presentation workshop111208 ssg
DESCRIPTION
Kynning Sigurðar Gunnarssonar frá Nor-Tek teknologisenter á fjármögnum á vegum EUTRANSCRIPT
Financing Bankable ProjectsFinancing Bankable Projects
Co-financing from European Structural Funds (grants – non repayable)
Loans from European Investment Bank Guarantees or other support from European
Investment Fund (EIF) Private investors Financial engineering in the form of Public Private
Partnerships
Financing PossibilitesFinancing Possibilites
European Investment Bank– European Investment Fund
Jeremie
Nordic Investment Bank Private Banks Private Equity Funds Private Investors
European Investment BankEuropean Investment Bank
www.eib.org
European Investment BankEuropean Investment Bank Non-profit organization owned by the 27 EU members The EIB operates like a development bank, raising its
resources on the financial and capital markets, mainly through bond issues or other specialised capital market operations
European Investment BankEuropean Investment BankMission
EIB’s Mission is to further the objectives of the EU by making long-term finance available for sound investment.
European Investment BankEuropean Investment BankMission (continue)
EIB’s Mission is to further the objectives of the EU by making long-term finance available for sound investment.
EIB is at the service of the Union EIB provides service and value-added
– Through appraisal and follow-up of investment projects and programmes
Project must be economic, technical, environmental, and financial viable
– Through financing
European Investment BankEuropean Investment BankMission (continue) EIB offers first-class terms and conditions EIB works in partnership with others
– Its policies are established in close coordination with the Member States and the other EU Institutions.
EIB attracts qualified and multi-lingual staff from all the Member States
European Investment BankEuropean Investment BankSupports EU objectives Stimulating investment by SMEs Cohesion and convergence Global warming Environmental protection and sustainable communities Sustainable, competitive and secure energy The knowledge economy Trans-European networks
European Investment BankEuropean Investment BankEIB offers five main services Loans Technical Assistance Guarantees Venture Capital Microfinance
European Investment BankEuropean Investment BankEIB offers five main services (1)
1. Loans to both public and private programmes and projects - Clients are SME, LE, municipalities – Project >25 million EUR– EIB finances a maximum of 50% of the total cost
European Investment BankEuropean Investment BankEIB offers five main services (1)
1. Loans to both public and private programmes and projects - Clients are SME, LE, municipalities
Date Project Country Segment07/12/2011 Kliniken Region Hannover Germany Health, Education07/12/2011 Porto di Genova Italy Transport07/12/2011 ONE - Réseaux Électriques III Morocco Energy07/12/2011 R6 – Jenisov – Kamenny Dvur Section Czech Republic Transport07/12/2011 RBI MIDCAP and SME GL II Austria Credit lines07/12/2011 Mariscina County Waste Management, Croatia Croatia Water, sewerage, solid waste07/12/2011 Aquafin Waste Water Treatment VIII Belgium Water, sewerage, solid waste07/12/2011 MVV Netzwerke Germany Energy
European Investment BankEuropean Investment BankEIB offers five main services (1)
1. Loans to both public and private programmes and projects - Clients are SME, LE, municipalities
Iceland
European Investment BankEuropean Investment BankEIB offers five main services (2)
2. Technical Assistance– enhance project quality and success rate– increase the efficiency and success rate– complement other financial products
European Investment BankEuropean Investment BankEIB offers five main services (3)
3. Guarantees– Higher value-added– Lower capital charges - EIB guarantees provide a zero risk – Weighting to the guaranteed obligation
4. Microfinance – Indirectly through professional and socially-committed microfinance intermediaries
European Investment BankEuropean Investment BankEIB offers five main services (4)
5. Venture Capital – Indirectly through intermediary– Venture capital funds– Security packages for such funds– Conditional and subordinated loans
Goes through the European Investment Fund
www.eif.org
European Investment FundEuropean Investment Fund
European Investment FundEuropean Investment FundIntermediated loans Lines of credit or indirect loans designed to permit the financing of
projects with a total investment cost of less than EUR 25 million An EIB credit line may finance up to 50% of the total cost of any
project or, in certain case, the 100% of the loan granted by the intermediary bank.
Lending decisions under these schemes remain with the financial intermediaries.
Goes through the European Investment Fund
www.eif.org
European Investment FundEuropean Investment Fund
EIB Group's specialist provider of small and medium-sized enterprises (SME) risk finance across Europe
EIF is owned by the European Investment Bank Indirect financing to SMEs through a wide range
of financial institutions, banks and venture capital funds involved in SMEs funding
European Investment FundEuropean Investment Fund
Equity Products Invest in venture capital and growth funds,
mezzanine funds that support SMEs Covers technology transfer and business
incubators Technology Transfer Venture Capital, Lower, mid-market funds,
Mezzanine funds
European Investment FundEuropean Investment Fund
Debt Products Loan to financial intermediaries, such as banks,
mutual guarantee funds, leasing companies and special purpose vehicles providing funding to beneficiary SMEs.
Portfolio Guarantees & Credit enhancement Microfinance
European Investment FundEuropean Investment Fund
JEREMIE stands for Joint European Resources for Micro to Medium Enterprises.
It is a joint initiative of the European Commission with EIF and European Investment Bank (EIB) to promote SME access to finance and financial engineering products in regions.
European Investment FundEuropean Investment Fund
The JEREMIE Holding Fund can provide to selected financial intermediaries SME-focused financial instruments including– Guarantees, co-guarantees and counter-guarantees,
equity guarantees – (micro) loans – Export‑credit insurance– Securitisation– Venture capital, Business Angel Matching Funds and
investments in Technology Transfer funds.
European Investment FundEuropean Investment Fund
The JEREMIE initiative allows, national and regional authorities can opt to deploy money made available by the European Regional Development Fund (ERDF) in the form of market-driven financial instruments
Nordic Investment BankNordic Investment Bank
www.nib.int
Nordic Investment BankNordic Investment BankMissionThe Nordic Investment Bank promotes sustainable growth of its member countries by providing long-term complementary financing, based on sound banking principles, to projects that strengthen competitiveness and enhance the environment.
Nordic Investment BankNordic Investment Bank
NIB lends to Large energy projects Investments in infrastructure such as transport Large investments by the corporate sector such as
in the improvement of manufacturing processes and in research and development
Financing through intermediaries for the operations of small and medium-sized enterprises.
Nordic Investment BankNordic Investment BankDate Country Customer01-Dec-11 Sweden Gävle kommun04-Nov-11 International Inter-American Investment Corporation19-Oct-11 Norway Statnett SF17-Oct-11 Norway Avinor AS13-Oct-11 Norway Sparebanken Vest AS06-Oct-11 Lithuania City of Vilnius20-Sep-11 Denmark DONG Energy A/S20-Sep-11 Norway Akershus Energi AS06-Sep-11 Finland Cargotec Corporation30-Aug-11 India YES Bank Limited
16-Mar-11 Iceland Landsvirkjun
Private BanksPrivate Banks
Domestic banks Landsbankinn Íslandsbanki Arionbanki Others
Can act as facilitors to gather private investors and perhaps act as an intermediary.
Private BanksPrivate Banks
Foreign banks Focus on banks that specilize in resources,
tourism, renewable energy, education, research, etc.
Private Equity FundsPrivate Equity Funds
Usually specilized.
Thule Investment Auður
Private Equity FundsPrivate Equity Funds
The End
Contact Info r mation Sigurdur Sævar Gunnarsson +354 6966873 +47 48176073 Skype siggi.gunnarsson [email protected]