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Annual Report 2011
In 2011 EIF commenced work on additional mechanisms to
reinvest recycled, repaid or revolved funds, i.e. funds paid
back to EIF from SME loans or investments via the JEREMIE
initiative. This capital inflow will be used to foster additional
financial engineering activities in the associated EU regions,
thereby further benefitting the SME community.
EIF’s regional business development activities are diverse
and of increasing importance. These activities comprise
an in-depth understanding of the dif ferent stages of
developing ef fective SME financing ecosystems. They
also include the devising of market-oriented solutions to
improve the volumes of financing that make their way,
through close collaboration with a growing network of
financial intermediaries, to the SMEs which are so crucial
to Europe’s employment and growth prospects.