JEREMIE, Joint European REsources for MIcro to medium Enterprises is one of the tools created by the European Commission to improve access to finance for SMEs. Within JEREMIE META Group has prepared a country report for Italy analysing and assessing the financial gap of SMEs in the country and providing the European Investment Fund with a set of recommendations on ad hoc financial tools to close such gap using Structural Funds.  The assessment concerned Italy but also focused on two Regions Piedmont and Marche.
The methodological approach followed consisted in a four step process:
 
  • Evaluation on state of the art for SME finance, both for demand and supply side;
  • Diagnosis of the main SMEs financial gaps and with priority setting;
  • Review of existing financial engineering instruments suitable for adoption to ease the financial gaps;
  • Provision of recommendations and guidelines for actions in favour of SME financing funded by Structural Funds.

Our expert have been engaged in:
 
  • Desk research to review of the state of the art in Italy (loans, equity, guarantees, securitisation, etc.);
  • On-the-field work to collect views of relevant public and private stakeholders and to depict the actual situation for the Italian financial market;
  • Policy advice to design and implement technical/financial solutions to be offered through the Jeremie initiative.


Which is the added value of Jeremie Italy?

Andrea Di Anselmo, Responsible for Jeremie Italy at META Group: “JEREMIE has offered to policy makers a portfolio of recommendations and guidelines on how to use Structural Funds which was extremely targeted to the financial needs of the Italian SMEs and to the request of implementing revolving tools”.

What is the distinctive element of META Group?

Andrea Di Anselmo, Responsible for Jeremie Italy at META Group: “The capability to deliver a portfolio of solutions responding to twofold need of being flexible, to adapt to different territorial specificities, and operational, to facilitate the embedment in the Regional Operational Plans”.