This website uses its own and third-party cookies. Some of these cookies are used to develop analytical statistics of visits to the webpage, others to manage advertising or even others are necessary for the correct management of the site. If you continue to browse or click in accept we consider you accept the conditions for their use. You can get more information, or learn how to change the settings in our cookies policy?
Versión Española Versión Mexicana Ibercampus English Version Version française Versione italiana

8/12/2019  
    Ibercampus  | Editorial Board | Who we are | Ideology | Contact | Advertising rates | Subscription | RSS RSS
Policies
Inclusion policies
R&D
Employment
Economics
Culture
Green strategies
Health
Society and consumer
Sports
Debates
Interviews
Education
Grants & internships
Training
Trends
Enterprises & CSR
 Enterprises & CSR
ACNUR
AEGON
AIR LIQUIDE
ALCATEL-LUCENT
ALLIANZ
ARCELORMITTAL
ASIFIN
ASSICURAZIONI GENERALI
AXA
BANCO SANTANDER
BASF
BAYER
BBVA
BNP PARIBAS
CARREFOUR
DAIMLER AG
DEUTSCHE BANK
DEUTSCHE BÖRSE
DEUTSCHE TELEKOM
E.ON
ENEL
ENI
FORTIS
FRANCE TÉLÉCOM
GROUPE DANONE
IBERDROLA
INDITEX
ING GROUP
INTESA SANPAOLO
L'ORÉAL
LVMH
MUNICH RE
NOKIA
PHILIPS
RENAULT
REPSOL YPF
RWE
SAINT GOBAIN
SANOFI-AVENTIS
SAP AG
SCHNEIDER ELECTRIC
SIEMENS AG
SOCIÉTÉ GÉNÉRALE
SUEZ
TELECOM ITALIA
TELEFÓNICA
TOTAL S.A.
UNICREDIT
UNILEVER
VINCI
VIVENDI
VOLKSWAGEN

ENTERPRISES & CSR
Progress Microfinance

€182 million for 20,000 entrepreneurs for start-ups and expansion


More than 20,000 entrepreneurs have already benefited from loans and guarantees worth a total of €182 million under the European Progress Microfinance Facility, according to the latest European Commission report about the implementation of this financial instrument. In particular, the report finds that Progress Microfinance has significantly contributed to job creation, by enabling credit for unemployed or inactive people struggling to borrow money from financial institutions.
Ibercampus 21/10/2014 Send to a friend
Comparte esta noticia en TwitterFacebookTwitterdel.icio.usYahooRSS
The new microfinance financial instrument set to begin in the second half of 2014 under the Programme for Employment and Social Innovation (EaSI) will build on this experience.

European Commissioner for Employment, Social Affairs and Inclusion László Andor said: "By helping people to become entrepreneurs, the European Progress Microfinance Facility is an effective instrument to support people from disadvantaged groups in their efforts to get back to work and integrate into society. Raising the money needed to start new businesses can be difficult for the unemployed, young people and minorities, but small loans such as the ones Progress Microfinance is providing can make a big difference for would-be entrepreneurs who might otherwise never be able to put their creativity at work."

Difficulties in accessing finance represent one of the main barriers for aspiring entrepreneurs. The report indicates that 60% of final users were unemployed or inactive when they applied, 36% of recipients were women and 5.9% were under the age of 25.

Recipients of financial support included minorities such as Roma communities in France and Bulgaria.

Agriculture and trade remained the two sectors receiving most support from the Facility, accounting for more than a half of all supported enterprises.

The report is complemented by an external study showing evidence for unmet demand for microloans throughout the EU and the need to cover the existing gap in the European microfinance market, roughly estimated at around €2.7 billion. This is why the Commission is encouraging Member States to be more active in offering national schemes for microfinance financial instruments, particularly by using their European Social Fund or European Regional Development Fund resources.

Other issues Enterprises & CSR
Commission presents a reflection paper on a more sustainable Europe by 2030
16% of employed internet users reported changes in their job tasks due to new softwares
10 new projects under the LIFE funding programme for the Environment and Climate Action
1 in 6 EU businesses sold on the web in 2016
NASA makes a historic first-ever flyby of Pluto
Hillary Clinton proposes to provide businesses with tax credits for hiring young people
World Day Against Child Labour - 12 June
LinkedIn acquires online education company Lynda.com
Forum on the rights of persons with disabilities to promote solutions for disabled people
Microsoft launches a pilot program for hiring autistic workers

Subscribe free to our newsletter
Vanity Fea
The Virtual World We Inhabit
José Ángel García Landa
We can all be leaders
VIDEOCOMMUTING A NEW ORGANIZATIONAL REALITY THAT POSITIVELY IMPACTS EMPLOYEES
Mar Souto Romero
Financial inclusion
Financial Education For All!
Carlos Trias
Brusselian Lights
European elections (I): which words are more used in the European political manifestos?
Raúl Muriel Carrasco
Humor and Political Communication
Comisión de Arbitraje, Quejas y Deontología (Spain) (3) You can´t be too careful
Felicísimo Valbuena
Want your own blog? Want to be read by universities?
Find out here
Books
"Tthe study of human behaviour was political from the beginning"
The EU "An Obituary"
Startup Cities "Why Only a Few Cities Dominate the Global Startup Scene"
Blockchain Revolution "How the Technology Behind Bitcoin and Cryptocurrency Is Changing the World "
Doughnut Economics "Seven Ways to Think Like a 21st-Century Economist "
The People vs Tech "How the Internet Is Killing Democracy"
Theses and dissertations
1 Graphene activates immune cells helping bone regeneration in mice
2 The Virtual World We Inhabit
3 Scientists find a place on Earth where there is no life
4 New methodology developed to monitor patients with glioblastoma
5 Health in the EU: shift to prevention and primary care is the most important trend across countries
6 China, Germany, Japan, Korea and the United States dominate global innovation - WIPO report 2019
7 The embryonic origin of the Cyclops eye
8 European climate emergency: EU should commit to net-zero greenhouse gas emissions by 2050
9 "Tthe study of human behaviour was political from the beginning"
Legal Advise | Privacy Policy | Editorial Board | Who we are | Ideology | Contact | Advertising rates | RSS RSS