New H2020 debt instruments WHAT?

1
New H2020 debt instrumentsWHAT?

• InnovFin Large Projects (ex-RSFF classique)
• loans from 7.5 mn to 300 mn delivered directly
  by EIB
• InnovFin MidCap Growth Finance (new focus on
  mid-sized firms)
• loans from 7.5 mn to 25 mn delivered directly
  by EIB
• InnovFin MidCap Guarantee (ditto)
• guarantees to financial intermediaries (banks,
  etc)
• loans from 7.5 mn to 50 mn implemented by EIB
• InnovFin SME Guarantee (ex-RSI pilot)
• guarantees / counter-guarantees to financial
  intermediaries
• loans from 25 000 to 7.5 mn implemented by EIF
• InnovFin Advisory (follow-on from pilot under
  RSFF SC focus)
• improve 'bankability' of large projects

2
New H2020 debt instrumentsWHEN?

• InnovFin Large Projects (ex-RSFF classique)
• open for business (approach EIB directly)
• InnovFin MidCap Growth Finance (new focus on
  mid-sized firms)
• open for business (approach EIB directly)
• InnovFin MidCap Guarantee (ditto)
• call for expressions of interest by financial
  intermediaries
• to be issued by EIB
• InnovFin SME Guarantee (ex-RSI pilot)
• call for expressions of interest by financial
  intermediaries
• to be issued by EIF

3
New H2020 financial instrumentsNEXT?

• IN THE CURRENT WORK-PROGRAMME 2014/2015 roll-out
• SME Initiative (joint guarantee instruments)
  (debt facility)
• Early-stage equity successor to GIF-1 under CIP
• Business Angels ICT Co-Investment Pilot (equity
  facility)
• Technology Transfer Financing Facility Pilot
  (ditto)
• UNDER DEVELOPMENT
• Crowdfunding co-investment / guarantee pilot

4
New H2020 financial instrumentsBRANDING