The establishment of the SBCI ensures that Ireland has in place an institution that can serve to facilitate EU financing from multilateral bodies such as the EIB and the European Investment Fund (EIF)..

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The SBCI has made tremendous progress since the passing of its governing legislation in July 2014 and establishment that September. We put our initial funding in place by October 2014..

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The commencement of lending operations in March 2015 marked the end of the SBCI’s rapid set-up phase and the beginning of its impact on the SME financing market in Ireland..

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