ALTfinator

Project

ALTfinator

The objective of ALTFINATOR is to facilitate and improve innovative SMEs Access to alternative finance

The objective of ALTFINATOR is to facilitate and improve innovative SMEs Access to alternative finance (i.e. other than bank finance, like equity-based or debt-based crowdfunding, peer-to-peer lending, invoice trading, business angels, etc.) through capacity building of the financial ecosystem and its participants in the countries where the potential for improvement is the highest (South-Europe and Central and Eastern Europe).

11
PARTNERS
1.5
M€ TOTAL BUDGET
2
YEARS
3
TARGET GROUPS

In one click

Project: 
ALTfinator
Programme: 
H2020
Period: 
2018-2020
Sector: 
FINANCIAL
01
The Challenge: 

The Challenge of the ALTFINATOR project is to improve innovative SME´s access to alternative forms of finance and absorb the potential emerging new financing options empowered by innovative financial technologies.

ALTFINATOR intends to create the conditions for SME’s expansion by addressing the financial gap.

02
Solutions: 
The project will design, develop and implement a capacity-building strategy to increase the capacity of the financial ecosystem and its participants in South, Central and Eastern European countries for provision and absorption of alternative forms of financing for SMEs.
03
Impacts: 

The real long-term impact on a country´s and European economic performance can be perceived when the innovative SMEs scale and expand their operations. ALTFINATOR will contribute to increase the competitiveness and growth of European innovative SMEs.

 Besides, the project will provide cross-European information architecture with materials resources and online tools for capacity-building and matching of innovative SMEs to alternative finance schemes and their providers.

Francisco de Arístegui
R&D SENIOR CONSULTANT AND COORDINATOR OF ALTfinator PROJECT