Actions listed in the original action plan of September 2015

Support venture capital and equity financing

Pan-European venture capital fund-of-funds

Progress to date

Revise EuVECA and EuSEF legislation

Progress to date

Tax incentives for venture capital and business angels

Progress to date
  • Study on national tax incentives launched in January 2016
  • Workshops with EU country experts organised in October 2016 and March 2017
  • Study on national tax incentives published in June 2017 (PDF - 2.41 MB)
Next steps

Overcome information barriers to SME investment

Strengthen feedback given by banks declining SME credit applications

Progress to date
Next steps
  • Implementation of the European high-level principles on bank feedback on declined SME credit applications

Map existing local or national support and advisory capacities across the EU to promote best practices

Progress to date
Next steps

Promote innovative forms of corporate financing

Report on crowdfunding

Progress to date
Next steps

Develop a coordinated approach to loan origination by funds and assess the case for a future EU framework

Progress to date

Promote private placements

Progress to date
Next steps

Actions as set out in the mid-term review of June 2017

Innovative corporate finance platforms

Assess the case for EU licensing and passporting framework for FinTech activities (priority action)

PROGRESS TO DATE

Report on best practice in supply chain finance (new action)

PROGRESS TO DATE

Business angels and venture finance

Good practice on tax incentive schemes for venture capital and business angel investments (follow-up action)


Private placements

Recommendation to promote best practice (follow-up action)


Information barriers for SME finance

Selection of the proposals following the Call for proposals to fund capacity building projects under the Horizon 2020 programme (follow-up action)

PROGRESS TO DATE

Proposals selected: