FAST Fund and Blended Finance for Defence SMEs and Small Mid-Caps
Regulatory scope and legal basis
FAST is established as a dedicated facility within the Programme as a blending operation that can offer debt support, equity support, or both, explicitly anchored in Title X of the Financial Regulation and in Regulation (EU) 2021/523 on InvestEU. The legal perimeter is intentionally narrow: the enabling provision ties eli…