Facility for Euro-Mediterranean Investment and Partnership Trust Fund

Title Facility for Euro-Mediterranean Investment and Partnership Trust Fund
Funding Bracket Minimum US$ 5,000 and a maximum US$ 5,000,000
Facility Objectives

FEMIP Trust Fund is a multi-donor, multi-purpose and multi-sector fund whose main objective is to support private sector development via the financing of studies and technical assistance measures and the provision of private equity in the Mediterranean Partner Countries of the EU.

Key activities The FEMIP Trust Fund is used to finance upstream technical assistance activities not eligible for financing under other EIB instruments such as the ENPI-funded FEMIP Technical Assistance envelope. Activities which could fall under the scope of this window are policy, legal, regulatory and institutional reform, sector development strategies, capacity building, and training. The FEMIP Trust Fund also aims at increasing the scope and the range of financial instruments currently available to directly support private sector development in the Mediterranean Partner Countries. In particular the FEMIP Trust Fund focuses on increasing the Bank involvement in equity, quasi-equity and guarantee type operations, with special emphasis on complementing the ENPI-funded FEMIP Risk Capital envelope. Finally, for immediate democratic transformation and transition needs in Mediterranean Partner Countries, the FEMIP Trust Fund focuses on initiatives that can demonstrate catalytic economic effects. The support provided will be aligned with the EU policy objectives and will be complementary to the initiatives by the European Commission and the European External Action Service for the economic transition priorities agreed with the Mediterranean Partner Countries.

More information

Institution Details

Title Facility for Euro-Mediterranean Investment and Partnership Trust Fund
Person responsible Julien Serre
E-mail, phone number and mailing address

European Investment Bank

Directorate for Operations outside the EU

98-100, boulevard Konrad Adenauer
L-2950 Luxembourg

TEL (+352) 43 79 – 86836

Facility Objectives

FEMIP Trust Fund is a multi-donor, multi-purpose and multi-sector fund whose main objective is to support private sector development via the financing of studies and technical assistance measures and the provision of private equity in the Mediterranean Partner Countries of the EU.

Facility URL www.eib.org/ftf
Key activities The FEMIP Trust Fund is used to finance upstream technical assistance activities not eligible for financing under other EIB instruments such as the ENPI-funded FEMIP Technical Assistance envelope. Activities which could fall under the scope of this window are policy, legal, regulatory and institutional reform, sector development strategies, capacity building, and training. The FEMIP Trust Fund also aims at increasing the scope and the range of financial instruments currently available to directly support private sector development in the Mediterranean Partner Countries. In particular the FEMIP Trust Fund focuses on increasing the Bank involvement in equity, quasi-equity and guarantee type operations, with special emphasis on complementing the ENPI-funded FEMIP Risk Capital envelope. Finally, for immediate democratic transformation and transition needs in Mediterranean Partner Countries, the FEMIP Trust Fund focuses on initiatives that can demonstrate catalytic economic effects. The support provided will be aligned with the EU policy objectives and will be complementary to the initiatives by the European Commission and the European External Action Service for the economic transition priorities agreed with the Mediterranean Partner Countries.
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Key data and facts

Hosted by EIB
Contributors
  • Austria
  • Belgium
  • Cyprus
  • the European Commission
  • Finland
  • France
  • Germany
  • Greece
  • Ireland
  • Italy
  • Luxembourg
  • Malta
  • the Netherlands
  • Portugal
  • Spain
  • Sweden
  • the United Kingdom
Year established 2005
Total Capital US$ 38,166,000
Amount committed since established US$ 42,216,000
Amount disbursed since established
Type of finance provided
  • Grant
Capacity for new commitments
Funding Bracket Minimum US$ 5,000 and a maximum US$ 5,000,000
Funding bracket - Current Average Grant size

Eligibility criteria and exclusions

Beneficiaries
  • International Institutions
  • Private
  • Public
  • Public Private Partnership
Project types
  • Cross-border
  • National
  • Sub-national
Countries
  • Algeria
  • Egypt
  • Morocco
  • Tunisia
Energy
  • Biomass
  • Electrical transmission/distribution
  • Energy education/training
  • Energy policy and administrative management
  • Energy research
  • Geothermal energy
  • Hydro-electric power plants
  • Ocean power
  • Power generation/renewable sources
  • Solar energy
  • Wind power
Transport
  • Education and training in transport and storage
  • Road transport
  • Storage
  • Transport policy and administrative management
  • Water transport
Water & Sanitation
  • Basic drinking water supply and basic sanitation
  • Education and training in water supply and sanitation
  • River development
  • Waste management/disposal
  • Water resources policy and administrative management
  • Water resources protection
  • Water supply and sanitation - large systems
ICT
  • ICT
Eligibility exclusions

The FEMIP Trust Fund is supporting operations in the EU Mediterranean Partner countries

 

www.europa.eu/legislation_summaries/external_relations/relations_with_third_countries/mediterranean_partner_countries/index_en.htm

Supported project phases

Enabling environment
  • Capacity building to support projects
  • Consensus building for projects
  • Designing regulatory approaches
  • Project-relevant institutional reforms
Project definition
  • Action planning (TORs, etc.)
  • Identification of desired outputs
  • Identification of project champions
  • Pre-feasibility studies
  • Prioritization vs. other projects
Post-implementation support
  • Evaluation

List of Projects

Project name:
Total project cost
Region/country
Private type management and operation of the public irrigation systems in FEMIP countries: a test case in Morocco
US$ 1,360,000
Morocco
Project name:
Total project cost
Region/country
Financial mechanism for the development of renewable energy and energy efficiency
US$ 272,000
North Africa
Project name:
Total project cost
Region/country
Logistic needs in the MPCs: Potential for the development of a logistic platform network
US$ 811,920
North Africa
Project name:
Total project cost
Region/country
CDM project identification in FEMIP countries
US$ 265,200
North Africa
Project name:
Total project cost
Region/country
Potential for biofuel production
US$ 270,640
North Africa
Project name:
Total project cost
Region/country
Identification and removal of obstacles to the extended use of wastewater in agriculture
US$ 272,000
North Africa
Project name:
Total project cost
Region/country
Study programme with the Blue Plan II
US$ 244,800
North Africa
Project name:
Total project cost
Region/country
Mediterranean Solar Plan
US$ 257,040
North Africa
Project name:
Total project cost
Region/country
Broadband access for FEMIP countries
US$ 680,000
North Africa
Project name:
Total project cost
Region/country
LOGISMED Euromed Logistics Platforms
US$ 1,360,000
North Africa
Project name:
Total project cost
Region/country
Maritime highways
US$ 265,200
North Africa
Projects supported since Facility established (Total number) 49
Projects supported reaching financial close since Facility established (Total number) 0

Application process

Application process
Application Documents
Application process URL www.eib.org/projects/regions/med/funding/index.htm

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