Friday, 24 March, 2023

Google to invest $75 mn in COVID-19-hit SMEs

<p>Google is teaming up with the European Investment Fund and two other firms in Latin America and Asia to provide $75 mn in funding to SMEes suffering from the impact of the pandemic. The funds are part of an $800 mn initiative announced last year. Google will give $15 mn in loan capital to 1,000 European SMEs, &nbsp;$10 mn to 200 life sciences firms, $8 mn in Latin America, $26 mn with Kiva to help businesses in Africa, the Middle East and Indonesia and $15 in Indian firms.</p> <p>&nbsp;</p>