Financial intermediaries and equity financial instruments – Working with managing authorities on ESIF equity instruments
- Oct 15, 2018
- Oct 16, 2018
Equity and (quasi-equity) financial instruments are increasingly used by the Member States and regions to support economic and social development through European Structural and Investment Funds (ESIF) in the 2014-2020 programming period. By the end of 2016 more than EUR 10bn had been invested into financial instruments (providing loans, guarantees and equity) in a number of sectors including SMEs, ‘research, development and innovation’ (RDI) and energy efficiency.
Financial intermediaries including national promotional banks and institutions (NPBIs), other promotional banks and private sector financial institutions, play an important role in the implementation of such instruments across the EU.
Their active involvement in the implementation of equity instruments contributes to the overall delivery of many of the Member States’ investment priorities and ESIF Thematic Objectives (TO) outlined in the Operational Programme (OPs).
Therefore, to deploy such instruments that meet the demand of potential final recipients, a strong collaboration between the financial intermediaries and the managing authorities is necessary at all stages of the design and implementation of such instruments.
This fi-compass event aims to bring together financial intermediaries, national promotional banks and institutions (NPBIs), managing authorities and other stakeholders to share their practical experiences in implementing ESIF equity financial instruments, with a focus on:
- the role of NPBIs in implementation of equity instruments in 2014-2020,
- the state of play for the use of equity financial instruments,
- practical challenges of implementing financial instruments supporting three different Thematic Objectives (TO):
- TO 1: Strengthening research, technological development and innovation,
- TO 3: Enhancing the competitiveness of small and medium-sized enterprises (SMEs),
- TO 4: Supporting the shift towards a low-carbon economy in all sectors.
During the event, the exchange with financial intermediaries and managing authorities will be based on three pillars:
- Exchange of knowledge and know-how, through presentations and plenary discussions with experts from NPBIs and other financial institutions, as well as presentation of case studies of equity instruments in the current programming period with support of financial intermediaries.
In to-the-point presentations, both managing authorities and financial intermediaries will share their experiences and challenges in setting up equity instruments with ESIF in 2014-2020.
- Interactive discussion sessions on practical experiences, where financial intermediaries, managing authorities and other stakeholders will have an opportunity to exchange in smaller groups, with the help of a facilitator, their experience on practical topics related to implementation of ESIF equity instruments supporting specific sectors / horizontal topics:
- TO1: Strengthening research, technological development and innovation
- TO3: Enhancing the competitiveness of small and medium-sized enterprises (SMEs)
- TO4: Supporting the shift towards a low-carbon economy in all sectors
- Horizontal topics – Identifying and working with final recipients.
- Networking opportunities, bringing together financial intermediaries, NPBIs, managing authorities and other stakeholders in order to help them understand their roles and responsibilities related to equity instruments in the 2014-2020 programming period, and to discuss how to work hand-in-hand to achieve the common goal of successfully deploying these instruments.
This event is designed for stakeholders involved in equity (and quasi-equity) instruments in 2014-2020, especially supporting TO1, TO 3 and TO4:
- Financial intermediaries, NPBIs and private sector financial institutions from across the EU,
- ESIF managing authorities and other authorities involved or planning to become involved in the implementation of equity (and quasi-equity) instruments in the 2014-2020 programming period.
This event can be also useful for stakeholders involved in implementation or planning implementation of equity (and quasi-equity) instruments supporting other TOs.
The event will take place in English.
Agenda of the conference
The detailed programme of the event is available here.
Registration is via www.fi-compass.eu/events and the deadline for registration is Wednesday, 10 October 2018.