Subject Area: Cohesion policy
Type: Evaluation
Client: European Commission;
DG Regional Policy
Time Period: 09/2014–12/2015

Financial Instruments for enterprise support – Ex-post Evaluation of ERDF 2007–2013

In many cases financial instruments (loans, guarantees, venture capital, equity and other products) have replaced grants. This evaluation examines how these instruments are employed in the ERDF funded programmes in the time period from 2007 until 2013 and in what way they were managed. The main focus of the evaluation concerns the question of results, for example, how much private equity they could activate, how cost efficient they were (comparisons were also made amongst each other) and whether there has been an improvement in the use of such instruments. The analysis includes evaluations from the following countries: BE, CZ, DE, ES, FR, HU, IT, PL, PT and the UK.

In a consortium with t33 and EPRC.

Link to the final report