Looking for your way?
services on financial instruments under the
fi-compass is a unique platform for advisory
for Employment and Social Innovation (EaSI).
European Structural and Investment Funds
(ESIF) and microfinance under the Programme
Barre_04.png
Looking for your way?
be an important tool for boosting EU agriculture.
Barre_04.png
Investments, in a variety of forms, will help create a modern, dynamic agri-food
sector to create jobs and enhance growth in the EU. Financial Instruments will
Financial instruments using the European Social Fund
can support a wide range of financially viable
investment projects
Looking for your way?
Barre_04_1_4.png

Abstract

The fi-compass series of advisory seminars in Member States included an event in Berlin on 25 February 2016.

The seminar aimed to:

  • provide ministries, managing authorities and other relevant ESIF stakeholders from the public and private sectors with an opportunity to learn more about the advantages, features and suitability of financial instruments in delivering ESIF 2014-2020 objectives;
  • provide an opportunity to learn about and discuss in depth the technical challenges that the stakeholders are facing with regard to the design and set-up of financial instruments;
  • offer support for Member States and managing authorities by introducing relevant fi-compass learning material.

The seminar in Berlin featured case studies demonstrating the use of financial instruments in Germany; the opportunities offered by the 2014-2020 regulatory framework; the advisory products issued by fi-compass to support the design and set-up of financial instruments. In addition, stakeholders were able to participate in two hands-on oriented workshops.

The final agenda

Photo Library

Financial Instruments delivering ESI Funds, Berlin, 25 February 2016

Picture: Ulrike Schreckenberger, Ministry for Economic Affairs and Energy, Germany

Financial instruments delivering ESI Funds were discussed at a seminar on 25 February in Berlin, Germany. The seminar was part of the series of national seminars that have been taking place in almost all EU Member States since autumn 2015.

More than 70 delegates attended the seminar in Berlin, including representatives from managing authorities, regional or national authorities, audit authorities, financial intermediaries and consultants from around Germany and other European countries.

Picture: Dr Joerg Lackenbauer, European Commission (DG REGIO)

The opening speech of the seminar was delivered by Ulrike Schreckenberger, European Union Structural Funds Unit of the German Federal Ministry of Economic Affairs and Energy, who welcomed participants and opened the floor for a fruitful event. Ulrike Schreckenberger presented the state of play of financial instruments in Germany, highlighting their wide use in SME support. She emphasised that in 2014-2020 the ERDF financial instruments allocation is expected to be double the amount in 2007-2013. Irene Schucht presented the long history the Investitionsbank Berlin has with loan or venture capital instruments especially in supporting SMEs. Dr Dietrich Englert, from the German ESF managing authority, the German Ministry of Labour and Social Affairs, highlighted financial instruments provided through microcredit funds. Thereafter, Emily Smith, European Investment Bank, spoke about experiences of the London Green Fund (UK) and underlined the importance of selecting the appropriate governance structure.

Picture: Emily Smith, European Investment Bank; Dr Dietrich Englert, Federal Ministry of Social Affairs and Labour, Germany; Irene Schucht, Investitionsbank Berlin, Germany

Following the case study presentations, the European Commission’s Directorate-General for Regional and Urban Policy presented the key novelties and official guidance concerning ESIF financial instruments and the opportunities offered by the 2014-2020 framework. The European Investment Bank’s presentation on fi-compass advisory support complemented this session by demonstrating the opportunities provided by the fi-compass website.

Two parallel workshops concluded the seminar in Berlin. These workshops included hands-on exercises following the life cycle of financial instruments with particular emphasis on the design phase. The participants engaged actively in the workshops and discussed their own practical experiences with implementing financial instruments.

The delegates’ active discussions demonstrated the advanced experience of the audience in all the steps of lifecycle of financial instruments. The seminar offered great networking opportunities as well as valuable learning for the delegates.

Financial Instruments delivering ESI Funds, Berlin, 25 February 2016

Title Speakers
pdf file not yet available file not yet available file not yet available

Financial instruments in Germany – State of play

Ulrike Schreckenberger, Ministry for Economic Affairs and Energy, Germany

pdf file not yet available file not yet available file not yet available

Financial instruments in the ERDF 2014-2020 Programme – Experience from Berlin

Irene Schucht, Investitionsbank Berlin, Germany

pdf file not yet available file not yet available file not yet available

Microcredit Fund in the framework of ESF – Implementation experience and lessons learnt

Dr Dietrich Englert, Federal Ministry of Social Affairs and Labour, Germany

pdf file not yet available file not yet available file not yet available

Financial instruments for Energy Efficiency – experience from other Member States

Emily Smith, European Investment Bank

pdf file not yet available file not yet available file not yet available

Opportunities offered by the 2014-20 framework
 

Dr Joerg Lackenbauer and Thomas de Béthune, European Commission (DG REGIO)

pdf file not yet available file not yet available file not yet available

fi-compass advisory support
 

Anna Zurek, European Investment Bank

pdf file not yet available file not yet available file not yet available

EC Guidance
 

Dr Joerg Lackenbauer and Thomas de Béthune, European Commission (DG REGIO)