The main focus of this fi-compass event will be on the role of social financial intermediaries (SFI) in the set-up of national or regional level financial instruments products with the European Social Fund (ESF) such as loans, guarantees, equity or quasi-equity. The opportunities of such instruments, as well as SFI’s most common practical challenges in implementing them will be in the spotlight of this event.
Furthermore, the event will present how the European Fund for Strategic Investments (EFSI) may support social projects, including in combination with the ESF. Also microfinance will be discussed as under the ESF it is one of the relevant areas in which SFI may add value.
Practical examples from Member States will illustrate the thematic objectives and areas in which financial instruments under the ESF are more effective, fostering collaboration among SFI, managing authorities, and other stakeholders to increase the take-up of ESF financial instruments and to improve the effectiveness of existing ones.