Juncker plan: CDP and EIF partner for the launch of a new equity platform

The European Commission Vice President Katainen: "National Promotion Institutions play a key role in the implementation of the Plan"

 

Luxembourg, 29 September 2016

CDP Group joined the European Investment Fund (EIF) initiative that provides for the launch of a new equity platform aiming to encourage the exchange of best practices between almost 30 National Promotion Institutions – at the national and / or regional level - in 18 European countries.

The instrument, a collaboration with the European Commission in the framework of interventions under the Juncker Plan, will help promote the development of investment policies shared for the benefit of small and medium-sized enterprises in the European Union.

One of the strategic objectives of the Juncker Plan is to support the growth of venture capital and private equity markets through the European Fund for Strategic Investments (EFSI). CDP Group has already launched several projects in this regard and was referred to as "the best in Europe for equity financing" by European Union Commission Vice-President Jyrki Katainen.