on financial instruments under the European
fi-compass is a platform for advisory services
Structural and Investment Funds (ESIF)
be an important tool for boosting EU agriculture.
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

Case study (JEREMIE Acceleration and Seed instrument in Bulgaria)


This case study features the equity instrument from the Bulgarian JEREMIE Holding Fund, co‑financed by the European Regional Development Fund (ERDF). The investment strategy of the Bulgarian JEREMIE Holding Fund addresses financing needs of Bulgarian small and medium‑sized enterprises at all stages of business development, through debt and guarantees, as well as equity and quasi‑equity products in combination with non‑financial support. The instrument, worth EUR 21 million, provided start‑ups with accelerator services and seed investments of up to EUR 200 000. In addition to creating over 600 jobs, it triggered a further EUR 20 million in third‑party follow‑on investment. The innovative character of this instrument (based on a combination of accelerator and seed funding, as well as its international orientation and its market oriented approach) is considered to be a key success factor.