Our fi-compass factsheet about financial instruments working with microfinance is now available in French, Spanish, Italian, German, and English languages at: www.fi-compass.eu/publication/brochures-factsheets/factsheet-financial-instruments-working-microfin…
A new case study featuring European Social Fund experience with financial instruments in Italy has been published by fi-compass.
fi-compass has released a new case study showing how a loan fund co-financed by the European Regional Development Fund can help address risk aversion among lenders towards small and medium-sized enterprises. This case study's financial instrument operated during the 2007-2013 period in Belgium's Wallonian province of Liège.
A new fi-compass case study features a Spanish financial instrument that was set up towards the end of the 2007-2013 period with co-funding from the Extremadura regional Operational Programme.
Recent news from fi-compass featuring our support for the European microfinance sector includes:
EC annual summary of data reinforces the potential of financial instruments in implementing Cohesion Policy
By the end of 2015, a total of almost EUR 16.9 billion of 2007-2013 Operational Programme (OP) resources was paid to more than 1000 financial instruments, of which around 75% was disbursed to final recipients, creating an estimated 140 000 jobs. These new figures covering the period up to the end of 2015 are available in the latest annual summary of data on the 2007-2013 financial engineering instruments by the European Commission.
A new round of knowledge sharing events is underway through fi-compass to help Member States and regions implement financial instruments. These include an event dedicated to Commission guidance, and also a series of seminars with thematic focus, such as those for revolving funds supporting energy efficiency investments or small and medium-sized enterprises (SMEs). Other events in the fi-compass pipeline will feature advice about agricultural instruments as well as microfinance.
The new 2016-2018 work programme has been launched by fi-compass. The new advisory services build on the achievements of the first fi-compass work programme, which include a successful series of capacity building events and the publication of many new learning resources about European Structural and Investment Funds (ESIF) financial instruments, as well as the continuation of the Employment and Social Innovation programme technical assistance (EaSI TA).
A new fi-compass advisory publication explains how financial instruments can support Member State objectives for inclusion and employment. This factsheet, ‘Financial instruments working with personal loans’, is now available for downloading and sharing via the fi-compass website.
A number of new case studies will soon be published by fi-compass. These include information and experiences from financial instruments using the European Regional Development Fund (ERDF) and the European Social Fund (ESF).