The EIB assesses whether an operation is eligible based on defined criteria and the project’s commercial and scientific viability. Under HERA Invest, the European Investment Bank (EIB) will provide venture loans, covering a maximum of 50% of total project costs.

Chemical, biological, radiological and nuclear threats originating from accidental or deliberate release.

Pathogens with pandemic or epidemic potential.

The HERA Invest funding instrument is geared towards small and mid-sized companies (SMEs) that develop medical countermeasures addressing one of the following health threats:

creating new medical countermeasures to protect against health threats.

leveraging public funding to incentivise private investment.

reducing market failures, where financial resources do not cover the financing needs.

promoting R&D in Europe to strengthen strategic autonomy.

HERA Invest, a flagship initiative of the European Health Emergency Preparedness and Response Authority, will focus on health emergency prevention and preparedness, helping address these challenges by: Innovation is needed to respond to priority health threats such as pathogens with high pandemic potential or resistance to antibiotics.

Currently, European companies find it difficult to access sufficient public and private funding for the development and scaling up of cutting-edge solutions in health and life sciences. Today, the Commission and the European Investment Bank announce the creation of HERA Invest, a € 100 million top-up to the InvestEU programme, to support research and development (R &D) in the most pressing cross-border health threats, financed by the EU4Health programme.

HERA Invest will enable the EIB to finance advanced research and development (R&D) of medical countermeasures and new technologies to tackle the most acute health threats facing the European Union.The European Commission and the European Investment Bank (EIB) have signed an agreement to establish HERA Invest, a €100 million guarantee to support investments in the health sector.

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