1. European Education, Training and Youth Forum Workshop 8 Innovative Investment in education and training
Paolo Battaglia and Laia Pinós
European Commission, Directorate-General Education and Culture
Unit A1 – Europe 2020, Investment Plan, Education and training 2020

2. Investment Plan for Europe: 3 pillars
1. MOBILISING FINANCE FOR INVESTMENT
2. MAKING FINANCE REACH THE REAL ECONOMY
Boost strategic investment and access to finance for SMEs and mid-cap companies via the European Fund for Strategic Investment (EFSI) – EIB/EIF
Cooperation with National Promotional Banks and the EIB
Investment Project Portal
European Investment Advisory Hub: technical assistance
3. IMPROVED INVESTMENT ENVIRONMENT
Predictability and quality of regulation
Removing non-financial, regulatory barriers in key sectors within EU Single Market
Structural reforms at national level

3. Investment Plan for Europe (EFSI)
EUR 315 bn Total Investment

4. EFSI : eligible sectors
Research, development and innovation
Energy (ref. Energy Union priorities)
Transport infrastructure
Information and Communication Technologies
Environment and resource efficiency
Human capital, culture and health
Support to SMEs and mid-cap companies

5. What types of projects are eligible for financing?
Focus on investments in real economy
Consistency with EU policies
Leverage / crowd-in private sector and third parties
Economic and technical viability
Additionality vs existing instruments
Higher risk-taking than EIB normal activity in EFSI timeframe

6. EFSI Project Cycle
Project promoters present proposal to EIB/EIF directly

7. Investment Plan for Europe (other)
Advisory Hub:
Single entry point for project promoters
Provide technical assistance to develop projects, structure their financing
Additional to existing facilities (Jaspers, InnovFin)
Portal:
Exchange of information promoters / financers
Feed into the EFSI pipeline, but look at broader financing opportunities