Endorsement of proposal on European venture capital funds and European social entrepreneurship funds

Background and further information:

These funds aim to mobilise more investment capital for innovative smal and medium-sized enterprises (SMEs) and social undertakings in the European Union. They are part of the Capital Markets Union (CMU) Action Plan.

The rules agreed between the institutions aim to broaden the range of firms able to find investors on European capital markets and encourage investment in firms that markets may view as a risky, or which aim to deliver social benefits.

The proposal was put forward by the European Commission July 2016. The Council of the European adopted its negotiating position on the matter in December 2016 and a trilogue agreement was reached in May 2017.

The European Parliament's plenary session formally endorsed on 14 September 2017 the compromise text for a proposal relating to European venture capital funds (EuVECAs) and European social entrepreneurship funds (EuSEFs).

EPRS: Briefing, September 2017: Reviving risk capital: The proposal to amend EuVECA and EuSEF http://www.europeansources.info/record/reviving-risk-capital-the-proposal-to-amend-euveca-and-eusef/

EPRS: At a Glance, September 2017: Amending the EuVECA and EuSEF Regulations http://www.europeansources.info/record/amending-the-euveca-and-eusef-regulations/

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