The objective of this Open Call for Expression of Interest, launched by the European Investment Fund, is to select eligible financial institutions to become Financial Intermediaries under the InnovFin SME Guarantee Facility (the “Facility”), window of the single EU debt financial instrument.
Social enterprise finance providers can now apply for technical assistance services under the Employment and Social Innovation (EaSI) programme
To build the emerging European social enterprise finance sector and to facilitate access to EaSI financial instruments, the European Commission is extending the scope for the provision of EaSI technical assistance - which previously focused only on microcredit providers - to cover also the needs of social enterprise finance providers.
The Innove Foundation opened a call for proposals under the European Social Fund for services to enhance employability. The purpose of the call is to encourage the employment and labour market retention of those who are less competitive on the labour market, including people whose main language is not Estonian.
As part of the EaSI programme, the European Commission launched in 2019 the Business Development Services (BDS) Pilot, to further strengthen the provision of such services to refugees and migrants, and therefore contribute to their financial and social inclusion. Funding is still available to eligible financial intermediaries through the programme's implementing partner, the European Investment Fund (EIF).
These calls for proposals on projects aiming to increase citizen participation in civic activities is a part of the implementation of the programme Active Citizens Fund – Slovakia (ACF – Slovakia or programme).
The present call for applications lays down the detailed specifications to apply for Bilateral Cooperation Initiatives.
The EaSI Guarantee Instrument is funded from the EaSI Programme and is specifically dedicated to microfinance and social entrepreneurship. One of its key objectives is to increase the availability of and access to finance for vulnerable groups wishing to launch their own enterprises, micro-enterprises and social enterprises, both in their start-up and development phases.
The European Investment Fund (EIF) and the European Commission recently announced a new initiative to help micro-credit and social enterprise finance providers develop their businesses under the EU Programme for Employment and Social Innovation (EaSI).
The objective of this instrument is to build up the institutional capacity of selected financial intermediaries that have not yet reached sustainability or are in need of risk capital to sustain their growth and development.
As part of the policy response to address the economic disruption caused by COVID-19, certain measures are made available to Financial Intermediaries to provide dedicated support to micro-borrowers, microenterprises and social enterprises. These Support Measures enhance the availability of finance to EaSI target final recipients. The COVID-19 Support Measures shall consist, in principle, of an increase in the risk taking capacity of EaSI Guarantee through the amendment of certain terms of the instrument.
