LISBON STUDY VISIT Francisco Nunes, Manager, FEI Division, MA COMPETE (FIN-EN Partner nr. 12) Lisbon, September 26 th, 2013 Website: www.fin-en.eu E-mail:

Slides:



Advertisements
Similar presentations
SME Invest Credit Lines Description and Results Jeremie Networking Platform Workshop II – Combination of repayable FEI with subsidies Brussels, 20 May.
Advertisements

The European Investment Fund & Technology Transfer
Cyprus Project Management Society
Innovation and Research in Business, including knowledge transfer in Portugal Nuno Vitorino Mateus May 19, 2012.
Regional Policy Common Indicators: Innovation and Productive Investment Definitions and Discussion Brussels, 22 nd November
S3 Project aim The main goal, thus expected result, of the S3 project would be to strengthen tools used for Structural Fund policies (SF), through the.
Massimiliano Di Pace1 EU TRADE POLICY Eu provides also initiatives, financing and services to support Eu companies’ efforts for internationalisation The.
European Union | European Regional Development Fund Zooming in Interreg Europe Nicolas Singer | Senior Project Officer Interreg Europe Secretariat 24 April.
Supporting SMEs’ access to finance Vilmos Budavari European Commission, DG Enteprise und Industry.
FOSTERING SMEs AND ENTREPRENEURSHIP FINANCING AFTER THE CRISIS FOSTERING SMEs AND ENTREPRENEURSHIP FINANCING AFTER THE CRISIS Confindustria - OECD – MiSE.
HORIZON 2020 Budget and financial instruments Dr. E. Kakaras Prof. NTUA.
EUROPEAN REGIONAL DEVELOPMENT FUND GreenInfraNet/Smart Europe final conference, 4 November 2014, Almere EU Interregional Cooperation State of play and.
1 An Asian Investment Fund: What it will do and Why needed? Yung Chul Park Research Professor And Director Center for International Commerce and Finance.
LOGO Foundation for Assistance to Small Innovative Enterprises (FASIE) 2014 State Activities to Support Innovations in Russia.
Financing Growth and Cohesion in the enlarged EU 24 November 2005 Financing urban actions and sustainable communities Financing urban actions and sustainable.
Financial Engineering – a tool for the implementation of the EUSBSR Sheila Maxwell INTERACT External Expert.
Is a Financial Institution controlled by the Italian Ministry for Economic Development, participated by leading Italian Banks and Confindustria – the.
Riga – Latvia, 4 & 5 December 2006
Prague, Operational Programmes aimed at innovation in the new EU Member States, and the implementation of Lisbon Agenda Dr. Csaba Novák Director.
1 FINOVA – Support Fund to Finance Innovation FIN-EN -Sharing Methodologies on Financial Engineering for Enterprises Lisbon Meeting, 26 September 2013.
SMEs Global scenario and opportunities Maciej Otulak SME Access to Finance Brussels 28 th November 2013 Access to finance for.
Mario Cucchi and Guido Borsani Funding regional projects through financial engineering in Lombardy, Italy 7 th Monitoring Committee Meeting Thessaloniki,
Supporting entrpreneurs and innovators in Finland Timo Kekkonen Director, Confederation of Finnish Industries, EK.
INTERREG IVC 1 EUROPEAN INTERREGIONAL COOPERATION 2007/13 Interreg IVC General overview 21 March 2007.
BŁAŻEJ MODER PRESIDENT LODZ REGIONAL DEVELOPMENT AGENCY LODZ, OCTOBER 8, 2008 THE EU SUPPORT FOR REGIONAL DEVELOPMENT.
Regional Policy EUROPEAN COMMISSION 1 Convent of Marshals Szczecin, June 2008 JEREMIE Financial engineering ROP’s Pascal Boijmans Unit Poland Directorate.
European Investment Fund Europe’s Leading Developer of Risk Financing for Entrepreneurship & Innovation This presentation was prepared by EIF. The information.
Investment Supply for SMEs Ana Marr and Charles Chiwara June 2011.
1 CIP Financial Instruments Leverage Effects European Commission Economic and Financial Affairs DG - Luxembourg, Unit L2 James Mc GING Head of Unit, ECFIN-L2.
Funding Structures some ideas for designing innovative funding instruments Brigitte Hatvan.
1 Portuguese Mutual Guarantee Scheme key issues Rural Credit Guarantee Schemes A Financial Instrument for Agriculture and Rural Development AVHGA – FAO.
Project “Development of Transnational Network for Supporting Children and Families and for Deinstitutionalization of Child Care” EUROPEAN SOCIAL FUND 2007.
EN Regional Policy EUROPEAN COMMISSION Innovation and the Structural Funds, Antwerp, 16 January 2007 Veronica Gaffey Innovative Actions Unit.
Forum on Sustainable Energy, Good Governance and Electricity Regulation The Need for an Effective Regulatory Regime: The Case for Increasing Clean Energy.
The Future of Transnational Cooperation in Central Europe ( ) Claudia Pamperl JTS INTERRREG IIIC East.
EU COHESION POLICY SUPPORTS THE SME S ACCESS TO FINANCE – ICF’S WAY.
EUROPEAN REGIONAL DEVELOPMENT FUND RECOMMEND Final Event, 11 September 2014, Varna EU Interregional Cooperation State of play and perspectives Jason Martinez.
WHAT IS JESSICA-1 ?  JESSICA stands for Joint European Support for Sustainable Investment in City Areas  JESSICA is an optional facility  JESSICA offers.
26/10/20151 European Investment Bank EIB Contribution to the EU Strategy for the Danube Region Ruse, 10 May 2010.
EUROPEAN REGIONAL DEVELOPMENT FUND Cogita Final Conference, 23 October 2014, Bologna EU Interregional Cooperation State of play and perspectives Elisa.
Introducing the European Investment Fund 1`````` ```````` ```````` `` Nitan Pathak September 2015.
1 JEREMIE: Joint European Resources for Micro to Medium Enterprises “Train the trainers” European Commission seminar for managing and certifying authorities.
Financing Services for Finnish Business Dr. Pauli Heikkilä, Managing Director, Finnvera plc.
European Investment Bank Jorge Diaz Fraga Universidad de Valencia Facultad de Economia.
Regional Policy EUROPEAN COMMISSION EN JEREMIE and economic development based on innovation in Poland? Manfred Beschel Directorate General for Regional.
Finance Cornwall Fund Mangers are regulated and authorised by the Financial Services Authority.
Meet the Investors Sheffield Hallam University Tuesday 4 th March 2008.
Venture Capital. Venture capital refers to organized private or institutional financing that can provide substantial amounts of capital mostly through.
European Investment Bank Group
Nuno Gonçalves Bratislava, 10 June 2008 The Portuguese Experience to Promote SME and Entrepreneurship Financing.
C. Financing a Small Business 4.00 Explain the fundamentals of financing a small business Discuss sources used in financing a small business.
Financial Engineering Instruments 5 December, 2012.
Maximising Opportunities for London Patricia Muotto Regeneration Manager, Structural Funds 00 Month 2004.
1 Information by the Managing Authority on EU funds evaluation Monitoring Committee meeting October 15, 2009.
AECM and the Different European Guarantee Models Berlin, 5 May 2006M. Sousa Branca.
Regional Consultation “Rethinking the Role of National Development Banks” Johannesburg, November 2006 EIB Support to Development Banks in Africa.
European Regional Development Fund EUROPEAN UNION Investing in your future Operational programme „Development of the competitiveness of the Bulgarian economy“
Access to Financing for SME Innovation in APEC 2008 INSME Annual Meeting Guangzhou (Canton), China July 2-4, 2008.
SME Financing to Promote Innovation in Korea Soon-Yeong Hong.
Website: Website: Manchester.
Regional Policy EUROPEAN COMMISSION JEREMIE, by George Kolivas REGIO-B.4 – Financial Engineering JEREMIE stands for : ‘Joint European REsources for MIcro.
IMPROVING ACCESS TO FINANCING FOR SMEs JEREMIE Initiative Evgeny Angelov – Deputy Minister Economy, Energy and Tourism.
1 2 nd Danube Financing Dialogue Financing Instruments to support SMEs Belgrade, 24 January 2013 Andreas Beikos Head of Office European Investment Bank.
Website: FIN-EN PROJECT Sharing Methodologies on Financial Engineering for Enterprises.
Penn State Economic Development Course
Funding a Start-up Venture
Digital Entrepreneurship: Focus on (Croatia)
JEREMIE SNAPSHOT: An Innovative instrument to support SMEs
Compete loans to Business Angels
indicators and data collection
Presentation transcript:

LISBON STUDY VISIT Francisco Nunes, Manager, FEI Division, MA COMPETE (FIN-EN Partner nr. 12) Lisbon, September 26 th, 2013 Website:

Website: Portugal economic and demographic main characteristics and indicators 3. Overview: COMPETE and FEI supported by the MA 2. Overview: FIN-EN Project Summary

Website: Portugal economic and demographic main characteristics and indicators

Website: BASIC DATA Source: AICEP (Portuguese Trade & Investment Agency) – Portugal Basic Data – June 2013

Website: ECONOMIC STRUCTURE Source: AICEP (Portuguese Trade & Investment Agency) – Portugal Basic Data – June 2013

Website: Overview: FIN-EN Project

Website: FIN-EN PROJECT INTERREG Project with the objective: sharing methodologies and intensifying cooperation between EU national and regional authorities, about the best practices, through EU funding, to support FEI for enterprises (without the intervention of EIF) FEI studied: risk capital, guarantees and loans Participants: 13 institutions - each representing a different EU Region and Member State From 01/01/2012 to 31/12/2014

Website: FIN-EN PROJECT WBS THEMATIC WORKING GROUPS TWG1 FEI Programming TWG3 FEI Monitoring/ Reporting TWG2 FEI Implementation Study Visits (to enhance knowledge sharing of some participants’ best practices) PortugalFranceGreece FEI Life Cycle Macro-Phases

Website: Overview: COMPETE and FEI supported by the MA

Website: COMPETE Function: Managing support instruments, financed by ERDF Core business areas: - FEI; - Incentives to private investment; - Incentives to public investment; - Incentives to R&D; - Incentives to collective actions. Aim: Convergence regions (North, Center and Alentejo)

Website: COMPETE – FEI DIVISION Primary Role: Management, during its life cycle, of FEI supported by MA COMPETE FPR – Finance and Risk Sharing Area of MA COMPETE Team Structure Top Management Franquelim Alves Piedade Valente Technical Experts Ricardo Banha Marta Simão Susana Marques Middle Management Francisco Nunes

4 VCF Early Stages 51 BA Societies VCF BA 2 VCF Corporate Venture Capital 10 VCF Innovation & Internationa- lization 3 VCF Pre-seed 3 VCF Expansion Website: “EQUITY TYPE” FEI SUPPORTED Implemented through Holding Fund

Website: “DEBT TYPE” FEI SUPPORTED Credit Lines “PME Investe” Credit Line “Investe QREN” Implemented without HF (separate block of finance) Implemented through Holding Fund

Website: FEI SUPPORT STRUCTURE ACTORS/INSTRUMENTS SAFPRI (FEI national regulation) Holding Fund (FINOVA) FCGM VCF COMPETE HF Manager (PME Investim.) SPGM ERDF InstrumentActor Funding BA Program Credit Lines VCF Managers BA Societies Banks Front-officeBack-officeMiddle-office Final recipients (SME’s)

Website: FEI SUPPORTED – KPI Only for the FEI component co-financed by MA COMPETE

Website: compete/financiamento-e-partilha-de-risco Francisco Nunes