The ESF+ Study on Workers’ Buyout, jointly developed by EY, Technopolis Group and T33 for the European Investment Bank, has been recently published. This report aims to provide an overview of the concept of worker buyout (WBO) and create a basis for financial assistance using European Social Fund Plus (ESF+) financial instruments, in tandem with supporting grants.
The report outlines key conclusions and recommendations, covering the identified needs and preconditions for establishing WBO, associated financial implications as well as potential conditions for using ESF+ financial assistance and next steps at EU level.
As a complement to the fi-compass ESF+ study on Workers’ Buyouts, Technopolis also helped produce a series of country reports expanding on the national WBO context. This assessment was conducted through a mapping of the WBO frameworks in France, Spain, Italy and Slovenia and in-depth case studies.
Presenting the results at the fi-compass event
On 9 April, Matthieu Lacave, Group Managing Partner, will attend the ‘Financial instruments for microfinance and workers buyout’ fi-compass conference in Madrid, Spain, where the conclusions and recommendations of the report will be presented.
Organised by the European Commission’s Directorate-General for Employment, Social Affairs and Inclusion (DG EMPL) and the European Investment Bank (EIB), the event will highlight the role of European Social Fund Plus (ESF+) financial instruments and InvestEU products in promoting inclusive economic growth through microfinance and workers’ buyouts.
Read the full report here and the country reports.
Interested in finding out more about the event? Check out the programme.