Help for immigrants’ employment with risk financing from private investors

Summary:
The Finnish state aims to employ 2,500 immigrants within three years with the help of private investors. If the immigrants are employed, the investors will get their investment back and receive a profit for the investment. The project is supported by the European Fund for Strategic Investments by 10 million euros. Vice-President of the European Commission Jyrki Katainen noted in a press event on Friday that the Fund has reserved altogether 150 million euros for these types of societal projects. This is a very unique project in Europe, and the whole EU is closely following it, he said.

Media:  Helsingin Sanomat
Date: 2.6.2017
Journalist: Juha-Pekka Raeste
Main source: Vice-President of the European Commission Jyrki Katainen

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