EU funds investments: programming period in

„EU funds investments:

programming period in

2014–2020“

PA (5 ESI Funds)

OP (3 Funds)

Identification of

development needs and

growth potential

11 Thematic objectives

Expected results for

2014-2020

Priority axes

Specific

objectives

Operations and

indicators

6 709,3 M EUR

8 385,9 M EUR

Adopted by EC on 20 June

2014

Adopted by EC on 8

September 2014

678,88 244,04 531,60 971,32 837,78 1153,78 728,59 535,83 663,86 150,36 213,35

Distribution of EU cohesion policy funds by OP

priority axes (mln. EUR)

STRENGTHENING RESEARCH AND DEVELOPMENT AND INNOVATION

PROMOTING INFORMATION SOCIETY

PROMOTING COMPETITIVENESS OF SMALL AND MEDIUM-SIZED BUSINESS

PROMOTING ENERGY EFFICIENCY AND PRODUCTION AND USE OF RENEWABLE ENERGY

ENVIRONMENT, SUSTAINABLE USE OF NATURAL RESOURCES AND ADAPTATION TO CLIMATE CHANGE DEVELOPING SUSTAINABLE TRANSPORT AND KEY NETWORK INFRASTRUCTURES

PROMOTING QUALITY EMPLOYMENT AND PARTICIPATION IN THE LABOUR MARKET

PROMOTING SOCIAL INCLUSION AND COMBATING POVERTY

EDUCATING THE SOCIETY AND STRENGTHENING THE POTENTIAL OF HUMAN RESOURCES

SOCIETY-ORIENTED SMART PUBLIC ADMINISTRATION

How changes EU funds investment priorities

in 2014–2020?

Main areas of EU funds investments

in 2007–2013

Main areas of EU funds investments

in 2007–2013

15,20%

16,80%

European social fund

(finances human recourses)

2007-2013 2014-2020

Main areas of EU funds investments Change

Research and development and innovation 2,50% Information society (IT) 0,1% Competitiveness of small and medium-sized business* 3,2% Energy efficiency and production and use of renewable energy (related to low-carbon economy) 7,30% Transport sector (roads, railways, airports etc.) -8,30% Environment sector (water supply, waste management etc.) -4,20% Energy sector (electricity, gas links) 1,20% Employment and social inclusion (European social fund) 1,40% European social fund (which finances human recourses: employment, social inclusion, life-long learning,

education, administrative capacities etc.) 1,60% * Taking into account the funds allocated to financial instruments in 2007–2013 V

The choice of investment priorities

5

How with less resources achieve

more results?

•

CONTINUITY

– creates long-term financing instruments,

independent of the EU funds in the future;

•

RE-USE

– returns from the funds allow more funding for projects;

•

Attraction of

PRIVATE INVESTMENTS;

•

MULTIPLICATOR

of investments – 3-6 times.

Financial periods

EU funds allocated

Funding dedicated to

Financial instruments

2007 – 2013

6 775,5 mln. EUR

427 mln. EUR

(JEREMIE+JESSICA)

2014 – 2020

6 709,3 mln. EUR

427 mln. EUR

+ ?

2021– 2027

?

427 mln. EUR

+ ? + ?

Update: JEREMIE, financed

from ERDF

JEREMIE

Holding Fund

managed by

EIF

~42

m EUR

of EU resources

INVEGA Holding Fund

managed by

INVEGA

~199 m

EUR of EU resources

GUARANTEE

fund

managed by

INVEGA

~37,4

m EUR

of EU resources

Loans

(FRSP)

110

m EUR

Risk capital funds

56,6

mEUR

Portfolio

guarantees

for leasing

6

m EUR

Portfolio

guarantees

(FLPG)

~ 5,3

m EUR

Small

credits

~ 27,5

m EUR

Open

Credit

Fund

~ 51,26

m EUR

SEB bank,

Šiaulių

bank,

Swedbank

BaltCap, LitCapital,

MES Invest,

Practica Capital

SIA

UniCredit

Leasing

Medicinos,

Šiaulių,

Citadele

banks

Medicinos,

Šiaulių,

Citadele,

Finasta

banks

Šiaulių

bank,

Nordea

bank

771 loans

~85

m EUR*

2707 guarantees

~227,6 m EUR

(guarantee amount)

72 investments

~27,31 m

EUR*

Baltic Innovation Fund

*: EU resources

907

loans

~51,34

m EUR

461

loans

~47

m

EUR*

142

leases

~2,32 m

EUR*

404

loans

~8,5 m

EUR*

Update: JEREMIE, financed

from ESF

Entrepreneurship promotion fund

(holding fund)

managed by

INVEGA

~14,48 m

EUR

Micro-credits along with training

~ 14,48

m EUR

Consorcium of Credit unions

●

1017

loans issued

●

~EUR 14,4m

disbursed

●

4205

persons participated in trainings

●

1758

new working places established

Update: JESSICA, financed

from ERDF

JESSICA Holding Fund, managed by EIB, 227 MEUR (127 MEUR of EU resources)

Date

Financial

intermediary

Date

Contracted

amount

(MEUR)

Agreements

signed with

the final

beneficiaries

(MEUR)

Disbursed to

the final

beneficiaries

(MEUR)

1st Call

December

2009

Šiaulių bankas

May 2010

18

8

8

Swedbank

September

2010

30

22,2

15,4

SEB

February 2011

6

3,7

2,1

2nd Call

June 2010

Šiaulių bankas

November

2010

3

3

2,4

3rd Call

January 2012

VIPA/CPVA

July 2013

20

11,2

0

4th Call

May 2013

VIPA/CPVA

August 2013

20

12

0,6

Šiaulių bankas August 2013

40

54

12,2

SEB

Ongoing

0

0

0

EX ANTE ASSESSMENTS

Business ex ante

assessment

To be ended by

2014 12 15

Identified market gap:

~ 360 m EUR

JEREMIE

EIB pilot Jessica

evaluation study

2014–2020

submitted to EC on

2014 05

Public

infrastructure ex

ante assessment

To be ended by

2014 12 31

Identified market gap:

~2 819 m EUR

Energy efficiency

ex ante assessment

To be ended by

2014 11 01

Identified market gap:

~1 222 m EUR

11

Ex ante

conditionalities

(Article 19(2) of the CPR)

- Where the applicable ex ante conditionalities are not fulfilled at

the date of submission of the Partnership Agreement and

programme, the programme shall contain a description of the

actions to be taken, the bodies responsible and the timetable for

their implementation.

- Member States shall fulfil applicable ex ante conditionalities

not later than 31 December 2016.

Fulfilled

Partially

fulfilled

Non-fulfilled

In total

General

ex ante

conditionalities

6

-

1

7

Thematic

ex ante

conditionalities

14

6

4

24

Partially-fulfilled thematic

ex ante conditionalities

EX ANTE CONDITIONALITIES

ACTION TO BE TAKEN

BODIES

RESPONSIBLE

FOR

FULFILMENT

DEADLINE

1.1.

Research and innovation .

The existence of a

national or regional smart specialisation strategy .

Preparation of action plans for the

Research and (Socio-Cultural)

Development and Innovation Priority

implementation.

Ministry of

Education and

Science and Ministry

of Economy

2015-01-01

1.2

Research and innovation infrastructure:

The

existence of a multi-annual plan for budgeting and

prioritisation of investments.

2.2

Next Generation Network (NGN) Infrastructure

:

The existence of national or regional NGN Plans.

To adopt the investment model and a

next generation access (NGA) plan.

Ministry of Transport

and Communication

2014-09-01

9.1. The existence and the implementation of a

national strategic policy framework for poverty

reduction.

To adopt the Internal Procedures Guide

of the Structural Support Policy

Division.

Ministry of Social

Security and Labor

2014-10-01

9.2. A national Roma inclusion strategic policy

framework is in place.

To adopt National Roma Integration

EX ANTE

CONDITIONALITIES

ACTION TO BE TAKEN

BODIES

RESPONSIBLE

FOR

FULFILMENT

DEADLINE

10.1. Early school leaving: The existence of a strategic policy framework to reduce early school leaving (ESL).

To adopt the action plan covering measures for better accessibility of inclusive education, provision of high quality integrated education support for children with special education needs and their families, better

inclusion of drop-outs or early school leavers, expansion of use of gesture language, etc.

Ministry of Education and Science

2014-10-01

(FULFILLED)

10.2. Higher education: The existence of a national or regional strategic policy

framework for increasing tertiary education attainment, quality and efficiency.

To adopt the recommendations for Lithuanian higher educations concerning the measures of equality of women and men and the gender imbalances in certain academic

subjects.

2015-01-01

10.3. Lifelong learning (LL): The existence of a national and/or regional strategic policy framework for lifelong learning.

To adopt the Action Plan for the Development of Informal Education for Adults 2014–2016; To adopt the Action Plan for the Development of Vocational Education and Training 2014-2016

2014-09-01

(FULFILLED)

Partially-fulfilled thematic

ex ante conditionalities

Non-fulfilled thematic

ex ante conditionalities

EX ANTE CONDITIONALITIES

ACTION TO BE TAKEN

BODIES

RESPONSIBLE

FOR

FULFILMENT

DEADLINE

7.1. Transport: The existence of a comprehensive plan or plans or framework or frameworks for transport

investment in accordance with the Member States’ institutional set-up (including public transport at regional and local level).

To adopt the National Transport Development Programme 2014– 2022;

To adopt action plan for the

implementation of the measures/the project pipeline.

Ministry of

Transport and

Communication

2015-01-01

7.2. Railway: The existence within the comprehensive transport plan or plans or framework or frameworks of a specific section on railway development in accordance with the Member States’ institutional set-up (including concerning public transport at regional and local level).

7.3. Other modes of transport, including inland-waterways and maritime transport, ports, multimodal links and airport infrastructure: the existence within the comprehensive transport plan or plans or framework or frameworks

7.4 Development of smart energy distribution, storage and transmission systems. The existence of a comprehensive plan for investments in smart energy infrastructure and regulatory measures, which contribute to improving energy efficiency and security of supply.

To adopt the National action plan for implementation of the electricity and natural gas transmission

infrastructure projects.

Ministry of Energy

2014-09-01

(FULFILLED)

10.4 Vocational education and training: The existence of a national and/or regional strategic policy framework for increasing the quality and efficiency of VET systems .

To adopt the Action Plan for the development of Vocational

Education and Training 2014–2016

Ministry of Education and Science

2014-09-01

General

ex ante

conditionalities

EX ANTE CONDITIONALITIES

ACTION TO BE TAKEN

BODIES

RESPONSIBLE

FOR FULFILMENT

DEADLINE

PARTIALLY-FULFILLED

The existence of arrangements for the

effective application of Union

environmental legislation related to EIA

and SEA.

To adopt the action plan for

capacity development of EIA and

SEA 2015-2020.

Ministry of

Smart specialization

The Programme on the Implementation of the Priority Areas of Research

and (Socio-Cultural) Development and Innovation (Smart Specialisation)

and their Priorities was approved on the 30th of April, 2014 by the

Resolution of the Government of the Republic of Lithuania No 411.

Priority areas of RDI in Lithuania

•

Energy and sustainable environment

•

Inclusive and creative society

•

Agro-innovation and food technologies

•

New production processes, materials and technologies

•

Health- and bio-technologies

Smart specialization priority

fields and priorities (1)

Energy and sustainable

environment

- Smart systems for energy efficiency, diagnostic, monitoring, metering

and management of generators, grids and customers.

- Energy and fuel production using biomass/waste and waste treatment,

storage and disposal.

- Technology for the development and use of smart low-energy buildings

– digital construction.

- Solar energy equipment and the use of electricity, heat and cool production

Technology.

Health technologies

and biotechnologies

- Molecular technologies for medicine and biopharmaceutics.

- Advanced applied technologies for individual and public health.

- Advanced medical engineering for early diagnostics and treatment.

Inclusive and

creative society

- Modern self-development technologies and processes promoting

formation of creative and productive individuals.

- Technologies and processes for the development and implementation of

breakthrough innovations.

Smart specialization priority

fields and priorities (2)

- Photonic and laser technologies.

- Functional materials and coatings.

- Structural and composite materials.

- Flexible technological systems for product development and fabrication.

Novel production

processes, materials

and technologies

- Safer food.

- Functional food .

- Innovative development, improvement and processing of biological raw

materials (biorefinery).

Agro-innovations and

food technologies

Transport, logistics,

information and

communications

technology (ICT).

- Smart transport systems and ICT .

- Technologies/models for the international transport corridors’

management and integration of modes of transport .

- Advanced electronic content, content development technologies and

information interoperability.