Blending ESIF and EFSI Funding Sources: Options for Funding, Infrastructure and SME Support Operations

23-24/May/2017  •  Brussels  •  EIPA members' fee: €995

Project Leader
Marco Lopriore
For more information about the activity, please contact:
What is this course about?
This seminar-workshop will describe how to use European Structural and Investment Funds (ESIF) alongside the EFSI instrument, the European Fund for Strategic Investment (a part of the so-called “Juncker Plan”). EFSI exists to lever private funding into projects with a higher degree of risk.

ESI Funds (particularly Structural and Cohesion Funds) are playing a key role in co-funding large projects - vital infrastructure, productive investment in companies. EFSI is a new instrument designed to complement the role of ESIF. Notably, EFSI is so successful to date, that it is to be extended and prolonged. This course will explain how best to draw from both Funds.

The seminar will look at how EFSI works and how the funding can be accessed – what is the thinking behind EFSI, how it is structured and managed, and in what circumstances can it be used. There will be a focus on how to use EFSI with ESI Funds. We will present some examples from around the EU of where the instruments have been used together, and to examine specifically how EFSI will work in conjunction with Financial Instruments – an ESIF instrument for providing public and private sector support to companies.

We will also describe how ESI Funds are used in the implementation of major projects, whether for infrastructure or for investments in companies. The specific rules for major projects and other large projects will be outlined and there will be a detailed description of the standard tests required in order to proceed with major projects.

How will it help you?
  • Participants will leave with a clear picture of when and where EFSI might be used, how to access the funding, and how to plan it alongside ESI Funds. They will understand the procedures in place for both instruments.
  • Participants will also understand how to proceed with securing EU co-finance for major projects and be familiar with the required appraisal steps, including the financial analysis, the economic analysis and the risk and sensitivity analyses.
  • The seminar-workshop will include keynote presentations from senior European Commission /EIB officials, as well as expert consultant input. It will use a mix of illustrated slide-presentations, question and answer sessions and discussions. Workshops and exercises will used in order to help fix ideas and technical procedures. There will be ample opportunity for an exchange of experiences from different Member States. It will draw together experience of a range of sectors and of the European institutions.
Who will benefit most?
The workshop will be of particular interest to those considering or planning to use ESI Funds in conjunction with EFSI, in order to implement major projects or other large projects. These include policy makers, public officials from Managing Authorities and other departments, private sector service providers, funders and professional advisers in EU Member States, candidate countries and beyond. It should also be of interest to academics and to officials in European organisations.