The EAFRD Guarantee: Konstantinos Gkotzamanis, cotton and cereal producer

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Konstantinos Gkotzamanis is a cotton and cereal producer in Karditsa, Greece. Thanks to the support of the EAFRD Guarantee Fund, he was able to buy a new tractor for seeding and harvesting that helps him to reduce energy costs and to double his crop production.

The EAFRD guarantee instrument showcased in the video aims to improve access to finance conditions for agricultural and agri-food enterprises in Greece to help beneficiaries get their investment projects off the ground.

 

Implementation of grants combined with financial instruments in a single operation

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Explore insights from the online thematic fi-compass workshop on the 'Implementation of grants and financial instruments combined in a single operation', organised by the European Commission's DG REGIO and the European Investment Bank. Delve into discussions on key topics such as the application of financial instrument rules to grant components, State aid considerations, and management costs and fees. Gain valuable knowledge and best practices shared by practitioners during the workshop, alongside an extended Q&A session addressing various aspects of combining financial instruments with grants.

FI Campus 2023

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Embark on a comprehensive journey through FI Campus 2023 with the full recording video, capturing in-depth discussions and insights shared by practitioners and experts from various EU institutions and stakeholders. Delve into key topics including green transition financing, urban development, equity investments, and the Common Provisions Regulation, alongside interactive sessions covering audit practices, microfinance, worker buyouts, social impact investing, and sustainable fisheries and aquaculture support.

Reinforcing supply chains in Lombardy for a sustainable agricultural sector

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The EAFRD Credit Fund supported agri-food companies in Lombardy, Italy, to increase value added along the entire food production chain. Thanks to the support of this EAFRD financial instrument, two cooperatives could enhance their production capacity and expand their business, to the benefit of their members. Comazoo a cooperative producing animal feed, was able to finance two new production lines for GMO-free and organic feed. Latteria Sociale Valtellina, a cooperative of over 100 members producing cow milk, could renovate its main production hall, purchase new machines for pasteurising and bottling milk and build a new laboratory, ultimately saving water and energy.

Implementation of grants and financial instruments combined in a single operation

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The second fi-compass Knowledge Hub on combination took place in April 2023. Experts from Member States joined colleagues from the European Commission and European Investment Bank to discuss the key topics that have arisen in relation to the implementation of financial instruments combined with grants in a single operation.

Biznesmax – ERDF guarantee supporting SMEs in Poland

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The Biznesmax guarantee, a key financial instrument co-financed with 2014-2020 European Regional Development Fund (ERDF) resources in Poland, provides support to the country’s innovative entrepreneurs and green projects in small and medium-sized enterprises (SMEs). The instrument swiftly adapted to changing circumstances by utilising regulatory flexibilities of the Coronavirus Response Investment Initiative (CRII) and the Coronavirus Response Investment Initiative Plus (CRII Plus).

Funding agreement

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Not formal guidance

The fi-compass Knowledge Hub – Funding agreement, meeting the requirements of Annex X of the Common Provisions Regulation considered several key features of the funding agreement. This note summarises some of the key insights shared between participants during the event’s in-person workshop on 6 October 2022 in Brussels.