Reducing the financial gap between Southern, Central and Eastern-European SMEs through accessible alternative financing option

Tag: Finance, Information hub, alternative finance, knowledge exchange
Researcher: Chiara Franzoni
Department: DIG – Department of Management, Economics and Industrial Engineering

Innovation in leadership and finance had been one of the missions of Horizon 2020. The EU funded ALTFInator project Horizon 2020 addressed this with the goal of easing the access to risk finance for companies and supporting innovation of SMEs across Europe.

ALTFInator developed alternative forms of finance for innovative SMEs with a specific geographical location: countries in Southern, Central and Eastern Europe have less opportunities and know-how of alternative financing, this is true for small and medium enterprises. The rationale behind the project was to map the existing financing framework in the participating countries; to collect and make accessible resource material to entrepreneurs and investors, as well as creating a matching architecture of supply and demand, raising awareness of financing alternatives and best practices through workshops and seminars.

The project concluded in April 2020 with the creation of the dedicated web page: an information database of resource material, news, and available financial providers. Among the relevant outcomes, there are national workshops, international best practice workshops and public roundtables.

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