FAST should achieve a satisfactory multiplier effect in line with the debt and equity mix and contribute to attracting both public and private-sector financing. In order to contribute to the overall objective of enhancing the EDTIB’s competitiveness, FAST should also provide support to SMEs, including start-ups and scale-ups, and small mid-caps across the Union which are part of the Union’s defence supply chains or have imminent plans to become part of it, in industrialising or manufacturing of defence products or having imminent plans to do so, facing difficulties in accessing finance. FAST should also accelerate investment in the field of manufacturing defence technologies and products, and therefore strengthen the security of supply of the Union’s defence industry value chains.
Text as published in the Official Journal, reproduced verbatim (including any typographical quirks of the source). For the authentic version, see EUR-Lex.
