How does a project get EFSI financing?
Who can apply for EFSI financing?
How are projects selected for EFSI financing?
To benefit from EFSI resources deployed through the EIB, your projects need to undergo the standard EIB due diligence process. This process helps to verify if your project is eligible for EIB financing. If it is and the operational department proposes that it be backed by EFSI, it will be presented to the independent Investment Committee to decide on the use of the EU-guarantee.
In particular, EFSI projects need to be:
- Economically and technically sound
- In at least one of the EFSI eligible sectors as defined in Article 9 of the EFSI Regulation
- Contributing to EU objectives, including sustainable growth and employment
- Mature enough to be bankable
- Priced in a manner commensurate with the risk taken
Following a positive outcome of the due diligence process, projects are submitted for approval by the relevant EIB Group Governing Bodies.
How should promoters present projects for EFSI financing?
Project promoters should follow the usual EIB loan application procedures.
How should financial institutions and fund management companies offering financial products apply for EFSI financing?
Eligible financial intermediaries wishing to apply for EFSI financing deployed through EIF should refer to the EIF's website:
For more information on the EIF’s role and activities under EFSI see: How does EIF contribute to EFSI.
How should small and medium-sized companies apply for EFSI financing?
SMEs and midcaps interested in applying for loans and equity capital under EFSI should contact EIF financial intermediaries directly. Please note that EIF does not provide funding or guarantees to individuals or companies and that the final funding approval lies solely with the financial intermediary. For details see: EIF for SME finance.