JEREMIE & JESSICA: Towards Successful Implementation
- Date: 29 November 2010 - 30 November 2010
- Location:Brussels
Belgium
Conference organised by the Directorate General for Regional Policy of the European Commission in co-operation with the European Investment Bank group.
The conference was a flagship event bringing together high level participants and stakeholders from EU Member States, including policy-makers and representatives of the public and private sectors involved or interested in:
- JEREMIE – Access to Finance for SMEs
- JESSICA – Sustainable Urban Development
The event was aimed at the promotion of the JEREMIE and JESSICA innovative financial engineering instruments and at the exchange of best practice among participants.
To date, a total of EUR 4.9 billion of Structural Funds has been committed to these two financial instruments, of which EUR 3.2 billion for JEREMIE and EUR 1.7 billion for JESSICA.
Building on the most recent implementation experience, this event provided updated information about the progress of both initiatives, including case studies presented by national and regional authorities, and financial institutions. Four separate workshops provided insights from operational experience and horizontal studies into key themes which are crucial to the implementation of JEREMIE and JESSICA.
Programme:Download the programme
Keynote Addresses:
Johannes Hahn, Commissioner for Regional Policy, European Commission
Matthias Kollatz-Ahnen, Vice-President, European Investment Bank Group
Danuta Hübner, Chairwoman, European Parliament Committee on Regional Development (REGI)
Rudy Demotte, Ministre-Président de la Communauté française et de la Region wallonne, Belgique
Workshop Presentations:
Workshop 1 (JEREMIE): Different markets, tailored approaches – JEREMIE implementation in the Member States
- JEREMIE snapshot – an introduction by Jozef Stahl, Directorate General for Regional Policy, Financial Engineering
- JEREMIE implementation with a regional development agency – The case of Andalucía: challenges, achievements and perspectives by Antonio Valverde Ramos, Director-General of Agencia de Innovación y Desarrollo de Andalucía IDEA
- Venture Capital financed from ERDF – The case of Northwest England: challenges, achievements and perspectives by David Malpass Director of European Programme, Northwest Regional Development Agency
- Views from a national holding fund on the JEREMIE implementation – The case of Hungary: challenges, achievements and perspectives by József Vingelman, Chief Executive Officer of MV - Venture Finance Hungary Private Ltd. Company
Workshop 2 (JESSICA): Learning from JESSICA implementation - Horizontal themes
- JESSICA snapshot – an introduction by Björn Gabriel, Directorate General for Regional Policy, Financial Engineering
- From evaluation to operation – The Handbook on JESSICA Holding Funds by Fabio D’Aversa, PriceWaterhouseCoopers
- JESSICA Urban Development Funds – Typologies & Governance Structures of UDFs by Michael Nadler, TU Dortmund, Germany
- JESSICA and State aid principles by Egle Striungyte, Directorate General Competition
- Addressing State aid issues in Wielkopolska (PL), Andalucia (ES) and the UK by Frank Lee, Head of Holding Funds and Advisory Northern Europe, JESSICA and Infrastructure Funds Division, EIB
Workshop 3 (JEREMIE): Learning from JEREMIE implementation - Successes and challenges
- Latest developments of EIF JEREMIE Activities by Hubert Cottogni, Head of Regional Business Development, EIF
- JEREMIE Operational Procedures
- Introduction of JEREMIE Handbook on Operational Procedures by Rudi Asselberghs, Directorate General for Regional Policy, Financial Engineering
- A Practical Case to Illustrate JEREMIE Implementation: Selection Process of a financial intermediary by Graham Cope, Head of Region Northern Europe, Regional Business Development, EIF
- Selection Process of a JEREMIE Financial Intermediary - A Practitioner’s View Outlining the Benefits and Challenges to Channel Structural Funds to SMEs by Donatas Savickas, Deputy CEO of Siauliu Bankas Lithuania
Workshop 4 (JESSICA): Bringing Structural Funds into action - JESSICA implementation in the Member States
- JESSICA Holding Fund implementation – Lessons learned from Calls for Expression of Interest & the selection of financial intermediaries in the Member States by Frank Lee, Head of Holding Funds and Advisory Northern Europe, JESSICA and Infrastructure Funds Division, EIB
- JESSICA implementation through a bank- managed UDF: The case of BGK in Wielkopolska (Poland) by Radosław Krawczykowski, Director of Wielkopolska Managing Authority and Marek Szczepański, Director, Bank Gospodarstwa Krajowego
- Investment funds as UDF manager: The business plan and investment strategy for Wales by Ken Cook, Head of Spatial Support and Regeneration, Welsh European Funding Office (WEFO), and by Jenny Curtis and Leo Bedford, Amber Infrastructure
