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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 (Loan fund INNODEM2 - Belgium)

Description: 

The Belgian INNODEM2 loan fund, co‑financed by the European Regional Development Fund, addressed creditor risk aversion towards small and medium‑sized enterprises (SMEs) in the Liège province by using advantageous loans to support diversification and innovation. INNODEM2 loans were coupled with free advisory services like legal advice, accounting, communication, training and networking, which can increase the success rate of the SMEs. This case is particularly interesting because of its governance arrangements, bringing together public, semi‑public and private regional and local actors to achieve common objectives.

Country: 
Belgium
Responsibility: 
EIB