JEREMIE - Joint European Resources for Micro to Medium Enterprises

Launched during the 2007-2013 programming period, JEREMIE is a joint initiative developed by the European Commission (Directorate-General for Regional and Urban Policy) in co-operation with the European Investment Bank Group and other financial institutions to enhance cohesion across the EU. The JEREMIE instrument was set up to deploy part of the structural funds through regional and national Managing Authorities in new risk finance initiatives for SMEs. In this regard, JEREMIE is a predecessor to the current ESIF-backed programmes managed by EIF under the new 2014-2020 programming period. 

JEREMIE offered EU Member States, through their national or regional Managing Authorities, the opportunity to use part of their EU Structural Funds to finance SMEs in a more efficient and sustainable way.  JEREMIE's financial resources have been deployed through selected financial intermediaries across the EU, which have provided loans, equity and guarantees to SMEs. 

At the end of 2015, EIF managed 13 JEREMIE holding funds for a total of EUR 1.1bn, involving 50 financial intermediaries and resulting in 84 transactions. In the course of 2015, additional commitments were made to the holding funds in Romania (EUR 75m) and Slovakia (EUR 40m) with the implementation period of the financial instruments being extended into 2016. Furthermore, given the revolving nature of financial instruments, several Member States and regions have entrusted the management of reflows from initial JEREMIE investments to EIF. Accordingly, EIF will redeploy these legacy funds in the respective markets through existing and new financial instruments targeting the support of SME access to finance. 

The entrepreneurs  below benefited from JEREMIE support which allowed EIF financial intermediaries to give them the necessary kick-start to launch or expand their businesses and carry out their ambitions.

Click on the pictures to read some stories. Do you want to know more? Read further stories of entrepreneurs supported by JEREMIE

Brolis - JEREMIE story - Lithuania
Brolis Semiconductors, Lithuania

The world could hardly function nowadays without semiconductors. They have a wealth of unexpected applications in everyday life: microwaves, radios, computers, televisions, CD players, air conditioners, cars, security devices, medical appliances and even the humble pocket calculator all work thanks to semi-conductors. They are the chosen field of expertise of “Brolis Semiconductors”.

Intale - JEREMIE story
Intale, Greece

Have you ever thought of walking by your neighbourhood mini-market or kiosk and receiving a promotional discount of, let’s say, 20% for your favourite bar of chocolate? Intale, a retail management software company is currently changing the way in which small shop owners, retail consumer brands and shoppers do
business in the small retail market, not only in Greece but also across Europe.

For SMEs:
If you are an entrepreneur and are looking for finance supported by the European Union,  please visit

For more information please refer to DG REGIO:


Copyright ©

 European Investment Fund 2016 – The European Investment Fund is not responsible for the content of external internet sites.