Financial Engineering

JASPERS: A new technical assistance partnership


JASPERS  is a partnership between the Commission (DG Regional Policy), the European Investment Bank (EIB),  the European Bank for Reconstruction and Development (EBRD) and KfW which became operational in 2006.  JASPERS  offers technical assistance to the twelve  Member States that joined the EU in 2004 and prepare major projects for EU support.

JASPERS can provide comprehensive assistance for all stages of the project cycle from the initial identification of a project through to the decision to provide EU grant assistance and, in some cases, advice can be provided until the start of the construction phase.

JASPERS focuses its action on large projects supported by the EU funds (costing more than €50 million) . In the smaller countries where there will not be many projects of this size, JASPERS will concentrate on the largest projects. JASPERS  can make a major contribution to the quantity, quality and rapidity of projects.   

For further information on the development of the JASPERS initiative please consult the website :