Matched Funding by the Financial Intermediary

Working Party on the Complementary Financing of Industrial Cooperation

This provides additional financing opportunity for banks.

Top-up” funding without proper justification;

Complementary financing shall be ensured by the Member State up to 50 % of the costs not covered by the Community funding.

Complementary financing shall be ensured by the Member State up to 50 % of the costs not covered by the Union funding.

If necessary, the Government will provide additional funds.

If necessary, further funding is to be provided by the state.

Europe could turn out to be a vital source of funding.

The Support Programme aims to provide this extra assistance.

Contractor: Company for additional financing for infrastructures (Sofico)

Because this is a suicidal way of funding banking activities.

If the Company is unsuccessful at obtaining additional financing

Because this is a suicidal way of funding banking activities.

Member States may grant additional financing for the implementation of POSEI programmes.