About Us
A European subsidiary established on January 27, 2009, with €52,000,000 in capital, created within the framework of the ERDF Convergence initiative and the “Invest” program, covering the period from 2009 through 2016.
By the end of this initiative, all of the objectives set by the Walloon Region and Europe were surpassed in terms of execution and socio-economic repercussions, while ensuring the organization’s profitability.
This measure was so successful that the financial resources available to IMBC Convergence S.A. were soon exhausted, and more besides.
On the basis of financial resources of some €80,000,000, as of June 30, 2017, it had granted:
- 374 financing operations
- amounting to €116,000,000
- benefitting 170 companies
The IMBC Group supports the growth of SMEs by adapting the types and amounts of its successive investments to the needs of companies. For instance, it increased the level of outstanding loans to €3,500,000.
For example: Comet Traitement, Alysse Food, etc.