Oseo, the holding group for France's bank for the development of small- and medium-sized enterprises (SMEs), BDPME and its national agency for the development of research, Anvar, yesterday released its 2004 results, showing that it had provided €7.5bn of financing to 57,000 SMEs. More than 34,000 new business creations were helped with €1.4bn of risk capital, while 4,000 business transfers were facilitated through guarantees and co-financing. Another €260.8m was provided to aid 3,650 research and innovation projects. Source: Les Echos
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