Fonds Regional d'Investissement Auvergne Rhone-Alpes

Fonds Regional d'Investissement Auvergne Rhone-Alpes (FRI) supports the development and redeployment of undercapitalized SMEs. FRI was created on the initiative of the Auvergne Rhone-Alpes region with the support of investors involved in the development of the region's economic fabric (Apicil, Caisses d'Epargne, CFDT, UIMM, Crédit Agricole, Banques Populaires), and is managed within the regional division of Siparex. The fund, which is worth € 30 million, is intended to support SMEs with revenues of € 1 million to € 50 million, with development projects or difficulties of a cyclical nature.