The fi‑compass Blog

Stories of how financial instruments have an impact on the ground

Grapes from a family vineyard in Greece
07 July 2022
EAFRD Guarantee Fund: a helping hand for Greek farmers

Thanks to an EAFRD Guarantee loan, Jason Ligas, a young wine producer based in Pella-Giannitsa, Northern Greece, could kick start his permaculture project and strengthen existing family vineyards.

The Greek EAFRD Guarantee Fund 2014-2020 set up with EUR 80 million from the European Agricultural Fund for Rural Development (EAFRD) and EUR 20 million from the European Fund for Strategic Investments (EFSI, Juncker Plan), has already helped hundreds of farmers in Greece to implement green projects while modernising their farms.

EAFRD
Greece
A person cooking
07 July 2022
Aurora: so that every person belongs

To fight the social and working exclusion of people with disabilities, Carlo Pepe, a Pescara born teacher created the social cooperative, Aurora "Valori & Sapori”.

Backed by a EUR 25 000 loan from the ESF Microcredit Fund Abruzzo, the social enterprise trains young adults affected by Trisomy 21 or autism in catering activities, preparing them for a stable job at the end of their studies.

ESF
Italy
Hydrogen cover
13 June 2022
Low-energy hydrogen compressor sees the day thanks to EquiFund in Greece

Hydrogen power has been on the market for years but in an extremely limited capacity. The climate and geopolitical challenges of today’s world illustrate the urgency of developing hydrogen as a technology and support for this have never been stronger.

ERDF
Greece
IT solutions
11 April 2022
Innovative IT solutions for better business decisions

The ESSOR PME financial instrument featured at FI Campus 2019, has helped support the innovative local business, Datarocks.

Set up in 2014 in Sainte Marie, La Réunion, Datarocks develops and sells innovative IT solutions to help businesses transpose their raw data into interactive ergonomic dashboards. Thanks to a EUR 451 000 equity investment from the ESIF financial instrument, ESSOR PME La Réunion, the company has been able to grow and attract international customers such as Nokia or Thales.

ERDF
France
Zotcar
7 April 2022
The leading private car rental in La Réunion

In June 2019, the start-up benefitted from EUR 540 650 equity investment from Essor PME La Réunion, an ERDF financial instrument set up by the La Réunion region. The company will use the investment to strengthen its R&D and operational team, acquire additional equipment, and replicate its economic model outside La Réunion.

ERDF
France
Matooma sim card
4 April 2022
A success story in the field of SIM card connectivity
Backed by an equity investment from the ERDF financial instrument, SAS JEREMIE Languedoc-Roussillon (LR) and its fund manager Soridec, ranks today among the fastest growing companies in the field of SIM card connectivity.
ERDF
France
wooden pallets
16 March 2022
A smart solution for your pallets and your wallet

A FOSTER TPE-PME loan helped the MagicPallet platform develop and grow. Today, 150 businesses are using it and this allowed the relocation of 3 million pallets, i.e. the equivalent of 84 tonnes of wood saved if new pallets had been manufactured.

ERDF
France
fabrication of passive solar protection glazing
14 March 2022
Passive windows improve the carbon footprint of buildings

The FOSTER TPE-PME loan was a real game changer for Immoblade. The Toulouse based start-up is now signing its first contracts and equipping major clients such as Aéroports De Paris with its smart windows. 

ERDF
France
A typical individual Hector bin that employees can fill in at home and bring back at the office.
10 March 2022
Green energy courtesy of your bio-waste

Thanks to an ERDF financial instrument, Hector le Collector—a start-up that collects urban food waste from offices and restaurants and transforms it into bio-energy—was able to purchase equipment and expand its services, collecting 45 tons of bio-waste in 2021.

ERDF
France