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JASPERS

JASPERS ('Joint Assistance to Support Projects in the European Regions') is a joint instrument supported by the European Commission, the European Investment Bank (EIB), the European Bank for Reconstruction and Development (ERDB) and, since July 2008, KfW. It is a technical assistance facility available to the twelve Member States that joined the European Union in 2004 and 2007, in order to assist them with preparing major projects which will be supported by EU funds. JASPERS offers a pool of expertise to help the new Member States make the best use of available funding. Assistance can be made available for the project structuring and preparatory stages up until the point when a decision to grant funding is made. JASPERS has been operational since 2006 and is now close to its full complement of 58 expert staff, most of them based close to the beneficiaries in three regional offices in Warsaw, Vienna and Bucharest.

JASPERS is one of four joint instruments that aim to improve cooperation between the Commission and large European financial bodies. The other instruments are JEREMIE ('Joint European Resources for Micro to Medium Enterprises'), JESSICA ('Joint European Support for Sustainable Investment in City Areas') and JASMINE ('Joint Action to Supply Micro-finance Institutions in Europe').

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