Current Search:
  • European Commission. Directorate-General... X
  • PwC. X
Results 1 to 20 of 24
  • 1.
    book.ebook
    Ex-ante assessment methodology for financial instruments in the 2014-2020 programming period [er] : strengthening research, technological development and innovation (Thematic objective 1). Volume II. European Investment Bank.
    Publication
    Luxembourg : Publications Office, [2014]
    Summary
    This methodology is intended as a toolbox encompassing good practices and providing practical guidance to Managing Authorities (MAs) in the preparation and the realisation of the ex-ante assessment of the financial instrument (FI) envisaged in the Programme(s), as required by Article 37 (2) of the Common Provisions Regulation (CPR).The ex-ante assessment process should also allow MAs to ensure that ESI Funds resources allocations to FIs are fully aligned with the objectives of ESI Funds and Programmes and are used in accordance with the principle of sound financial management (meaning in the most economic, efficient and effective way).5 This document constitutes Volume II of the ex-ante assessment methodology dedicated to Thematic objective 1, notably: “Strengthening research, technological development and innovation”. It aims to present specificities of this area to be taken into account for the ex-assessment of the FI, at proposing tools adapted to this area and at sharing good practices related to it. It should be used in conjunction with Volume I – Ex-ante assessment methodology6, as the common descriptions and tools of the General Methodology are not repeated in this volume. Therefore some paragraphs might be rather limited as long as there are no specificities related to this area. It is important to note that significant interconnections exist between the research, technological development and innovation themes and entrepreneurship. In particular innovation is a major driver of start-up and SME competitiveness. As a result this specific methodology addresses topics and issues that are also discussed in Volume III: Enhancing the competitiveness of SMEs, including agriculture, micro-credit and fisheries (Thematic objective 3).
     
  • 2.
    book.ebook
    Ex-ante assessment methodology for financial instruments in the 2014-2020 programming period [er] : financial instruments for urban and territorial development. Volume V. European Investment Bank.
    Publication
    Luxembourg : Publications Office, [2014]
    Summary
    The ex-ante assessment methodology aims at providing guidance to Managing Authorities (MAs) in the preparation of the ex-ante assessment of financial instruments (FIs) foreseen in Programme(s), as required by Article 37.2 of the Common Provisions Regulation (CPR). The ex-ante assessment aims at ensuring that ESI Funds resources contributed to FIs are fully aligned with the objectives of ESI Funds and Programmes and are used in accordance with the principle of sound financial management, meaning in the most economic, efficient and effective way. This document constitutes Volume V of the ex-ante assessment methodology dedicated to FIs for urban and territorial development. It also addresses specific aspects of place-based investment strategies that need to be taken into account in the ex-ante assessment. This document should be used in conjunction with Volume I – Ex-ante assessment methodology. Therefore the common descriptions and tools of the General Methodology are not repeated in full in this volume and for points where no particular specificities related to the territorial dimension arise, explanations are concise.
     
  • 3.
    book.ebook
    Quick appraisal of major project application [er] : “connecting Cumbria” : CCI n°2012UK162PR002 : connecting Cumbria. PwC.
    Publication
    Luxembourg : Publications Office, 2013.
    Summary
    The productive investment Connecting Cumbria (CCI n° 2012UK162PR002) is implemented by the Cumbria County Council. The project consists in investing € 64,029,542 to improve broadband services in the Cumbria County extending the network coverage to white areas in the County which have no superfast broadband infrastructure or services and where private operators are unlikely to deliver such infrastructure in the near future. On the one hand, the project seeks to develop a superfast broadband network infrastructure. On the other hand, the project will provide business support services to local ERDF eligible small and medium sized enterprises to fully understand and exploit the benefits of the superfast broadband network. The Connecting Cumbria two components are being procured. The first component on the superfast broadband network roll out has been awarded in September to BT Global Services. The second component procurement process is under preparation and is seeking ERDF from the North West England Operational Programme. The Cumbria Council plans to select the contractor in January 2013. The core beneficiaries of the project are the ERDF eligible SMEs which will be especially supported in order to improve their business performance and create new jobs thanks to the new possibilities offered by the superfast broadband network. The Connecting Cumbria project aims also to contribute to a reduction of carbon emissions linked to the development of home working, and to the achievement of social inclusion objectives. The project is scheduled for completion in June 2015 as the operational phase of the project will start in 2015 and is supposed to last until 2022. The total investment reaches € 64,029,542 and it will be funded via € 29,792,827 of national public finance through State aid and € 14, 959,003 of private capitals from the firm responsible for the deployment of the network. The remaining funding need of € 19,277,712 has been requested to the ERDF for the programming period 2007-2013. The project is rooted on the Priority 2 of the North West Operational Programme – Exploiting innovation and knowledge – which focuses on boosting the innovative activities and exploitation of knowledge by SMEs in the region. The main objective of the “Quick Appraisal” of this large project applying for EU co-financing is to verify how well the project has been planned and whether the application submitted to the Commission is compliant with the requirements established in the relevant regulations governing the use of EU funds.
     
  • 4.
    book.ebook
    Quick appraisal of major project application [er] : magistralinio dujotiekio Jurbarkas-Klaipėda statyba : construction of Jurbarkas-Klaipėda transmission pipeline. PwC.
    Publication
    Luxembourg : Publications Office, 2013.
    Summary
    The project “Construction of Jurbarkas-Klaipėda gas transmission pipeline” aims at constructing a gas transmission pipeline from Jurbarkas to Klaipėda long 137.6 km. Natural gas would be transmitted by this transmission line. The project is in line with Operational Programme for Economic Growth for 2007-2013 (priority 4: Basic Economic Infrastructure, investment area: energy supply networks) – Lithuania must expand and modernise its gas transmission networks and systems, in particular in Western Lithuania, create preconditions for the integration of the Baltic States’ market, and construct in the territory of Lithuania or the Baltic States a storage facility and/or a liquefied natural gas import terminal. The implementation of the project creating a ring in the gas transmission system will also accelerate the EU Regulation 994/2010 allowing the reverse flow inside the country. The main objective of the “Quick Appraisal” of this large project applying for EU co-financing is to verify how well the project has been planned and whether the application submitted to the Commission is compliant with the requirements established in the relevant regulations governing the use of EU funds.
     
  • 5.
    book.ebook
    Ex-ante assessment methodology for financial instruments in the 2014-2020 programming period [er] : general methodology covering all thematic objectives : quick reference guide. European Investment Bank.
    Publication
    Luxembourg : Publications Office, [2014]
    Summary
    Article 174 of the Treaty on the Functioning of the European Union (TFEU) defines the EU objective to reduce disparities between the levels of development in the European regions and strengthen the economic, social and territorial cohesion of the EU. For the 2014-2020 programming period, European Structural and Investment Funds (ESIF) Policy plays a decisive role in reaching the objectives set up in the Europe 2020 strategy for a smart, sustainable and inclusive growth, while promoting harmonious development of the Union and reducing regional disparities. The financial constraints for public administrations will further increase the orientation of the 2014-2020 ESIF Policy on results and will require a higher efficiency in the use of public funding. In this context, financial instruments (FIs) can play an important role in the achievement of ESIF Policy objectives. According to the Financial Regulation, FIs are defined as: “Union measures of financial support provided on a complementary basis from the budget in order to address one or more specific policy objectives of the Union. Such instruments may take the form of equity or quasi-equity investments, loans or guarantees, or other risk sharing instruments, and may, where appropriate, be combined with grants.” For the 2014-2020 programming period the relevant regulatory provisions for FIs are listed in the Common Provisions Regulation (CPR) which contains a distinct section on the specificities governing the use of FIs – Title IV (Articles 37 to 46). Additional requirements surrounding the implementation of FIs are listed in Delegated Acts and Implementing Acts. One of the new regulatory provisions is the requirement in Article 37 (2) of the CPR for an ex-ante assessment to be undertaken by the responsible Member State (MS)/managing authority (MA) before committing ESIF Programme resources to the use of an FI. The main novelties of the CPR include:  Common provisions for all ESI Funds to increase consistency and exploit synergies among the different Funds;  Increased emphasis on a strategic approach that relies upon Partnership Agreements;  Wider scope to apply FIs (i.e. the application of FIs cover all thematic objectives foreseen in the 2014-2020 ESIF Policy framework); and  Specific requirement for an ex-ante assessment for FIs.
     
  • 6.
    book.ebook
    Ex-ante assessment methodology for financial instruments in the 2014-2020 programming period [er] : supporting the shift towards low-carbon economy (Thematic objective 4). Volume IV. European Investment Bank.
    Publication
    Luxembourg : Publications Office, [2014]
    Summary
    The present document constitutes Volume IV of the ex-ante assessment methodology dedicated to sectors related to Thematic Objective 4, notably: “Supporting the shift towards low-carbon economy”. It aims to present some of the specificities of these sectors which need to be taken into account for the ex-ante assessment of the FI, to propose tools adapted to these sectors and to share related good practices. This sector-specific guidance should be used in parallel with Volume I – Ex-ante assessment methodology, as the common descriptions and tools of the general methodology are not repeated in this volume. At the same time, some sections of this sector-specific methodology might be less extensive in cases where the general methodology of Volume I is sufficiently covering ex-ante assessment requirements for FIs under Thematic Objective 4. The structure of this specific methodology follows the same structure as Volume I, which has been developed around the seven main groups of requirements for ex-ante assessments as set out in Article 37(2) of the CPR, namely:  Analysis of market failures, suboptimal investment situations and investment needs;  Assessment of the value added of the FI;  Estimate of additional public and private resources to be potentially raised by the FI;  Assessment of lessons learnt from similar instruments and ex-ante assessment carried out in the past;  Proposed investment strategy;  Specification of expected results;  Provisions allowing the ex-ante assessment to be reviewed and updated.
     
  • 7.
    book.ebook
    Ex-ante assessment methodology for financial instruments in the 2014-2020 programming period [er] : general methodology covering all thematic objectives. Volume I. European Investment Bank.
    Publication
    Luxembourg : Publications Office, [2014]
    Summary
    This methodology is intended as a toolbox encompassing good practices and providing practical guidance to Managing Authorities (MAs) in the preparation and the realisation of the ex-ante assessment of the financial instrument (FI) envisaged in the Programme(s). This methodology is a reply of the Commission to the frequent questions from the managing authorities on the particular elements of ex-ante assessment included in Article 37 (2) of the Common Provisions Regulation (CPR). The formal status of this methodology has no legal value and it is not binding for managing authorities5. FIs shall be implemented to support investments which are expected to be financially viable but do not receive sufficient funding from market sources.6 The ex-ante assessment is necessary (i) for the setting up of an FI or (ii) the continuation of an FI as far as it comprises a contribution from European Structural and Investment Funds (ESIF) 2014-2020 and follows the requirements of Article 37 (2) of the CPR. The ex-ante assessment aims to ensure that ESI Funds resources allocations to FIs are fully aligned with the objectives of ESI Funds and Programmes and are used in accordance with the principles of sound financial management. The ex-ante assessment should allow MAs to tackle high-priority market gaps and to define the priorities for the allocation of public resources in accordance with Programmes and priority axis.
     
  • 8.
    book.ebook
    Ex-ante assessment methodology for financial instruments in the 2014-2020 programming period Enhancing the competitiveness of SME, including agriculture, microcredit and fisheries (Thematic objective 3). Volume III. European Investment Bank.
    Publication
    Luxembourg : Publications Office, [2014]
    Summary
    This methodology is intended as a toolbox encompassing good practices and providing practical guidance to Managing Authorities (MAs) in the preparation and the realisation of the ex-ante assessment of the financial instrument (FI) envisaged in the Programme(s), as required by Article 37 (2) of the Common Provisions Regulation (CPR).The ex-ante assessment process should also allow MAs to ensure that ESI Funds resources allocations to FIs are fully aligned with the objectives of ESI Funds and Programmes and are used in accordance with the principle of sound financial management (meaning in the most economic, efficient and effective way).6 This document constitutes Volume III of the ex-ante assessment methodology dedicated to Thematic Objective 3, notably: “Enhancing the competitiveness of SMEs, including agriculture, micro-credit and fisheries”. It aims to present specificities of this area to be taken into account for the ex-assessment of the FI, at proposing tools adapted to this area and at sharing good practices related to it. It should be used in conjunction with Volume I – Ex-ante assessment methodology7, as the common descriptions and tools of the General Methodology are not repeated in this volume. Therefore some paragraphs might be rather limited as long as there are no specificities related to this area. It is important to note that significant interconnections exist between the research, technological development and innovation themes and entrepreneurship. In particular innovation is a major driver of start-up and SME competitiveness. As a result this specific methodology addresses topics and issues that are also discussed in Volume II: Strengthening research, technological development and innovation (Thematic Objective 1).
     
  • 9.
    book.ebook
     
  • 10.
    book.ebook
    Quick appraisal of major project application [er] : establishment of a micromorph thin film PV panel plant of total installed capacity of 60MWp in Tripolis, Arcadia. PwC.
    Publication
    Luxembourg : Publications Office, 2013, c2014.
    Summary
    The main objective of the "Quick Appraisal" of this large project applying for EU co-financing is to verify how well the project has been planned and whether the application submitted to the Commission is compliant with the requirements established in the relevant regulations governing the use of EU funds.
     
  • 11.
    book.ebook
    Quick appraisal of major project application [er] : wdrożenie innowacji technologicznej i produktowej w branży papierniczej : N° CCI [2012PL161PR012] : the implementation of technological and product innovations in the paper industry. PwC.
    Publication
    Luxembourg : Publications Office, 2013.
    Summary
    The main objective of the “Quick Appraisals” of major projects applying for the European Union (EU) cofinancing is to verify quickly how properly these projects have been prepared and whether the applications submitted to the European Commission (EC) are compliant with the requirements established in the relevant regulations governing the use of EU funds. The aim of the STORA ENSO NAREW’s Project is to build in Ostrołęka a new innovative manufacturing facility for light weight paper. The Beneficiary will implement significantly improved technology for manufacturing light weight paper such as fluting and liner made from a recycled paper. The paper produced will be used for corrugated cardboard and packaging manufacturing. The aim of the Project is starting a completely new activity in STORA ENSO NAREW. The decision granting public aid has been a decisive factor in defining the location of investment. As the Beneficiary would reduce the size of the project and reduce its innovation aspect as well as the number of planned staff without the grant, EU funds seem to carry an important incentive effect in the implementation of the full project.
     
  • 12.
    book.ebook
     
  • 13.
    book.ebook
     
  • 14.
    book.ebook
     
  • 15.
    book.ebook
     
  • 16.
    book.ebook
     
  • 17.
    book.ebook
     
  • 18.
    book.ebook
     
  • 19.
    book.ebook
    Quick appraisal of major project application [er] : launch of production of Astra IV generation in three-door and four-door versions. European Commission. Directorate-General for Regional Policy.
    Publication
    Luxembourg : Publications Office, 2012.
    Summary
    The project involves launching and marketing globally an innovative product (Opel Astra IV generation in three-door – HB3 and four-door – NB4) in the car production industry (“Project”). The Project is implemented by General Motors Manufacturing Poland Sp. z o.o. (“GMMP”) operating since 1998 in Gliwice (Silesia region, Poland). The GMMP is a part of General Motors Group and is a main production centre of General Motors in Poland. The GMMP employs more than 2,700 people and has been rewarded for its impact on development of the region. It cooperates with universities and undertakes charity actions. The Opel Astra IV generation in three-door – HB3 and four-door – NB4 construction process will be based on an innovative technology including many process solutions yet unapplied in the car production industry. This technology is a result of GMMP’s internal and external R&D works and will enable to implement new standards in the area of driving safety, quality and comfort, equipment and efficient operation in the class of compact cars. The EU funding will be dedicated to innovative technologies i.e. purchase of fixed assets. In order to start the production process, the acquisition and installation of machines and devices will take place. The expected results of the Project are a competitive advantage in automotive market and the development of R&D activities in the existing plant. The Project will also result in creating 151 new jobs and in contributing to the regional development. Additionally, development of R&D department (creating R&D Competence Centre) is planned at the beneficiary’s own cost. The Project will be co-financed within Innovative Economy Operational Programme 2007-2013, Priority Axis IV “Investments in innovative undertakings”. The objective of this Priority Axis is to increase the level of competitiveness of enterprises through application of new solutions. The Project applies for support within Sub-measure 4.5.1 “Support for investments in production sector”. The total value of the Project under Submeasure 4.5.1 amounts to PLN 249 400 173.94 (EUR 62 244 228.30).
     
  • 20.
    book.ebook
    Quick appraisal of major project application [er] : purchase and implementation of innovative manufacturing technology of biocomponents to produce biofuels. European Commission. Directorate-General for Regional Policy.
    Publication
    Luxembourg : Publications Office, 2012.
    Summary
    Green Source Poland have identified that there will be a shortage in biofuel production and supply in the Polish market in the future. The shortage in demand is in part as a result of EU policy. This project intends on capitalising on the fact that there will be a shortage. Green Source Poland has made reference to a four year cycle for obtaining all permits and they denote that there will be lag on the supply of biofuels in Poland for number of years. Green Source Poland (GSP) claim that their proposal, due to its location, scale and innovative character, will contribute to the objectives outlined in the strategy and policy documents both at European, national and regional level. Furthermore, GSP state that the implementation of the investment project will bear a great influence on the improvement of the domestic energy balance by decreasing Poland dependence on fossil fuels.