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16 Jun 2016

EUA presents review of EFSI

In June 2015, the European Fund for Strategic Investments (EFSI), as part of the Investment Plan for Europe, came into force. It is the major instrument to address the first key priority of the Juncker Commission on job creation, growth and investment. In order to establish EFSI, 2.2 billion euros were taken out of Horizon 2020.

On 1 June 2016, the European Commission issued a communication to take stock of the Investment Plan for Europe and announce its next steps. Therefore, EUA looked into the projects funded by EFSI, and analysed to what extent they really benefit research and universities. Acording to the EUA review,  77% of EFSI financing has gone into infrastructure development in different sectors and SME support.

To read the full review click here

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