"Creating Innovative Regional Cooperation by Leveraging European Funds for Strategic Investments"
Interreg Europe helps regional and local governments across Europe to develop and deliver better policy.
CIRCLES aims to unlock potential for innovation, internationalisation and sustainable growth of Scale-ups & SMEs in Europe by improving the ease of use of EFSI Financial Instruments at all levels.
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- EFSI will provide financing for projects that are deemed high-risk, which is often missing in the current economic environment. This could be of benefit to SMEs, which investors tend to see as presenting higher risk than larger companies. , Innovative enterprises that prove high potential for growth, like startups and scale-ups, provide unique answers to today's challenging technological problems and have a great potential to create jobs and foster economic growth in regions. But these young enterprises are often not capable to provide sufficient collateral for raising capital or obtaining loans from commercial banks in order to invest in innovation & internationalisation. The launch of co-investment (EFSI) with business angels & Investment Funds has proven to be an efficient way to attract "new money" as well as expertise from the market, helping to fund thousands of innovative companies. Business angels bring capital, knowledge, experience and a network to start-ups and help them to scale-up. Co-investment schemes with business angels represent an added value for public authorities in comparison to grants because their leverage effect is higher. Co_investment schemes also represent an added value for angels, because they lower the risk and allow more investments to be made. They therefore represent a win-win situation for business angels, managing public authorities and the companies benefiting from these investments. and ..., For full project information visit INTERREG EUROPE website CIRCLES PROJECT INTERREG EUROPE WEBSITE...Click on the link
Ex-ante assessments help everyone involved to understand the investment needs in a specific area. Results from the ex-ante work will also confirm the role that financial instruments can play in achieving policy objectives for ESIF programmes.
ESIF financial instruments are an efficient way to invest in the growth and development of people and businesses across the EU.
InnovFin (http://www.eib.org/innovfin) makes a difference by offering financing tools and advisory services, covering the entire value chain of research and innovation in order to support investments from the smallest to the largest enterprise.