Project finance Grant

About this grant

This page is the EBRD's overview of its project finance offering, which provides loans, equity investments and guarantees to support private and public sector projects across the Bank's regions in Central and Eastern Europe, Central Asia, the Southern and Eastern Mediterranean, Sub-Saharan Africa and Turkey, as described in the page's framing of supporting the transition to market economies. Project investments are described as the core of the Bank's operations, and the Bank says it structures its financial products flexibly to meet each project's requirements. The main direct financing instruments listed are loans, which may be retained by the EBRD or partly syndicated to the market; minority equity stakes, on which the Bank expects an appropriate return; and guarantees, which are offered through the Trade Facilitation Programme and through risk-sharing with local banks to support SME lending. The page presents these as commercial financing rather than grants. The page also sets out the EBRD financing process in sequence: concept review, where management approves the project concept and a mandate letter is typically signed; final review after a term sheet is agreed and due diligence is substantially complete; Board of Directors approval, unless delegated to management; signing, at which point the deal becomes legally binding; disbursement; and repayment or, for equity, sale of the stake and completion. Supporting handbooks for public-sector loan disbursement and non-sovereign loan disbursement guidelines are linked from the page. A form is provided for expressing interest in EBRD funding opportunities. The page does not state a funding amount range, a call deadline, or a formal application window.

Eligibility

The page addresses businesses, investors, donors, researchers, civil society and others as audiences of EBRD work, and invites interested parties to fill in an expression-of-interest form. It does not state formal eligibility rules, organisation types, minimum or maximum project sizes, or sector limits for project finance. The page describes the Bank as operating across three continents in its transition economies, but the list of eligible economies is held on a separate 'Economies we invest in' page that is not reproduced here.

How it's scored

The page does not describe scoring criteria, weightings or panel composition. It describes the internal approval stages (concept review by EBRD management, final review by management, and Board of Directors approval unless delegated) but does not set out the criteria used at each stage.

Key requirements

• ✓Project must be located in EBRD countries of operation
• ✓Applicant must be private or public sector entity with viable project
• ✓Project must align with EBRD's transition mandate and policy reform objectives

Frequently asked questions

Who can apply for Project finance?

Eligibility covers organisations in EUROPE, CENTRAL-ASIA, MENA, SOUTH-ASIA; large-company, nonprofit, local-authority, consultancy, engineering-contractor. See the eligibility criteria above for the full conditions.