Wednesday 26 October 2011

Europe can be good for you!

The European Commission has just published proposals to promote social investment.

Measures to improve the access to funding for social businesses such as:

• Setting up a European financial instrument of €90 million to improve social businesses' access to funding (operational from 2014).

• Introducing an investment priority for social enterprises in the regulations ERDF (European Regional Development Fund) and ESF (European Social Fund), as proposed in the regulatory package on the Structural Funds 2014-2020.


This provides a concrete focus in terms of capital allocation and timescales for the work of our task force over the next two years. Those who attended the launch event in Krakow will be aware that the EIF is finalising €30-50 million from the EIB that, together with match-funding, will be used to finance a pilot programme from 2012.

This is much welcome !

1 comment:

Anonymous said...

Hello Everybody,
My name is Mrs Sharon Sim. I live in Singapore and i am a happy woman today? and i told my self that any lender that rescue my family from our poor situation, i will refer any person that is looking for loan to him, he gave me happiness to me and my family, i was in need of a loan of $250,000.00 to start my life all over as i am a single mother with 3 kids I met this honest and GOD fearing man loan lender that help me with a loan of $250,000.00 SG. Dollar, he is a GOD fearing man, if you are in need of loan and you will pay back the loan please contact him tell him that is Mrs Sharon, that refer you to him. contact Dr Purva Pius,via email:( Thank you.