Financial instruments in Interreg: Wishful thinking or reality?
Even though Regulations do not restrict providing support to beneficiaries only in the form of grants, they have been a main delivery tool in the EU Cohesion Policy for 30 years.
In the 2000-2006 programming period, financial instruments (FIs) were introduced in the EC’s centrally managed policies. In the 2014-2020 programming period, around 6% of the ESIF budget is estimated to be delivered through financial instruments.
Financial instruments are not made to replace grants. They can be used in combination with grants to support revenue-generating and cost-saving projects and are to attract additional public and private resources.
Objectives
During this online session, you will learn more about the nature of financial instruments, how they work and what benefits as compared to grants they bring. You will learn about what is foreseen in the field of financial instruments in the post2020 (rules and provisions for combinations with grants). Last but not least, you will learn about practical recommendations on what it takes to set up an Interreg financial instrument, where to start and what to account for, as well as you will get to know some examples of the FIs from the mainstream programmes.
Target group
Managing authorities and joint secretariat of Interreg, ENI and IPA-CBC programmes.
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Timing
Start at: 18 November 2020 09:45
End at: 18 November 2020 12:45
End at: 18 November 2020 12:45
* All times as per central Europe (CET/CEST)
Location
Online
Registration
Timing
Start at: 18 November 2020 09:45
End at: 18 November 2020 12:45
End at: 18 November 2020 12:45
* All times as per central Europe (CET/CEST)
Location
Online