Article 6 Eligibility criteria for the use of the EU guarantee
United Kingdom
F1The EFSI Agreement shall provide that the EFSI is to support projects which address market failures or sub-optimal investment situations and which:
are economically viable according to a cost-benefit analysis following Union standards, taking into account possible support from, and co-financing by, private and public partners to a project;
are consistent with Union policies, including the objective of smart, sustainable and inclusive growth, quality job creation, and economic, social and territorial cohesion;
provide additionality;
maximise where possible the mobilisation of private sector capital; and
are technically viable.
There shall be no restriction on the size of projects eligible for EFSI support for the operations conducted by the EIB or the EIF via financial intermediaries. In order to ensure that EFSI support also covers small-scale projects, the EIB and the EIF shall, where necessary and to the extent possible, extend cooperation with national promotional banks or institutions and support the possibilities provided, including through facilitating the creation of investment platforms.