Over the last two decades, Lithuania accomplished a major transformation in the financing of energy efficiency measures in multi-apartment residential buildings. Thanks to ERDF-powered financial instruments, the country was able to address multiple national priorities, including energy poverty.
The EU Commission and the EIB have been working towards supporting worker buyouts through advanced talks on the topic as well as a new ESF+ fi-compass study with a special focus on four European countries: France, Italy, Spain and Slovenia. Initiated in cooperation with DG EMPL, the study is set to explore innovative models of financial instruments for preserving jobs and skills in the EU workforce.
Small and young companies have limited access to the capital market. With the help of the Micro Mezzanine Fund Germany, Benjamin Brito, a young Argentinian, who arrived in Germany ten years ago, was able to open and develop his own van renovation business in Hamburg.
Thanks to the financial backing of the Micro and small loans for rural development 2014-2020, Ivica Babojelić, a young farmer growing organic berries in Samobor, West of Zagreb, could kickstart his project and transform his mother’s plot of land into a flourishing family farm.
Thanks to the venture capital (VC) support from IBB Ventures, backed by European Regional Development Fund resources, Nuventura, a Berlin-based start-up is spearheading a green revolution.
An EU-funded scheme, in the field of human capital, is implemented by the Malta Development Bank (MDB) and backed by the European Social Fund (ESF and ESF+). The blended financial instrument combines a guaranteed loan with a grant in the form of interest rate subsidy. Over the past four years, this instrument has allowed more than 500 students finance their studies.
Thanks to the project ‘Entrepreneurial Training Programme for migrants’ Jeffrey Msamala, a 34-year-old man originally from Zimbabwe, could build a valuable network and move forward his water sanitation company in the Netherlands.
Thanks to a microloan backed by SIS Credit under the ESF financial instrument, a group of friends created Infinite Games Ltd, a social enterprise active in the field of human rights education.
Implemented in 2017, the EAFRD Credit Fund Lombardy, a grant combination financial instrument made access to finance easier for agri-food companies while improving primary producers’ integration in the agri-food chain.
