2 June 2021

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 NextGeneration EU, has been agreed.

Additionally, FI Group is an active player in multiple European countries that will benefits from NextGeneration EU. These countries include:

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

However, if your company is 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.

Moreover, 750 billion euros support this recovery instrument, part of which will be in form of repayable loans (360 billion euros) and the other part, in the form of non-repayable transfers (390 billion euros).

In more detail, 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
  • Horizon Europe will distribute 5 billion and another 5.6 billion through InvestEU.
  • RescEU will have a package of €1.9 billion

Finally, in FI Group we support 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!

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