ARTE, a Polish organisation fighting social exclusion was backed by an ESF financial instrument which helped it expand and improve their service offering.
Articles on how financial instruments are being implemented on the ground
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.
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.
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.
Backed by a EUR 723 500 investment from the Portugal Social Innovation Social Impact Bond and private investors, Academia de Código bootcamps have enabled dozens of unemployed people to find a coding job in just 14 weeks!
Supported by a EUR 1.5 million-equity investment from the ERDF Financial Instruments in Bulgaria, Nasekomo, a successful biotechnology company at the forefront of European insect-based sustainable food production, will soon open an industrial demonstrator with a capacity of 600t/year.
Backed by a grant/loan combination funding from the ERDF ProFIT programme in the federal state of Brandenburg, Oviva, a leading diet coaching app has helped over 200 000 patients suffering from weight-related health problems.
A key objective of the CPR is administrative simplification, accelerating the delivery of public support in the real economy and streamlining the legal requirements for the development of financial instruments. The new CPR gives national authorities the possibility to set-up instruments suited to local, regional or national needs.
Alessio Lorusso, CEO of Roboze, a leading italian 3D company, built his first 3D printer alone in his bedroom at 17 out of curiosity and pure passion for 3D technology.
Supported by a EUR 3 million equity investment by Italy's Ministry of Universities and Research (MUR), Roboze is today a successful business developing machines and high performance components for worldwide giants.
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