Thanks to this operation, ST’ART will be able to launch new products and offer up to €24 million of financing to cultural and creative businesses in Wallonia and Brussels over the next three years. These loans will benefit from favourable conditions, including lower interest rates.

This portfolio guarantee operation aims to promote and expand access to finance for companies operating in the cultural and creative industries.

Following the repeated crises affecting these sectors since 2020, this facility has the goal of fostering redeployment and resilience across an entire strand of activity that is key for the European economy and its influence.

This new guarantee replaces the CCS GF.