Supporting social investment: venture philanthropy perspectives

Supporting social investment: venture philanthropy perspectives

Opportunities exist for financial instruments to support social investment by working alongside venture philanthropy. This topic was discussed by delegates at our European Social Fund conference in Brussels earlier this year. Speaking during the conference, Madeleine Clarke from the European Venture Philanthropy Association (EVPA) noted that "philanthropy is not seeking financial advantage" and that "philanthropy can make useful contributions to social impact investments, particularly during the early development stages of investment projects where public or private investments may be limited in its ability to take risks."

 

Omnibus regulation: simpler rules for use of EU funds adopted

Omnibus regulation: simpler rules for use of EU funds adopted

The so-called Omnibus regulation has now in force as of 2 August. The Omnibus regulation will amend the existing Financial Regulation which sets out the overall framework for budget management, as well as a number of acts governing the EU's multiannual programmes in various fields, including cohesion policy.

 

Public procurement guidance for financial instruments

Public procurement guidance for financial instruments

Updated guidance by the European Commission about public procurement procedures applies to financial instruments that use the European Structural and Investment Funds (ESIF). This guidance is designed to help national, regional and local public officials dealing with ESIF to ensure efficient and transparent procurement for EU-funded projects.

 

Fourth annual EU conference on EAFRD financial instruments for agriculture and rural development

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The ‘Fourth annual EU conference on EAFRD financial instruments for agriculture and rural development in 2014-2020’ took place on 5 and 6 June 2018 in Sofia. In this conference, participants received a comprehensive overview on: the Commission’s new proposal for supporting agriculture and rural development through the CAP and financial instruments; the opportunities provided by EAFRD financial instruments for EU Member States and regions following the Omnibus regulation and EFSI 2.0; ways in which EU Member States and regions are using EAFRD financial instruments for agriculture and rural development so far; the impact and results of EAFRD supported financial instruments on the development of their agricultural and agri-food economies.

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