In Poland, social enterprises are benefiting from a financial instrument using the European Social Fund (ESF). This case study shows how the financial instrument makes public money go further and investing more affordable for businesses supporting the long-term unemployed and disabled.
Learn about a financial instrument that uses the European Maritime and Fisheries Fund (EMFF) in Estonia. Representatives from the managing authority, the financial intermediary and entrepreneurs in the fisheries industry who received support are featured talking about their positive experiences.
This is the second year for the 2014-2020 programming period that the Commission has produced the summaries of data on the progress made in financing and implementing financial instruments supported by European Structural and Investment Funds (ESIF). The summaries are based on data reported by the managing authorities in accordance with Article 46 of Regulation (EU) No 1303/2013 of the European Parliament and of the Council (CPR).
This is the first year for the 2014-2020 programming period that the Commission has produced the summaries of the data on the progress made in financing and implementing financial instruments (FIs) supported by European Structural and Investment Funds (ESIF). The summaries are based on data reported by the managing authorities in accordance with Article 46 of the Regulation (EU) No 1303/2013 of the European Parliament and of the Council (CPR). In this first exercise the information in the summaries concerns cumulatively the years 2014 and 2015.
The SME Initiative is a joint financial instrument of the European Union and the European Investment Bank Group, designed to stimulate finance for small and medium-sized enterprises in the Member States. It can be targeted to support farmers and/or agribusinesses under the European Agricultural Fund for Rural Development, boosting in this way investments in agriculture and forestry as well as in the rural economy.
Our fi-compass EaSI TA advisory services organised three workshops in Portugal during the Ethical and Solidarity Finance Forum (FFES III). More than 160 people participated representing Portuguese stakeholders involved in ethical and solidarity financing. The three EaSI TA workshops focused on raising awareness about the ethical and solidarity financing environment as well as related financing gaps in Portugal.
The case study explains a financial instrument from Lithuania that uses co-finance from the European Social Fund (ESF) to promote self-employment and entrepreneurship. This ESF financial instrument is focused on business start-ups and prioritises disadvantaged groups in order to fill financing gaps for these groups’ investment ideas. Our ‘Entrepreneurship Promotional Fund’ case study shows how local entrepreneurs were able to take advantage of low-interest loans from credit unions and free training to launch businesses.
FI Campus was a three day event focused on ‘Financial instruments under the European Structural and Investment Funds (ESIF) in the 2014-2020 programming period’. It took place from 29 November – 1 December 2017 in Brussels. Further information about FI Campus is available here.
Our three day event entitled FI Campus was held in Brussels from Wednesday, 29 November to Friday, 1 December 2017. Its focus was on financial instruments under the European Structural and Investment Funds (ESIF) in the 2014-2020 programming period, and the event was aimed especially at ESIF managing authorities, financial intermediaries, regions, cities and their stakeholders.
In the 2014-2020 legal framework, the managing authority of a financial instrument has the possibility to choose between several implementation options for financial instrument(s), as appropriate. The purpose of this new guidance note is to explain the implementation options for the management of financial instruments under Article 38(1)(b) of the Common Provisions Regulation.
