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The pandemic has led to a global economic and social crisis, and the European Union and Member States have had to adopt emergency measures. Among these, the creation of an exceptional temporary recovery instrument, the NextGenerationEU, has been agreed.

FI Group is an active player in multiple European countries that will benefits from NextGenerationEU. These countries include:

  • Belgium
  • France
  • Germany
  • Italy
  • Portugal
  • Spain

However, if your company is based in the UK with a presence in Europe, you can still capitalise on the benefits of the NextGenerationEU plan.

FI Group has already developed a dedicated up and running Next Generation team in each of the countries listed. These teams are qualified to handle any questions or requirements your company might have regarding NextGenerationEU.

This recovery instrument is supported by 750 billion euros, part of which will be provided in the form of repayable loans (360 billion euros) and part of which will be provided in the form of non-repayable transfers (390 billion euros).

The EUR 750 billion will be distributed through different tools:

  • EUR 672.5 billion through the Resilience and Recovery Mechanism
  • EUR 47.5 billion distributed through ReactEU
  • A further EUR 10 billion for the Just Transition Fund
  • 7.5 billion which is earmarked for Rural Development
  • 5 billion to be distributed through Horizon Europe and another 5.6 billion through InvestEU.
  • RescEU will have a package of €1.9 billion

At FI Group we are supporting the entire value chain (startups, SMEs, large companies, knowledge centres, etc.) in areas such as:

  • Agri-food
  • Automotive
  • Biopharma
  • Digital Transformation
  • Energy
  • Industry
  • Public Administrations
  • Tourism

If you want to find out more about how your company could benefit, get in contact with our team today!