THE 3J INITIATIVES JESSICA JASPERS JEREMIE

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THE 3-J INITIATIVESJESSICAJASPERSJEREMIE

• Razgrad, beating heart
• Poznan
• 1st February 2007

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JESSICAJOINT EUROPEAN SUPPORT FOR SUSTAINABLE
INVESTMENT IN CITY AREAS
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JESSICAJOINT EUROPEAN SUPPORT FOR SUSTAINABLE
INVESTMENT IN CITY AREAS

• A new initiative common of European Commission,
  European Invetment Bank
• Direct for sustainable Urban renewal and
  development
• Under JESSICA grants from Operational
  Programmes (OPs), may be transformed
• - into repayable and recyclable assistance,
• - to PPPs and other projects for urban renewal
  and development

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JESSICA

• How grants become revolving funds?
• Under JESSICA, Member States and Managing
  Authorities may contribute from Operational
  Programs, to
• - Urban Development Funds (UDF)
• - Holding Funds (HF)

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JESSICA

• Urban Development Funds And Holding Funds
• Urban Development Funds invest in
• - PPPs
• - other urban projects, included in
  Integrated Urban Development Plans (IUDP)
• Holding Funds invest in several UDFs

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JESSICA

• Option 1 Jessica operating through funds

Operational Programme contribution
UDF Participations in PPPs , equity, loans,
guarantees to support projects for sustainable
urban development, including social housing
Urban Dev. Fund Receives Equity Contributions
from OP, Urban Authority, IFIs, Banks, Investors
Loans from EIB CEB, other IFIs
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JESSICA

• Option 2 Jessica operating through holding funds

Urban Dev. funds, owned and managed by MS or
regions, municipal enterprises, banks,
investors. EIB, IFIs loans or loans to support
actions for sustainable urban
development, including social housing
Holding Fund for Urban Investment - EIB or
other Financial Institution Contributions to
the holding fund from OP, Urban Authority
Operational Programme
UDF provide Equity,loans,guarantees to support
Urban projects, including social housing EIB,
IFIs loans
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JESSICA

• Contact in European Commision
• Mr. Georges Kolivas
• REGIO B1 Coordination
• European Commission
• B 1049 Brussels
• Phone [phone]
• E-mail georges.kolivas_at_ec.europa.eu

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JASPERSJOINT ASSISTANCE IN SUPPORTING PROJECTS
IN EUROPEAN REGIONS
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JASPERSJOINT ASSISTANCE IN SUPPORTING PROJECTS
IN EUROPEAN REGIONS

• Its common initiative of European Commission,
  European Investment Bank and European Bank for
  Reconstruction and Development
• Its a technical assistance to prepare major
  projects for EU grant financing
• Objective increasing the capacity of the
  beneficiary countries to make the best use of EU
  funding in 2007-2013

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JASPERS

• Activities
• concentration on priority countries the 12 new
  member states
• JASPERS concentrates on major projects
• Transport 50 M gt
• Environment and other sectors 25 M gt
• JASPERS priorities are
• - large projects supported by the Cohesion Fund
  and the ERDF
• - other Cohesion Fund projects
• - other ERDF projects
• horizontal issues covering more than one country
  or sector

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JASPERS

• Assistance can be provided as required from the
  early stages of a project through to the decision
  to grant assistance
• Preparatory work required to deliver a mature
  project e.g.
• - advice on conceptual development and project
  structuring
• - advice on project preparation e.g. cost-benefit
  analysis, financial analysis, environmental
  issues, procurement planning.
• - review of documentation feasibility studies,
  technical design, tender documents.
• - advice on compliance with EU law
  (environmental, competition and others) and
  conformity with EU policies

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JASPERS

• Management
• Managing Authority acts as central co-ordinator
  for each country
• The Managing Authority in the Member State can
  request assistance directly from JASPERS in
  Luxembourg or from the regional offices of
  JASPERS
• JASPERS will be actively managed by a Steering
  Committee with members from DG REGIO, EIB and
  EBRD.

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JASPERS

• Action Plans
• Priorities and objectives of JASPERS will be set
  out each year in an Action Plan agreed between
  JASPERS and the beneficiary country
• close co-ordination of JASPERS operations with
  DG REGIO country desks
• horizontal issues may also be included in the
  Action Plan
• Action Plans for the twelve priority countries
  (the 10 plus Romania and Bulgaria) now agreed

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JASPERS

• Organization
• Regional hubs for JASPERS
• North (Poland, Estonia, Latvia, Lithuania)
  Warsaw
• Central (Czech Republic, Slovakia, Hungary,
  Slovenia) Vienna
• South (Romania, Bulgaria) Bucharest
• Malta and Cyprus covered from existing EIB
  offices in Rome and Athens
• Internally EIB and EBRD core teams in place

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JASPERS

• Contact with JASPRES office in Luksemburg
• Mr. Patric Walsh
• European Invetment Bank
• 100 Boulevard Konrad Adenauer
• L 2950 Luksemburg
• Phone [phone]
• E-mail jaspers_at_eib.org

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JEREMIE JOINT EUROPEAN RESIURCES FOR MICRO TO
MEDIUM ENTERPRISES
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JEREMIEJOINT EUROPEAN RESIURCES FOR MICRO TO
MEDIUM ENTERPRISES

• JEREMIE stands for Joint European Resources
  for Micro to medium Enterprises
• Joint resources JEREMIE combines resources from
  OPs EIB other IFIs, banks financial
  intermediaries, investors

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JEREMIE

• Contact with JEREMIE office in Luksemburg
• Mr. Marc Schublin
• European Investment Fund
• J.F.Kennedy 43
• L 298 Luksemburg
• Phone [phone]
• E-mail jeremie_at_eib.org