On Thursday 28 May 2015, the European Council, the European Parliament and the European Commission reached an agreement on the EFSI investment programme. The EFSI was created to stimulate structural economic growth through targeted investments in infrastructure, research, sustainability and SMEs. Funding takes the form of loans. On 25 June 2015, the European Parliament voted on the entire Juncker plan and the EFSI will be officially launched in September 2015. The EFSI is managed by the European Investment Bank (EIB). The agreement included the transfer of EUR 2.2 billion from Horizon 2020 to EFSI, despite lobbying by various European higher education organisations, including THE UNSV. This reduction covers the entire programme, with the exception of the ERC, Marie Sklodowska-Curie and La Spreading Excellence – Widening Participation. The management of the EFSI is based on an agreement between the European Commission and the EIB. In spring 2017, the EP and the EIB signed an agreement under regulation (EU) 2015/1017 (Article 17). It concerns the modalities for the exchange of information between the EP and the EIB, including the selection process for the Executive Director of the EFSI and the Deputy Executive Director of the EFSI. This EIB page lets you know how to apply for EFSI funding, whether you are a private or public organization, a financial institution, a fund, a platform or an SME.
The EFSI represents the European Strategic Investment Fund. This European Commission investment fund was created by President Jean-Claude Juncker. As a result, the Fund is also called the Juncker Fund. The EIB itself does not expect EFSI to be important for basic research. This is also why these H2020 positions were excluded from the reduction. However, there are opportunities to bring the results of the research to market. For example, EFSI can help create spin-offs and start-ups from research, often facing a financial “valley of death.” The EU guarantee must not exceed 16 billion euros. Our site uses anonymized login cookies to provide the best browsing experience and collect aggregated statistical data. Cookies for online advertising purposes are not affected.
From poverty to prosperity: the EIB`s impact on development The EFSI is a guarantee for the EU budget, which provides the EIB Group with protection from the first losses. This means that the EIB Group is able to finance projects at higher risk than they would normally be. An independent investment committee uses strict criteria to decide whether a project is eligible for EFSI funding. There are no quotas by sector or country. Funding is purely demand-driven. Join the bank that invests in what really matters! At the request of the EP, the chairman of the EFSI steering committee and the executive director should report to the EP on the performance of the EFSI. This may include participation in hearings before the European Parliament, the publication of reports and answering questions. . The page you want to see is unfortunately nowhere to be found. This page may have been deleted or renamed or temporarily unavailable. At least 40% of EFSI`s infrastructure and innovation projects are expected to contribute to the fight against climate change, in accordance with the Paris Agreement.