Lessons learned from the EU funding period
2007-2013 and plans for 2014-2020

Andrius Šiaudinis, LLM, PMP
a.siaudinis@peritus.lt

Shaping the projects. Achieving results
About PERITUS

Our competences cover:

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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
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:

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

• 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
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.

Lessons learned from 2007 2013 and plans for 2014-2020

  • 1.
    Lessons learned fromthe EU funding period 2007-2013 and plans for 2014-2020 Andrius Šiaudinis, LLM, PMP a.siaudinis@peritus.lt Shaping the projects. Achieving results
  • 2.
    About PERITUS Our competencescover:       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
  • 3.
    2007-2013 funding priorities EUStructural Funds for Lithuania 6,7 billion EUR NB: ~3,1 billion targeted to business sector
  • 4.
  • 5.
    EU funds: mythor 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 ?
  • 6.
    “Interesting” examples • Delegationof 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
  • 7.
    “Interesting” examples • Companyreceived 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
  • 8.
  • 9.
  • 10.
    2014-2020 funding priorities Budgetfor LT – 6 ,8 billion EUR
  • 11.
    Better use ofEU Funds Innovative financial instruments vs. grants: NB: Only 1.3% of the current EU budget is implemented through financial instruments • 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
  • 12.
    Increasing SME competitiveness •Promote new start-ups; • Promote SME internationalization; • Promote innovations in SMEs.
  • 13.
    Useful sources • www.esparama.lt •www.finmin.lt • www.ukmin.lt
  • 14.
    Upcoming related events CONFERENCE “THEPOSSIBILITIES OF COMBINING PPPS AND EU FUNDS” NOVEMBER 8TH, 2013, VILNIUS, LITHUANIA REGISTER at: http://pppconference.eventbrite.co.uk/
  • 15.
    UAB “Peritus sprendimai” Vokiečiųg. 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.

Editor's Notes

  • #6 Atmetimo del 1 ct atveji paminek ZUM tik 30 proc. SF lesu dydzio
  • #7 Atmetimo del 1 ct atveji paminek ZUM tik 30 proc. SF lesu dydzio
  • #8 Atmetimo del 1 ct atveji paminek ZUM tik 30 proc. SF lesu dydzio
  • #9 Atmetimo del 1 ct atveji paminek ZUM tik 30 proc. SF lesu dydzio
  • #10 Atmetimo del 1 ct atveji paminek ZUM tik 30 proc. SF lesu dydzio
  • #11 In the beggining of October there were discussions concerning funding priorities. Final decision hasn‘t still been made. 1 BLN. Lt more than 2013 despinte 33 bln decreas of EU budget
  • #12 Verslo angelai, rizikos kapitalo fondai, invega, dalinis palukanu kompensavimas, dalinis palukanu garantavimas.
  • #13 Promote new start-ups: start-ups financing, social services for new business, consulting, incubators, preferential financing. Promote SME internationalization (including associations and cluster): financing of marketing tools, participation of international event (exhibitions and other), non-technological innovation in representation. Promote innovations in SME: implementation of new technologies, e-commerce, eco-innovations, creation of clusters.
  • #14 Promote new start-ups: start-ups financing, social services for new business, consulting, incubators, preferential financing. Promote SME internationalization (including associations and cluster): financing of marketing tools, participation of international event (exhibitions and other), non-technological innovation in representation. Promote innovations in SME: implementation of new technologies, e-commerce, eco-innovations, creation of clusters.
  • #15 Promote new start-ups: start-ups financing, social services for new business, consulting, incubators, preferential financing. Promote SME internationalization (including associations and cluster): financing of marketing tools, participation of international event (exhibitions and other), non-technological innovation in representation. Promote innovations in SME: implementation of new technologies, e-commerce, eco-innovations, creation of clusters.