fi-compass seminar showcases financial instruments supporting urban and rural business investments

fi-compass seminar showcases financial instruments supporting urban and rural business investments

On 14 March a fi-compass seminar took place in Brussels focused on financial instruments under Thematic Objective 3 (TO3) ‘Enhancing the competitiveness of small and medium–sized enterprises (SMEs)’. This event was organised to promote knowledge sharing between representatives of managing authorities and intermediate bodies about their experiences with designing, setting up and implementing financial instruments which support SME competitiveness.

 

Hubert Cottogni

Submitted by d.ignatova@fi-… on
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With a total volume of EUR 448 million, the EquiFund ESI fund-of-funds was established in Greece to support innovative high-growth small and medium-sized enterprises (SMEs). Nine equity financial instruments were created within this fund-of-funds, providing companies, based or with a branch in Greece, with access to equity financing.

Filling gaps in agricultural and rural finance

Submitted by vasil.boychev@… on
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This five minute animated film has been produced to help managing authorities move forward with using the European Agricultural Fund for Rural Development (EAFRD) for revolving financial instruments. The video shows how EAFRD financial instruments can be useful for the rural economy. The video is based around a story of a typical rural area with entrepreneurs like young farmers, tourism providers, and family farms, as well as a context that could often be common for EAFRD managing authorities.