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services on financial instruments under the
fi-compass is a unique platform for advisory
for Employment and Social Innovation (EaSI).
European Structural and Investment Funds
(ESIF) and microfinance under the Programme
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be an important tool for boosting EU agriculture.
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Investments, in a variety of forms, will help create a modern, dynamic agri-food
sector to create jobs and enhance growth in the EU. Financial Instruments will
Financial instruments using the European Social Fund
can support a wide range of financially viable
investment projects
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Case study (Creating new jobs and entrepreneurship through financial instruments Mazovia - Poland)

Description: 

This case study reviews the financial instrument ‘Creating new jobs and entrepreneurship in Poland’s Mazovia region’, a pilot scheme implemented under Poland’s European Social Fund (ESF) Human Capital Operational Programme. The financial instrument has provided loans of up to EUR 12 500 as well as training and business advice to Mazovian residents who intended to start a business but had limited access to capital. Loans have been provided at below market interest rates with reasonable collateral requirements. The ESF financial instrument’s objective focused on tacking intra‑regional disparities in unemployment as well as underemployment and promotion of entrepreneurship.

 

Country: 
Poland
Responsibility: 
EIB