EAFRD Guarantee Fund in Portugal: EIF’s implementation insights
Alessandro Gargani, Business Development and Mandate Manager, European Investment Fund
Recorded at: Financial needs in the agriculture and agri-food sectors in Portugal
Alessandro Gargani, Business Development and Mandate Manager, European Investment Fund
Recorded at: Financial needs in the agriculture and agri-food sectors in Portugal
Sónia Ribeiro, Governmental Financial Instruments Manager, Banco Santander
Recorded at: Financial needs in the agriculture and agri-food sectors in Portugal
Filipe Ravara, Director of Agribusiness, Caixa Geral de Depósitos
Recorded at: Financial needs in the agriculture and agri-food sectors in Portugal
Alessandro Gargani, Business Development and Mandate Manager, European Investment Fund
Sónia Ribeiro, Governmental Financial Instruments Manager, Banco Santander
Filipe Ravara, Director of Agribusiness, Caixa Geral de Depósitos
This video case study showcases Nasekomo, a successful biotechnology company in Bulgaria producing edible protein from insects. Thanks to equity investments co-financed with ERDF resources, Nasekomo could scale up their production facilities and further develop their research and development programme.
This video illustrates how an ERDF powered long term loan financed the modernisation of the contemporary art centre and library in Burgas, Bulgaria. The renovation of an old German school allowed the neighbourhood to enjoy a modern space for education and cultural activities. The project also involved the digitalisation of publications and archives, as well as the creation of a virtual reality lab for children and young people to participate in creative educational activities.
The Fund Manager of Financial Instruments in Bulgaria (FMFIB) is a Holding Fund that manages EU shared management resources through 13 different financial instruments on behalf of five Bulgarian managing authorities. A robust organisational structure has been set up which has allowed specialist expertise to be recruited and retained. This has allowed standardised procedures to be developed, for example in connection with selection, monitoring and audit, securing economies of scale and ensuring experience gained with one financial instrument to benefit future operations.