Good practices of ESF+ financial instruments for social economy


21 June 2022
About the event


The European Commission – Directorate-General for Employment, Social Affairs and Inclusion (DG EMPL) in partnership with the European Investment Bank (EIB) organised the fi-compass webinar ‘Good practices of ESF+ financial instruments for social economy’, on Tuesday, 21 June 2022.

Ann Branch, head of Social and Inclusive Entrepreneurship Unit at DG EMPL, European Commission, opened the webinar by stating that the EU Social Economy Action Plan seeks to unleash the full potential of social economy across Europe and beyond. It will do so by developing an enabling framework, opening up concrete opportunities through enhanced support to capacity building, and promoting a better understanding of the feature of social economy among all stakeholders. She also explained the relevance of ESF+ in reaching this goal. 

Watch the webinar recording:

The webinar focused on real-life financial instruments, showcasing on-the-ground examples of ESF supporting social entrepreneurship and microfinance in Bulgaria, Germany and Poland. The participants benefited from presentation of experts from the European Commission, the European Investment Bank, as well as managing authorities and other bodies involved in the implementation of financial instruments.


pdf presentation      pdf audio      pdf video      pdf case study

The audio in the video files is in original language of the speakers. The English interpretation is available as audio files.

Title Speakers
ESF financial instruments in Bulgaria – Guarantees and risk-sharing loans for microfinance

Dimitar Cherkezov, Head of Department, EU Operational Programmes, Fund Manager of Financial Instruments in Bulgaria

ESF financial instruments in Bulgaria – Risk-sharing instrument for microfinance

Martina Grigorova, Chief Executive Officer, SIS Credit

Mikrodarlehen – Microloans for entrepreneurs and start-ups in Saxony, Germany

Eugenio Saba, Financial Instruments Advisor, European Investment Bank

Financial instruments for social economy implemented by Bank Gospodarstwa Krajowego

Aleksandra Kwiatkowska, Director, Financial Instruments Development Office, Bank Gospodarstwa Krajowego (BGK), Poland

Good practices of ESF+ financial instruments for social economy
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