Shaping the projects. Achieving results

Lessons learned from the EU funding period

2007-2013 and plans for 2014-2020

Andrius Šiaudinis, LLM, PMPa.siaudinis@peritus.lt

Our competences cover:

European Union Funds Public private partnerships (PPPs) Public procurement management Economic, legal and strategic research Investment project management Project management (PMBOK)

work principles

we are gathering the best experience having people from both public and private sectors for each project to meet your unique needs

give us your problem – we will give you the team, which will solve it

About PERITUS

2007-2013 funding priorities

EU Structural Funds for Lithuania -

6,7 billion EUR

NB: ~3,1 billion targeted to business sector

2007-2013 absorption

Source: EC, June 2013

EU funds: myth or reality• Funds are allocated only to large companies ?

• To get EU Funding you need to know someone important ?

• Process is too bureaucratic ?

• Major EU Funding goes to agriculture ?

• Funds are allocated to silly projects ?

“Interesting” examples

• Delegation of members of the ruling party used the EU money of municipality to go to Belarus on a hunting trip

Belgian city of Charleroi

• Business training trip for students around Black see: Bulgaria, Romania, Ukraine, Russia, Turkey (30 students, 4 groups, 12 day trips)

Lithuanian Business Employers' Confederation

The unions announced that they would carry out around 300 different training programmes, but in reality the programmes were aborted at conception or never paid for

Italian trade unions in Abruzzo

“Interesting” examples• Company received grants worth €600,000 from the European Social Fund. The company was meant to train unemployed people to become security personnel for railway companies. However, it was revealed that the company had consistently falsified invoices, school degrees, wage certificates and other documents in order to get the grants.

Netherlands

More than £6 million in EU funds has been reallocated by the regional government, from building infrastructure to pay for promotional branding for the football team

Italy, Calabria

European Structural Fund grant was given to a “café-burger van”, whose owner is meant to tour the country for the purpose of teaching builders about sustainable development

South East England

Success stories

Success stories

2014-2020 funding priorities

Budget for LT – 6 ,8 billion EUR

Better use of EU Funds

Innovative financial instruments vs. grants:

• Term “innovative” differentiates financial instruments from pure grants

• Financial instruments cannot replace grant funding but complement it

• Repayable support to projects through equity, loans and guarantees to financial intermediaries that provide lending to e.g. SMEs, infrastructure

project companies, people in risk of social exclusion, or

• Risk sharing with financial intermediaries in order to increase the leverage

NB: Only 1.3% of the current EU budget is implemented through financial instruments

Increasing SME competitiveness

• Promote new start-ups;

• Promote SME internationalization;

• Promote innovations in SMEs.

Useful sources

• www.esparama.lt

• www.finmin.lt

• www.ukmin.lt

Upcoming related events

CONFERENCE

“THE POSSIBILITIES OF COMBINING PPPS AND EU FUNDS”

NOVEMBER 8TH, 2013, VILNIUS, LITHUANIA

REGISTER at:

http://pppconference.eventbrite.co.uk/

UAB “Peritus sprendimai”Vokiečių g. 28/17-16, Vilnius

t +370 (5) 2 100 000 f +370 (5) 2 784 389

www.peritus.lt a.siaudinis@peritus.lt

European Union Funds Public private partnerships (PPPs) Public procurement management Strategic research Investment project management Project management (PMBOK)

Shaping the projects. Achieving results.