The process for submitting applications for funding under the Action ‘TEPIX III Loans Fund’ of the ‘Competitiveness’ Programme concluded on Friday, 29/05/2026. As part of the Fund’s fourth phase, 872 new loans, with a total budget of €335.4 million, were approved.
The contribution of the TEPIX III Loans Fund was crucial to improving access to finance for all small and medium-sized enterprises (SMEs) and to supporting and developing their business activity, so as to cover a wide range of their funding needs. The Fund was further intended to enhance the productivity of the enterprises by improving their processes for products & services produced and, by extension, improving their competitiveness and position in international markets.
