Call for expression of interest
Date: 18/02/2009The EIF is a specialised EU institution dedicated to improving the provision of finance to SMEs across Europe. It is partly owned by the European Investment Bank (64%), the European Commission (27%) and a growing number of public and private entities (9%). Across a period of 15 years, the EIF has developed specialist competence in working with Financial Intermediaries (FIs) such as banks and VC fund management companies, to support and enable greater provision of finance to SMEs than the private market can do alone.
The Ministries of Finance and Economy of the Republic of Lithuania have contracted the EIF, to benefit from its expertise and experience, to implement the JEREMIE initiative in the Republic of Lithuania, acting as JEREMIE Holding Fund (JHF).
Acting through the JHF, EIF will select, though this Call for Expressions of Interest (Call for EoI), appropriately qualified financial intermediaries (FI) which will receive commitments from a total allocation of indicatively EUR million:
|
Financial Instrument |
Indicative capital allocation (millions EUR) |
|
Risk Capital Fund |
23.2 |
|
Business Angels Co-investment Fund (pilot scheme) |
5.8 |
The Expressions of Interest shall be submitted on or before the Deadline both by (i) e-mail and (ii) registered mail or professional courier service.
The Deadline for the submission of Expressions of Interest is the 19th of March, 2009.
The Expressions of Interest shall indicate the reference number of the Call (No. JER-004/1) and the name of the Applicant and shall be sent to the following address:
Postal Address:
European Investment Fund
Attention: Regional Business Development Unit
96 Boulevard Konrad Adenauer
L-2968 Luxembourg
LUXEMBOURG
The outer envelope (package) shall indicate the following:
"Expression of Interest - Not to be opened by the reception - to be passed without opening to Regional Business Development Unit".
No later than 10 Business Days before the Deadline, the Applicants may request clarifications regarding the Call for Expression of Interest or the nature of the Financial Instruments. Such requests must indicate the Call for Expression of Interest reference number and the name of the Applicant and shall be submitted in English via email to:
E-mail Address:
Attention: Regional Business Development Unit
info.rbd@eif.org
*To see full text of Call for Expression of Interest as well as access the annexes, please see the following link

