A EUR 250 million loan from the European Investment Bank (EIB) will support a EUR 1.3 billion project led by SeaMade NV to construct two wind farms off the Belgian coast. The financing announced on 3 December was made possible by the European Fund for Strategic Investments (EFSI), the core of the Investment Plan for Europe. In Latvia, electronic system development and manufacturing company HansaMatrix is the first private company to receive support from EFSI. The EUR 10 million announced on 3 December will help HansaMatrix to expand its manufacturing capacity and boost its investment in research, development and innovation. The European Investment Fund (EIF) and Banca Popolare Sant’Angelo (BPSA) signed a microfinance guarantee agreement on 27 November in Italy under the EU Programme for Employment and Social Innovation (EaSI). The new guarantee agreement allows BPSA to provide EUR 10 million in loans to 650 micro-entrepreneurs over the next 5 years in Italy. The previous day, the EIB signed a EUR 15 million (SEK 154 million) loan agreement with Orbital Systems. The financing will be used by Orbital to further industrialise and commercialise its water saving shower solutions, as well as scale-up its manufacturing processes. On 26 November, the EIF agreed to invest EUR 10 million in Creas Impacto, the first institutional social impact fund in Spain, to support early and late stage social enterprises and EUR 3 million in Equity4Good, managed by Ship2B, a Spanish foundation accelerating social enterprises with high social and/or environmental impact.