Technical assistance is a key instrument for improving the quality of lending operations and enhancing their development impact.
It is an integral part of the appraisal and implementation process for FEMIP loans, and provides the analytical data needed to understand the economic and financial development issues of the Mediterranean partner countries.
The technical assistance offered by FEMIP is based on two funds:
| Technical Assistance | ||
| FEMIP resources | FEMIP Support Fund | FEMIP Trust Fund |
| Objectives | Improve the quality and development impact of FEMIP operations by strengthening the capacity of Mediterranean partner countries and promoters to prepare, manage and supervise their investment operations. | Finance upstream technical assistance, not necessarily linked to an EIB-financed project. The activities pursued focus in particular on strengthening, directly or indirectly, private sector development in the Mediterranean partner countries. |
| Beneficiaries | All FEMIP clients | On FEMIP’s initiative |
| Type of funding and selection criteria |
Grants These grants are available only to promoters benefiting from EIB funding, to ensure enhanced project preparation, implementation and/or supervision. Tendering of TA contracts is handled directly by the EIB. Information on tendering rules can be found on the EIB’s website. |
Grants These grants are used by FEMIP to promote initiatives such as policy, legal, regulatory and institutional reform, sector development strategies, capacity-building, etc. Tendering of TA contracts is handled directly by the EIB. Information on tendering rules can be found on the EIB’s website. |
| Sectors | All areas of FEMIP operations | |