This case study describes the SELFIEmployment financial instrument in Italy which provides financial support through micro and small loans at zero interest rate for people Not (engaged) in Education, Employment or Training (NEET) to enhance their self-employment and entrepreneurship initiatives, thus increasing their chances of being included in the labour market.
Founded in 2017, the Italian region of Lombardy’s AL VIA programme has taken important steps to help revive the regional economy in the wake of the financial crisis.
The AL VIA financial instrument provides mid- to long-term assistance to small and medium-sized businesses in the form of loans and guarantees, releasing up to EUR370 million of financing.
Discover the newly launched microsite dedicated to the Multi-region assistance (MRA) programme under fi-compass. The aim? To facilitate a broader use of financial instruments both in terms of ESI Funds invested and their geographical or thematic scope, as well as encourage regions from different Member States to cooperate, exchange practices and mutual learning.