# Regulation (EU) 2015/1017 of the European Parliament and of the Council of 25 June 2015 on the European Fund for Strategic Investments, the European Investment Advisory Hub and the European Investment Project Portal and amending Regulations (EU) No 1291/2013 and (EU) No 1316/2013 — the European Fund for Strategic Investments, Article 6: Eligibility criteria for the use of the EU guarantee

Extent: E+W+S+N.I.

1. The EFSI Agreement shall provide that the EFSI is to support projects which address market failures or sub-optimal investment situations and which:
(a) 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;
(b) are consistent with Union policies, including the objective of smart, sustainable and inclusive growth, quality job creation, and economic, social and territorial cohesion;
(c) provide additionality;
(d) maximise where possible the mobilisation of private sector capital; and
(e) are technically viable.
2. 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.

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Source: https://www.legislation.gov.uk/eur/2015/1017/article/6 (the official version)
Page: https://openlegislation.uk/eu-regulation-2015-1017/article-6
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.