09 Jul 2024

Promoting Innovation and Growth: Objectives of the New Memorandum of Understanding between the Hellenic Development Bank (HDB) and EIT Manufacturing South East – Hellenic Development Bank

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The Hellenic Development Bank (HDB) has signed a Memorandum of Understanding (MoU) with EIT Manufacturing Southeast, formalizing a strategic partnership aimed at strengthening innovation and growth for Greek and European startups, small and medium-sized enterprises (SMEs), and the manufacturing sector.

The agreement was signed by Pantelis Tzortzakis, non executive member of the HDB Board of Directors, together with representatives of EIT, in the presence of Ismini Papakyriellou, CEO of HDB, Caroline Viarouge, CEO of EIT Manufacturing HQ, and Dr. Niki Kousi, Managing Director of EIT Manufacturing Southeast.

Under this collaboration, HDB and EIT Manufacturing Southeast will co-organize events and webinars and explore new financing schemes, with the aim of creating a robust ecosystem that promotes technological advancement and economic stability.

About the Hellenic Development Bank (HDB):
HDB is the principal institution supporting entrepreneurship in Greece, providing financial instruments to assist the growth and development of SMEs.

About EIT Manufacturing Southeast:
EIT Manufacturing is supported by the European Institute of Innovation and Technology (EIT), an independent body of the European Union, and is one of the eight innovation communities within the EIT. The other seven include EIT Climate-KIC (Climate), EIT Digital (Digitalization), EIT Food (Food), EIT Health (Health), EIT InnoEnergy (Sustainable Energy), EIT Raw Materials, and EIT Urban Mobility.

EIT Manufacturing’s primary goal is to bring together all relevant EU stakeholders in the manufacturing sector to form innovative ecosystems that add unique value to European products, processes, and services, while promoting the creation of a globally competitive and sustainable manufacturing industry.

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