The EaSI Capacity Building Investments Window is funded by the Employment and Social Innovation Programme. The objective of this instrument is to build up the institutional capacity of selected financial intermediaries that have not yet reached sustainability or are in need of risk capital to sustain their growth and development. An indicative amount of EUR 16m has been earmarked within the EaSI Programme for this initiative.
EIF does not provide any type of finance to micro-entrepreneurs or social enterprises directly. Through this window, EIF will invest in financial intermediaries operating in the microfinance and social entrepreneurship space, which are selected after an application submitted under a call for expression of interest followed by a due diligence process. Once selected by the EIF, these partners act as EaSI financial intermediaries.
Through the EaSI Capacity Building Investments Window EIF will help build up the market primarily via investments that can be used, for instance, for:
At the date of publication of the call for expression of interest, the countries covered by the EaSI Programme comprise EU Member States, Albania, FYROM, Iceland, Montenegro, Serbia, Turkey, and may include other associated countries having entered into relevant agreements with the European Union. Additional eligible EFTA, Candidate and Potential Candidate countries may be added to the participating countries.
How to apply for the EaSI Capacity Building Investments Window
For financial institutions:
If you are eligible, you can apply by downloading all the application documents published here below by 30 September 2023. EIF will select intermediaries after a due diligence process.http://europa.eu/youreurope/business/funding-grants/access-to-finance/