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

Three identical fi-compass seminars are being organised in three locations in the EU Member States (Paris, Rome and Warsaw). 

The purpose of the seminar is:

  • to provide Member States and Managing Authorities with the opportunity to learn more about the advantages, features and suitability of Financial Instruments in delivering ESIF 2014-2020 objectives, in particular the ESF;
  • to provide the opportunity to discuss in depth the technical challenges that the Managing Authorities and the Member States are facing at the moment in regards to the design and set up of Financial Instruments; and
  • to present the regulatory framework and key novelties of the Financial Instruments and the fi-compass support available.

Participants can expect to further their understanding of how Financial Instruments can help in their efforts to deliver ESIF 2014-2020 objectives, under the European Social Fund in particular. Case studies on Financial Instruments solutions developed by regions and Member States, the guidance by the European Commission and the support by fi-compass will be presented in these three seminars. In addition, a training session on the ex-ante assessment in the context of ESF will be provided.

The final agenda

Photo Library

Event Video

Seminar: Financial Instruments for delivery of the ESF, Paris, 22 September 2015

Financial instruments and the ESF were under the spotlight in Paris this week at a regional seminar organised by fi-compass. Participants from around Europe attended the event which highlighted useful experiences from existing loan funds supporting the types of activities that are relevant for ESF purposes.

Advice and experiences were also exchanged by the Paris participants about the range of fi-compass advisory material that is available to help ESF stakeholders. A special session for instance was organised to increase awareness about how to use an ex-ante assessment methods for ESF financial instruments.  Outcomes helped the participants to build their capacity in designing and setting up an effective financial instrument. Other speakers drew attention to possible synergies between ESF programmes and EaSI – the EU-level financial instrument for Employment and Social Innovation.

Delegates like Kyriaki Somponi from Greece’s ESF managing authority found the question and answer sessions particularly useful in Paris noting, “The reason why I came to this very interesting seminar is to get an insight into how to use the financial instruments to help socially vulnerable groups and social entrepreneurs. This was a very fruitful experience, especially the success stories provided by other countries that gave me useful ideas about how to design and implement financial instruments that help the social economy to develop in my country.”

An example of the useful advice provided by speakers at the seminar included experiences with packages of support for entrepreneurs and small businesses. Audrius Zabotka from INVEGA (a national business support agency in Lithuania) points out the importance of ESF managing authorities maintaining a close overview of how financial instruments are implemented. He explained that ESF managing authorities need to prepare for doing more than just the selection of a capable financial intermediary. Each instrument needs to be continually monitored and reviewed by the ESF authorities to ensure that it achieves its objectives underlines Mr Zabotka.

Similarly useful events about ESF financial instruments are arranged for Rome (21 October) and in Warsaw (4 November).

Seminar: Financial Instruments for delivery of the ESF, Paris, 22 September 2015

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

State of play of financial instruments in the ESF 2014-2020 programmes.
Case studies presented: challenges and solutions

Audrius Zabotka, INVEGA, Lithuania

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

State of play of financial instruments in the ESF 2014-2020 programmes.
Case studies presented: challenges and solutions

Paolo Zaggia, Finlombarda S.p.A., Italy

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

State of play of financial instruments in the ESF 2014-2020 programmes.
Case studies presented: challenges and solutions

Corinne Palcy, ADIE France

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

The ESF programmes and the potential use of financial instruments

Andrea da Pozzo, European Commission

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

The ESF programmes and the potential use of financial instruments

Ando Siitam, European Investment Bank

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

Financial instruments to support employment and social innovation: EU Programme for Employment and Social Innovation (EaSI)

Shadin Viratham, European Commission

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

Training session on ex-ante assessment (group work)

Alessandro Valenza, François Levarlet and Tim Wills, fi-compass experts