Special provisions concerning the Risk-Sharing Finance Facility (RSFF)

Decision No 1982/2006/EC of the European Parliament and of the Council of 18 December 2006 concerning the Seventh Framework Programme of the European Community for research, technological development and demonstration activities (2007-2013)#Statements by the Commission · European Union

The indicative budgets for the ‘Cooperation’ and ‘Capacities’ programmes include contributions to the European Investment Bank (EIB) for the constitution of the RSFF referred to in Annex III. The Council decisions adopting the contributing specific programmes will establish, inter alia, the implementing arrangements under which the Commission will decide on the reallocation to other activities of the Framework Programme of the Community contribution to the RSFF and the income it generates that are not used by the EIB. The Seventh Framework Programme will contribute an amount of up to EUR 500 million to the RSFF until 2010. For the period 2010-2013, there will be the possibility to release up to an additional EUR 500 million following the evaluation of the European Parliament and the Council in accordance with the procedure set out in Article 7(2) of this Decision on the basis of a report by the Commission containing information on the participation of SMEs and universities, the fulfilment of the Seventh Framework Programme selection criteria, the kind of projects supported and the demand for the instrument concerned, the duration of the authorisation procedure, the project results, and the funding distribution. The amount made available out of the Seventh Framework Programme is to be matched by an equivalent amount from the EIB. It will come from the ‘Cooperation’ programme (up to EUR 800 million by proportional contribution of all thematic priorities, except socio-economic sciences and humanities) and the ‘Capacities’ programme (up to EUR 200 million from the research infrastructure line). The amount will be made available progressively to the EIB taking account of the level of demand. In order to ensure a rapid launch with a critical mass of resources, an amount in the order of EUR 500 million will be progressively allocated in the budget for a period up to the interim evaluation of the Seventh Framework Programme, referred to in Article 7(2) of this Decision.

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Source: EUR-Lex (Cellar) · retrieved 2026-11-04 · Text as adopted (Official Journal); later amendments are not incorporated in this text.