The Increase of the Availability of Financial Resources for Micro, Small and Medium-sized Enterprises of the Kuyavian-Pomeranian Voivodeship in the years 2007-2013 through JEREMIE Holding Fund

JEREMIE (Joint European Resources for Micro-to-Medium Enterprises) is a non-subsidized mechanism for the support of micro, small and medium-sized enterprises. It is a joint initiative of the European Commission, European Investment Bank (EIB) and the European Investment Fund (EIF), which is based up...

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Main Authors: Andrzej Tokarski, Maciej Tokarski
Format: Article
Language:English
Published: WSB University in Torun 2013-12-01
Series:Torun Business Review
Subjects:
Online Access:https://tbr.wsb.torun.pl/index.php/journal/article/view/232
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author Andrzej Tokarski
Maciej Tokarski
author_facet Andrzej Tokarski
Maciej Tokarski
author_sort Andrzej Tokarski
collection DOAJ
description JEREMIE (Joint European Resources for Micro-to-Medium Enterprises) is a non-subsidized mechanism for the support of micro, small and medium-sized enterprises. It is a joint initiative of the European Commission, European Investment Bank (EIB) and the European Investment Fund (EIF), which is based upon revolving financial instruments. The concept of the creation of the initiative was to fill the financial gap in the scope of the financial instruments for the support of the MSMEs sector and to increase the supply of capital, including the risk capital for the enterprises, particularly for the smallest ones which conduct their business activities at the regional level. Contrary to European means, the aid offered within JEREMIE is not a direct refinancing in its nature, The aim of this paper is to present the essence of the JEREMIE initiative, the benefits which it offers for the enterprise in Poland, with special attention paid to the possibility of increasing the MSME sector financing. The analysis was based on data relating to the construction and use of JEREMIE distribution in the Kujavian-Pomeranian region. In the 2014-2020 financial framework proposal, the Jeremie initiative is to be continued and the funds available for its implementation are set to increase, compared to the financial framework 2007-2013.
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spelling doaj.art-9304c094bed14d29af52ae6d6fba41492022-12-22T01:29:07ZengWSB University in TorunTorun Business Review1643-81752451-09552013-12-01121295112174The Increase of the Availability of Financial Resources for Micro, Small and Medium-sized Enterprises of the Kuyavian-Pomeranian Voivodeship in the years 2007-2013 through JEREMIE Holding FundAndrzej Tokarski0Maciej Tokarski1WSB University in Torun ul. Młodzieżowa 31a 87-100 ToruńWSB University in Torun ul. Młodzieżowa 31a 87-100 ToruńJEREMIE (Joint European Resources for Micro-to-Medium Enterprises) is a non-subsidized mechanism for the support of micro, small and medium-sized enterprises. It is a joint initiative of the European Commission, European Investment Bank (EIB) and the European Investment Fund (EIF), which is based upon revolving financial instruments. The concept of the creation of the initiative was to fill the financial gap in the scope of the financial instruments for the support of the MSMEs sector and to increase the supply of capital, including the risk capital for the enterprises, particularly for the smallest ones which conduct their business activities at the regional level. Contrary to European means, the aid offered within JEREMIE is not a direct refinancing in its nature, The aim of this paper is to present the essence of the JEREMIE initiative, the benefits which it offers for the enterprise in Poland, with special attention paid to the possibility of increasing the MSME sector financing. The analysis was based on data relating to the construction and use of JEREMIE distribution in the Kujavian-Pomeranian region. In the 2014-2020 financial framework proposal, the Jeremie initiative is to be continued and the funds available for its implementation are set to increase, compared to the financial framework 2007-2013.https://tbr.wsb.torun.pl/index.php/journal/article/view/232financial barriers, micro, small and medium-sized enterprises (MSMEs)European fundsThe JEREMIE initiative in financing of micro, small and medium enterprises
spellingShingle Andrzej Tokarski
Maciej Tokarski
The Increase of the Availability of Financial Resources for Micro, Small and Medium-sized Enterprises of the Kuyavian-Pomeranian Voivodeship in the years 2007-2013 through JEREMIE Holding Fund
Torun Business Review
financial barriers, micro, small and medium-sized enterprises (MSMEs)
European funds
The JEREMIE initiative in financing of micro, small and medium enterprises
title The Increase of the Availability of Financial Resources for Micro, Small and Medium-sized Enterprises of the Kuyavian-Pomeranian Voivodeship in the years 2007-2013 through JEREMIE Holding Fund
title_full The Increase of the Availability of Financial Resources for Micro, Small and Medium-sized Enterprises of the Kuyavian-Pomeranian Voivodeship in the years 2007-2013 through JEREMIE Holding Fund
title_fullStr The Increase of the Availability of Financial Resources for Micro, Small and Medium-sized Enterprises of the Kuyavian-Pomeranian Voivodeship in the years 2007-2013 through JEREMIE Holding Fund
title_full_unstemmed The Increase of the Availability of Financial Resources for Micro, Small and Medium-sized Enterprises of the Kuyavian-Pomeranian Voivodeship in the years 2007-2013 through JEREMIE Holding Fund
title_short The Increase of the Availability of Financial Resources for Micro, Small and Medium-sized Enterprises of the Kuyavian-Pomeranian Voivodeship in the years 2007-2013 through JEREMIE Holding Fund
title_sort increase of the availability of financial resources for micro small and medium sized enterprises of the kuyavian pomeranian voivodeship in the years 2007 2013 through jeremie holding fund
topic financial barriers, micro, small and medium-sized enterprises (MSMEs)
European funds
The JEREMIE initiative in financing of micro, small and medium enterprises
url https://tbr.wsb.torun.pl/index.php/journal/article/view/232
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