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    Key figures 


    €540.3 billion

    total investment related to EFSI approvals

    €102.1 billion

    of financing approved

    Some 1,500,000

    small and medium businesses expected to benefit

    Helping where it is most needed

    Furthering jobs and sustainable growth

    Best practice

    Since its launch, hundreds of projects have benefitted from EFSI and all of them contribute to making our continent more social, green, innovative or competitive. The examples below give a glimpse of the many things that EFSI helps flourish.

    The EFSI Steering Board governed the implementation of EFSI to ensure the appropriate use of the Guarantee from 2015 until 2020. It determined the strategic orientation of EFSI, including its risk profile, the operating policies and procedures necessary for its functioning and operations with investment platforms, national promotional banks or institutions. The Steering Board comprised five members, three appointed by the EC, one appointed by the EIB and one expert appointed as a non-voting member by the European Parliament

    Steering Board meetings – Minutes

    In accordance with Article 7 of the EFSI Regulation, the minutes of the Steering Board meetings were published as soon as they were approved by the Steering Board.







    Meetings with stakeholders

    The EFSI Investment Committee was responsible for approving the use of the EU guarantee for EIB operations supporting strategic investments under the Infrastructure and Innovation Window, in line with EFSI investment policies and the requirements of EU Regulation 2017/2396 between 2016 and 2020.

    The Investment Committee was comprised of the Managing Director, his deputy and eight independent experts, appointed by the Steering Board.

    Decisions and Rationales of the Investment Committee

    Investment Committee decisions approving the use of the EU guarantee for EIB operations, including the rationales of the Investment Committee for these decisions, are publicly available. Projects for which the EIB and the client agreed on confidentiality until contract signature are listed in reports published once the projects were signed.









    Documents related to EFSI

    In accordance with Article 7 of the EFSI Regulation, documents related to the European Fund for Strategic Investments (EFSI) are made publicly available.

    Steering board documents

    EFSI implementation under SMEW

    EFSI implementation reports

    Legal documents

    EFSI Impact