A deal signed on 28 March between Rabobank and the European Investment Fund (EIF) and the European Investment Bank (EIB) will provide a guarantee of EUR 2 billion for more than 3,000 loans to Dutch SMEs. The transaction benefits from the support of the European Fund for Strategic Investments (EFSI), which forms a central part of the Juncker Commission’s Investment Plan for Europe. In the 120th operation approved in France under the Investment Plan, the EIB agreed on 22 March to lend EUR 20m to MedinCell to help the innovative company develop new controlled, long-acting injectable treatments that will significantly enhance patient care and quality of life. Meanwhile, in Belgium on 19 March the EIF signed guarantee agreements with PMV and ST’ART SA that will allow the two finance providers to widen their financing options to Belgian SMEs perceived to be high-risk in the cultural and creative sectors. The EUR 25 million of loans over three years is supported by the new Cultural and Creative Sectors Guarantee Facility under the EU's Creative Europe programme. A similar deal for EUR 25 million over three years was signed by the EIF and Komerční banka (KB) on 15 March. The deal will enable KB to expand its support to Czech SMEs in the cultural and creative sectors.