Lille – 32 millions to support local economy

Lille Metropole is injecting about 32 millions, in the form of different support systems, into its local economy. The “Rebound Fund” will allocate €20 million to small businesses, such as shopkeepers, craftsman, and farmers, who will have to pledge in favour of their ecological or energy transition to benefit from the fund. A new facility dedicated to small companies or associations with less than ten employees has been created; it will provide loans up to €6.6 million that can be payed back over a 3 to 5 years period. Another €5 million will be managed by a new dedicated local economy department supporting and promoting the metropolis’ local and social economy, as well as the tourism and events sectors. Read the full plan here (in French)

Contact: Christophe Bolot
Source: eurocities

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