Ex-post evaluation 2007-2013: WP3 Financial Instruments

The project comprised an ex post evaluation of the rationale, implementation and early evidence of the effectiveness of financial engineering instruments in the 2007-13 period. The study focusses on the eleven countries where total equity/venture capital exceeds EUR 100 million or where loan and guarantee support exceeds EUR 200 million, plus Denmark where equity/venture capital accounts for a high proportion of spending. The research involves assessing the policy rationales for the instruments as well as the literature to develop typical theories of change for why and how the various instruments work.