US EditionECMC Group's Education Impact Fund Launches EIF Catalyst
- ECMC Group's EIF launched Catalyst on April 7, 2025, in Minneapolis to aid EdTech and workforce companies.
- The EIF developed Catalyst to help early-stage companies grow and scale their businesses effectively.
- This program provides mentorship, coaching, and investment to advance companies beyond founder-led sales.
- Watt stated few programs offer sector focus with hands-on support; founders may receive $250,000.
- Applications are open until June 15, 2025; the 12-week program starts mid-August and builds scalable systems.
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SEB Bank has signed an agreement with the European Investment Fund (EIF) for financing small and medium-sized businesses with EIF guarantees, the total amount of which is EUR 88 million. Financing with a lower interest rate and collateral requirements will be provided to Lithuanian, Latvian and Estonian companies. Very small companies will be able to receive microloans of up to EUR 50,000 without any collateral.
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