Health and the Investment Plan
Shortly after starting its 2014-2019 mandate, the European Commission proposed a new Investment Plan for Europe to strengthen competitiveness and to promote investment in the EU, contributing to job creation and sustainable growth.
European Fund for Strategic Investments (EFSI)
Backbone of the Investment Plan is the European Fund for Strategic Investments (EFSI), a partnership of the Commission and the EIB Group, providing a guarantee for financial products to trigger 315 billion euro of investments over a three year period. A new Commission proposal for an extension of EFSI aims to trigger up to 500 billion euro until 2020.
In the EFSI Regulation, health has been included as a specific objective covering "innovative health solutions, new effective medicines and social infrastructures".
By investing in infrastructure, services and medical research, Europe's health sector is contributing to the Plan's effort towards growth, employment and competitiveness.
Here is a list of approved EFSI projects, including from the health sector.
Roll-out of the Investment Plan
Proposals for investment in the health sector should be addressed to the EIB. Applications should go through the standard EIB due diligence followed by an assessment by the EFSI Investment Committee.
Other pillars of the Investment Plan are regulatory measures to reduce investment barriers and targeted initiatives to facilitate investment:
- European Investment Advisory Hub (EIAH)
A joint initiative of the European Commission and the European Investment Bank, the EIAH supports investors and promoters in project development, capacity building, and financial advice.
- European Investment Project Portal (EIPP)
The EIPP is a new portal enabling EU-based public and private promoters to showcase their investment project and reach potential investors worldwide.