Shared management funds and financial instruments

Who is eligible and what we offer?

The EIB can work with all Managing Authorities of EU Member States and regions that wish to implement financial instruments using their shared management funds.

Financial instruments implemented by EIB provide support to final recipients via financial intermediaries in the form of:

• loans;
• guarantees;
• quasi-equity and / or direct equity.

To find out if your project can be financed, see active EIB financial instruments in your country.

Eligible financial intermediaries, such as banks, financial institutions, investment fund (including special purpose entities), fund managers or other financial intermediary, whether public or private, can apply to participate in the programme. See our on-going calls for expression of interest. For selected financial intermediaries, financing from the established fund of funds could be provided in the form of:

• loans to support working capital and investments promoted by eligible projects/final recipients;
• guarantees designed to lower repayment risk; and
• equity investments, mainly through funds to support the growth of companies.

In combination with financial instruments, financing from EIB own resources could be provided to final recipients for example via investment loan to eligible public or private  promoters; and to financial intermediaries for example via intermediated loan.