Sustainable Bond Framework

Social Project Case Study: Female Entrepreneurship Scheme THALIA Programme (2021-27) Aim: This scheme targets the development, promotion and support of female entrepreneurship and the creation of new jobs in the economy. Description: The Scheme's main objective is to support, develop and promote the SMEs in the manufacturing sector and other specific economic activities that are established or to be established in areas controlled by the Cyprus Government. Potential Uses of Proceeds: Expansion of existing business through investments that will improve the technological level, the production process and the productivity at SMEs ✓ The creation of new units and reinforcement of entrepreneurship ✓ The creation of new job positions Beneficiaries: ✓ New or existing SMEs in the manufacturing sector that are established or to be established in areas controlled by the Cyprus Government ✓ New or existing SMEs operating in other specific economic activities as shown in section 6 of the Scheme's Guide Achievements/timeline: ✓ The project is ongoing since 2018 in various forms assisting the increase of female entrepreneurship. Eligible assets are €5 mln ICMA Social Bond Principles Category: Socioeconomic Advancement and Empowerment FOR Indicative Impact metrics Number of jobs created Number of beneficiaries POVERTY DECENT WORK AND ECONOMIC GROWTH M 10 REDUCE INEQUALITIES KID Number of SMEs supported (generally and in the manufacturing sector) Picture: https://eit.europa.eu/our-activities/entrepreneurship/women-entrepreneurship-and-leadership 40 40

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