Millennium BEI Mid-Caps Innovation Program TAE 3.754%
To grow and innovate
Financial support for projects that drive innovation and growth

Millennium BEI Mid-Caps Innovation Program TAE 3.754%
To grow and innovate
Financial support for projects that drive innovation and growth


Budget of 200 million euros to finance Companies and projects with an innovative edge in the EU
Intended for self-sustaining Mid-Caps with a minimum of 250 and up to 3,000 employees
Here’s everything you need to know
What, why, and for whom?
For residents operating in Portugal
Turnover exceeding 50 million euros
Covers various sectors of the economy various sectors of the economy
Investment financing in working capital, physical or non-physical assets, and R&D costs
Here’s everything you need to know
What, why, and for whom?
Budget of 200 million euros to finance Companies and projects with an innovative edge in the EU
Intended for self-sustaining Mid-Caps with a minimum of 250 and up to 3,000 employees
For residents operating in Portugal
Turnover exceeding 50 million euros
Covers various sectors of the economy various sectors of the economy
Investment financing in working capital, physical or non-physical assets, and R&D costs
Here’s everything you need to know
What, why, and for whom?
Budget of 200 million euros to finance Companies and projects with an innovative edge in the EU
Intended for self-sustaining Mid-Caps with a minimum of 250 and up to 3,000 employees
For residents operating in Portugal
Turnover exceeding 50 million euros
Covers various sectors of the economy various sectors of the economy
Investment financing in working capital, physical or non-physical assets, and R&D costs
Rates and charges
Now the numbers
Effective Annual Rate (TAE)
3.754%
Term
3 to 10 years
Amount
1 to 50 million euros
The rate is based on the 180-day Euribor (preferably), plus a spread negotiated on a case-by-case basis.
TAE of 3.754% calculated based on a TAN of 2.500% - Euribor 6-month average (simple arithmetic mean of daily quotes from the previous month before the interest calculation period, which for this example was May 2022, corresponding to -0.144%, which, as it is negative, is considered elevated to 0.000%, plus a spread of 2.5%, for a Financing of 5 million euros over 5 years with a repayment plan in equal and successive monthly installments of capital, including the Organization Committee, the Management Committee and the Processing Committee of Provision.
TAE (Effective Annual Rate) calculated under the terms of Decree-Law No. 220/94 of August 23rd.
All proposals will be subject to credit risk analysis and decision by Millennium bcp.
This document does not constitute a contractual proposal.
Guarantees
Guarantee from the European Investment Bank (EIB) covering 50% of the financing. We will analyze other guarantees on a case-by-case basis.
TAE of 3.754% calculated based on a TAN of 2.500% - Euribor 6-month average (simple arithmetic mean of daily quotes from the previous month before the interest calculation period, which for this example was May 2022, corresponding to -0.144%, which, as it is negative, is considered elevated to 0.000%, plus a spread of 2.5%, for a Financing of 5 million euros over 5 years with a repayment plan in equal and successive monthly installments of capital, including the Organization Committee, the Management Committee and the Processing Committee of Provision.
TAE (Effective Annual Rate) calculated under the terms of Decree-Law No. 220/94 of August 23rd.
All proposals will be subject to credit risk analysis and decision by Millennium bcp.
This document does not constitute a contractual proposal.
Guarantees
Guarantee from the European Investment Bank (EIB) covering 50% of the financing. We will analyze other guarantees on a case-by-case basis.
Financing amount
For companies with up to 500 employees, investment projects range from 1 million to 50 million euros
For companies with 500 to 3,000 employees, investment projects range from 7,5 million to 50 million euros
For more information, please contact your Account Manager or visit a branch.
For more information, please contact your Account Manager or visit a branch.