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Scoop.it!
We are pleased to announce the fi-compass event 'The role of social financial intermediaries in deploying financial instruments under the European Social Fund in the 2014-2020 programming period', 17 October 2017 in Brussels. This event is organised by the European Commission, DG Employment, Social Affairs and Inclusion (DG EMPL) in partnership with the European Investment Bank (EIB). 
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Scoop.it!
The case study presents the Entrepreneurship Promotion Fund (EPF) which has been implemented in Lithuania under the Operational Programme for the Development of Human Resources 2007-2013 and which is funded by the ESF. The main aims of the EPF are to promote self-employment and entrepreneurship. The EPF focused on start-ups and prioritised disadvantaged groups in order to fill the gap in funding for these groups.
nicoleta susanu's insight:
This case study describes how the Lithuanian government used part of its European Social Fund (ESF) allocation to develop entrepreneurial talent in the country through a financial instrument. A total of EUR 14.48 million of ESF funds was
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The main focus of this event will be on the role of social financial intermediaries (SFI) in the set-up of national or regional level financial instruments products with the European Social Fund (ESF) such as loans, guarantees, equity or quasi-equity. The opportunities of such instruments, as well as SFI’s most common practical challenges in implementing them will be in the spotlight of this event.
Deadline for registration is Tuesday, 10 October 2017.