Background and Aim
Under the ‘Industrial Leadership‘ pillar of Horizon 2020, the Access to Risk Finance will help companies and other types of organization engaged in research and innovation (R&I) to gain easier access, via financial instruments, to loans, guarantees, counter-guarantees and hybrid, mezzanine and equity finance. Moreover similar financial tools will be implemented under COSME and European Structural and Investment Funds.
InnovFin – EU Finance for Innovators is the name under which the EU promotes a range of debt and equity products and advisory services in order to effectively give a boost to the availability of finance for research and innovation activities in Europe.
InnovFin – EU Finance for Innovators consists of a range of tailored products – from guarantees for intermediaries that lend to SMEs to direct loans to enterprises – helping support the smallest to the largest R&I projects in the EU and countries associated to Horizon 2020, the new EU research programme for 2014-20. InnovFin builds on the success of the Risk-Sharing Finance Facility, developed under the seventh EU framework programme for research and technological development (FP7), which helped provide over €11 billion of finance to 114 R&I projects worth more than €30 billion.
The Access to risk finance is a political answer to the macroeconomic situation and it will explore ways to boost growth, jobs and competitiveness through innovation, including the Investment Plan for the EU.
This workshop will facilitate a view exchange among several stakeholders in order to better define:
- how the financial instruments, facilities and accompanying measures launched under Horizon 2020 can enhance access to finance for research, innovation and SMEs;
- how the interactions between these financial instruments, COSMEs and European Structural & Investment Funds (ESIF), as well as with instruments at national and local levels.
The European Investment Bank (EIB) and the European Investment Fund (EIF) as well as the European Regions will play an important role, as entrusted entities, in implementing each financial instrument facility on behalf of and in partnership with the European Commission.
Access to risk finance National Contact Points, which identified potential obstacles at the European, national and regional level in strengthening dialogue with actors from financial world.
Participants should analyse and discuss the topic with their national key stakeholders (banks and private investor from one hand, industry, SMEs and potential beneficiaries on the other hand) prior the workshop to be able describe in detail their national landscape.
The final remarks will serve to provide inputs and recommendations to enhance the engagement of NCPs in the “access to finance” process and the dialogue with the relevant actors.
Please confirm your participation at following link before May 29th: http://www.apre.it/eventi/2016/i-semestre/ncp-academy-meet-exchange-workshop-on-access-to-risk-finance/
Fee: No participation fee. Flight and accommodation need to be covered by participants themselves.
Max. number of participants: 40 NCPs (priority will be given to Access to risk finance NCPs)
Agenda: Please find a detailed agenda within the download section on the left hand side.