What we do
Institutional investors
Equity products
AI Co-Investment Facility
Cleantech Co-Investment Facility
Impact investing at the EIF
Climate & Infrastructure Funds
Technology Transfer
European Angels Fund (EAF) - Co-investments with Business Angels
Venture capital
The Social Impact Accelerator (SIA)
Lower mid-market
Mezzanine Facility for Growth
EFSI Equity instrument
Single EU Equity Financial Instrument
COSME - Equity Facility for Growth
InnovFin Equity
Private equity secondary market transactions
EIF-NPI Equity Platform
ESCALAR Programme
Debt products
New ESIF ERDF Guarantee Fund initiative in Greece
EFSI Private Credit Programme
AGRI Guarantee Facility
AGRI Italy Platform Uncapped Guarantee Instrument
Credit enhancement
Cultural and Creative Sectors Guarantee Facility (CCS GF)
ENSI - Securitisation Initiative
Erasmus+ Master Loan Guarantee Facility
Skills & Education Guarantee Pilot
EREM debt products
Single EU Debt Financial Instrument
Documentary Finance Facility – Bulgaria
The SME Initiative
The SME Initiative Bulgaria
The SME Initiative Finland
The SME Initiative Italy
The SME Initiative Malta
The SME Initiative Romania
The SME Initiative Spain
Inclusive finance
EaSI Financial Instruments
EaSI Capacity Building Investments Window
EaSI Guarantee Instrument
EaSI Funded Instrument
European Progress Microfinance Facility
Entrepreneurs supported through Progress Microfinance
European Fund for Strategic Investments (EFSI)
How does EIF contribute to EFSI
How to apply for EFSI financing
Regional Development - Country and sector-specific initiatives
Normandie Garantie Agri
FAIRE - La Réunion
Auvergne Rhône-Alpes FEADER
Recovery Equity Fund of Funds of Bulgaria
Fons d’Inversió en Tecnologia Avançada (FITA) Catalonia
Dutch Future Fund (DFF)
Dutch Alternative Credit Instrument (DACI)
PORTUGAL BLUE: a new initiative for blue economy investments
JEREMIE Greece Reflows – Business Angels’ Co-Investment Equity Instrument
German Corona Matching Facility (CMF)
Portugal Growth programme
Central and Eastern European Technology Transfer (CEETT)
Croatian Growth Investment Programme (CROGIP) II
Croatian Growth Investment Programme (CROGIP)
Croatian Venture Capital Initiative 2 (CVCi 2)
AGRI Italy Platform Uncapped Guarantee Instrument
ALTER’NA – ESIF EARFD Nouvelle-Aquitaine
Baltic Innovation Fund 1 (BIF 1)
Baltic Innovation Fund 2 (BIF 2)
Central Europe Fund of Funds (CEFoF)
Croatian Venture Capital Initiative (CVCi FoF)
Competitiveness Fund-of-Funds for SMEs in Romania
The Cyprus Entrepreneurship Fund (CYPEF)
Deep and Comprehensive Free Trade Area Initiative East Guarantee Facility (DCFTA)
EU4Business Capped Guarantee
Dutch Growth Co-Investment Programme
Dutch Venture Initiative (DVI-II)
ESIF Fund-of-Funds Greece
EAFRD FoF Portugal
EAFRD FoF Romania
The ERP-EIF Facility
ERP-EIF Co-Investment Growth Facility
The LfA-EIF Facilities
The German Future Fund (GFF) - EIF Growth Facility
INAF – French National Agricultural Initiative
ESIF Energy Efficiency and Renewable Energy Malta
Regional Fund-of-Funds Romania
ESIF Fund-of-Funds Czech Republic
The Silesia EIF Fund of Funds
La Financière Région Réunion
The EIB Group Risk Enhancement Mandate (EREM)
Call for Expression of Interest for FOSTER II
Greater Anatolia Guarantee Facility (GAGF)
G43 - Anatolian Venture Capital Fund Project
InvestBG Equity Instrument
Romania Recovery Equity Fund of Funds
JEREMIE Romania Reflows – Equity Instrument
Luxembourg Future Fund 1 (LFF)
Luxembourg Future Fund 2
Mezzanine 'Fund of Fund' for Germany (MDD)
NEOTEC resources
Polish Growth Fund of Funds (PGFF)
Portugal Venture Capital Initiative (PVCi)
Scottish-European Growth Co-Investment Programme
Slovene Equity Growth Investment Programme (SEGIP)
Swedish Venture Initiative (SVI)
Turkish Growth and Innovation Fund (TGIF)
Western Balkans Enterprise Development & Innovation Facility (WB EDIF)
EAFRD FoF Greece
Irish Innovation Seed Fund (IISF)
RRF Czech Republic Fund of Funds

EIF-NPI Equity Platform

Partnering with national and regional promotional institutions active across the EU Member States to promote best practices in policy-driven equity investments and to enhance access to funding for SMEs and midcaps and relevant projects.


The EIF-NPI Equity Platform is a collaborative initiative launched by the EIF in 2016. It promotes knowledge sharing and best practices between the EIF and national promotional institutions (NPIs) across EU Member States and includes the European Commission. Its goal is to enhance access to funding for relevant projects, SMEs, and midcaps, support the defragmentation of equity markets, and match national, EU, and private sources of funding.

This initiative was established in the context of the Investment Plan for Europe, responding to priorities set by EU stakeholders and NPIs. Since then, it has guided the EIF and NPIs in implementing equity investment activity and  is continuing its work during the InvestEU period. The EIF shares the objectives of NPIs with respect to supporting a well-functioning European venture capital and private equity ecosystem.

NPI members actively participate in a multilateral General Forum dedicated to defining strategic opportunities and facilitating enhanced collaboration among NPIs as well as the EIF. The General Forum currently consists of 49 members  from 29 European countries (including the EIF and the European Commission). NPIs interested in becoming members of the General Forum can apply at any time by following the instructions under "How to apply". 


The General Forum elects some of its members to serve in a Consultative Forum that focuses on specific topics related to operational and investment cooperation. Some of the main topics covered in recent years include:

  • Set-ups, practices, and instruments which could encourage greater cross-border investment cooperation across NPI reference markets
  • Insights on fund manager remuneration practices and evolution of industry trends
  • Strategies to promote investment collaboration in relation to key EU priorities, including climate  action and environmental sustainability and gender smart investing

Who is eligible to become a member of the EIF-NPI Equity Platform General Forum?

The initiative is targeting national promotional institutions (NPIs) or banks (NPBs) active in the EU Member States. Interested institutions which are eligible as per the definition set out in the Charter (below) can apply for membership in the EIF-NPI Equity Platform General Forum. Membership is governed by a Charter, and the workings of the General Forum are governed by established rules of procedure.

How to apply for membership to the EIF-NPI Equity Platform General Forum

If you are interested in becoming a member, please refer to the Charter, which sets out the eligibility for NPI Members and Aligned Members in more detail, and submit the relevant Application Form to NPIEquityPlatform(at)eif.org
  1. Charter Executed by Founding Members
  2. Application Form for NPI Members
  3. Application Form for Aligned Members

Data Protection: 
Any personal data processed in the context of the EIF-NPI Equity Platform is processed by the EIF in compliance with its data protection statement.

For risk capital funds targeting SMEs and small mid-caps:
Find details on how to submit your investment proposal to EIF’s Equity Investment department. 

For SMEs and small mid-caps:
If you are looking for finance, please address to EIF's financial intermediaries directly. Please note that final funding approval lies solely with the financial intermediary. For more information please visit EIF­_for SMEs

What are NPIs or NPBs?

"National Promotional Banks or Institutions’ means legal entities carrying out financial activities on a professional basis which are given a mandate by a Member State or a Member State's entity at central, regional or local level, to carry out development or promotional activities” as per Article 2(20) of Regulation (EU) 2021/523 of the European Parliament and of the Council of 24 March 2021

Note: Following the recent withdrawal of the United Kingdom from the European Union, we are updating the relevant EIF.org pages.


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