In an event in Carcavelos, a €16 million loan agreement was signed, guaranteed by the European Fund for Strategic Investments (EFSI), the core of the Investment Plan for Europe.
The construction of the new campus in Carcavelos, with a size of 84,000 m², was launched in 2016 and the site is expected to be fully operational at the beginning of the 2018-2019 academic year.
These new facilities will be able to receive 3,200 students, 700 more than the existing campus in Campolide in Lisbon. The EIB-supported project also aims to create the necessary conditions for an academic, professional and social ambience that preserves the contacts within the community of Nova SBE’s current and former students.
The financial support of the EIB, the EU bank, will also contribute to increasing Nova SBE’s investments in education, research and innovation aimed at adopting new teaching methods based on individual and interactive learning.
Carlos Moedas, Commissioner for Research, Science and Innovation, said: “I trust that these excellent new facilities will be one incubator of the next generation of outstanding business leaders in Portugal and I am proud to see that the EU is helping for that purpose.”
In the academic year 2017/2018 alone, some 600 new Master’s students with 40 different nationalities, including 98 Germans and 50 Italians, entered the school.