New fi-compass case study focuses on business loans in Malta

The latest case study published by fi-compass presents a First Loss Portfolio Guarantee (FLPG) instrument implemented in Malta from 2011 to 2015 for small and medium sized enterprises (SMEs). These types of businesses play a predominant role in the Maltese economy, with SMEs accounting for 99.8% of companies and 79% of jobs in the country. Access to credit for SMEs had been difficult in the recent past.

EU-wide research study sheds light on SME financing patterns

Fi-compass provides advisory services on financial instruments funded by European Structural and Investment Funds (ESIF). A key target group for many ESIF financial instruments is small and medium size enterprises (SMEs). These comprise a diverse range of businesses with differing financing profiles and they include enterprises that are eligible for support from each of the ESI Funds.

New Guidance note about interest and other gains generated by European Structural & Investment Funds support paid to financial instrument (Article 43 Common Provisions Regulation)

A new European Commission Guidance note has been published to clarify how Member States should deal with interest or other gains generated from the investment of European Structural & Investment (ESI) Funds contributions to financial instruments. In the context of ESI Funds, the term 'treasury management' is used in relation to Article 43 of the Common Provisions Regulation which provides for investing the ESI Funds contribution to a financial instrument following the principles of sound financial management, and regulates the use of interest and other gains generated thereto.

Flagship fi-compass events spotlight opportunities for financial instruments in the European Social Fund

Two high level events were organised by fi-compass earlier this month to raise awareness about opportunities for financial instruments in the European Social Fund (ESF). Both events were based in Brussels with a conference on ‘Financial Instruments under the European Social Fund 2014-2020’ taking place on 2 February, which was followed the next day by the ‘Microfinance under the European Social Fund 2014-2020’ workshop.

Hungary and UK host fi-compass workshops for microcredit providers

Hungary and UK host fi-compass workshops for microcredit providers

Two new workshops are being organised under the Employment and Social Innovation (EaSI) Programme’s Technical Assistance from fi-compass.  The first workshop will focus on the Code of Good Conduct (CoGC) for Microcredit Provision and will take place in Manchester, United Kingdom, on 8 March 2016.