Information note to the Financial Intermediaries - ref. : Call for Expression of Interest JER-014/1 - JEREMIE Holding Fund (launched on 2/3/2012 and closed on 26/4/2012).
Increase of the Maximum Industry Concentration into an Eligible SME for the First Loss Portfolio Guarantee Financial Instrument transactions
Please note that the European Investment Fund (EIF) has changed the Maximum Industry Concentration into an Eligible SME from 20%, as initially set in the Call, to 30%. This product feature was neither a selection nor evaluation criteria with an impact on the Financial Intermediaries selection result.
Should you decide that you would like to participate in the Financial Instrument due to the above mentioned change, please inform EIF by no later than 11/09/2012; in the event you had decided not to apply earlier, this requires a justification of why the increase of the Maximum Industry Concentration to 30% would have changed your strategy making you submitting the Expression of Interest for the Call to implement the First Loss Portfolio Guarantee Financial Instrument in PACA (“Call”).
The letter shall indicate the reference number of the Call (No. JER-014/1). It should be signed by the duly authorized person(s) and sent to the following addresses (both):
European Investment Fund
Attention: Regional Business Development Unit
96 Boulevard Konrad Adenauer
Attention: Regional Business Development Unit firstname.lastname@example.org