High risk-high reward RDI projects
- Date: 24 June 2010
- Duration: 7:50
Language : English
This short film tells the story of a successful new debt financing instrument that allows for more investment in Europe's knowledge economy. The Risk Sharing Finance Facility (RSFF) is built on the principle of credit risk sharing between the European Commission and the EIB. It extends the ability of the bank to provide loans or guarantees for investment with a higher risk and reward profiles in the field of research, development and innovation (RDI). According to Máire Geoghegan-Quinn, Commissioner for Research, Innovation and Science, "A Europe of zero risk would be a Europe of zero innovation".