& Events

€100 million for microfinance and social enterprises

Jan 23, 2018 | News

(23 January 2018) – The EU’s financing programme for Employment and Social Innovation (EaSI) will receive an additional €100 million for its Guarantee scheme from the European Fund for Strategic Investments (EFSI), the core of the Investment Plan for Europe.

© European Commission

The financial support comes on top of the original EaSI Guarantee instrument worth €96 million, for a combined overall investment of €196 million.

In order to continue to highlight the need for investment in social infrastructure, a High-Level Task Force on “Investing in social infrastructure in Europe” was set up in January 2017 on the initiative of the European Association of Long Term Investors.

More information