The European Investment Bank (EIB) has signed a EUR 20m finance contract with the CS Communication & Systèmes (CS) Group to support the implementation of its 2017-2021 research and development programme.

This financing will be key for the innovative company, which is a leader in the design and integration of mission-critical systems. The loan was granted with particularly attractive terms thanks to the EU guarantee it holds under the Investment Plan for Europe (commonly known as the Juncker Plan) and the EIB's excellent credit rating. This additional funding source will help to implement CS's Ambition 2021 plan, which aims to accelerate the group's growth on the basis of its strategic priorities. A designer, integrator and operator of mission-critical systems, CS makes regular innovations in area surveillance, air defence and cyber security to enable its institutional, industrial and vital organisation clients to face up to new challenges such as anti-drone defence, maritime surveillance, and the detection of cyberattacks in industrial contexts and at sea.

With innovation as one of its key priorities, the EIB Group provided EUR 13.5bn to innovative projects across Europe in 2016, supporting research programmes from large groups, midcaps and smaller companies.

The Investment Plan for Europe and the digital sector

How does a project get financing?