The European Regional Development Fund (FEDER) is part of the economic, social and territorial cohesion policy. Its purpose is to strengthen economic and social cohesion in the European Union by correcting imbalances between its regions. For the 2014-2020 programming period, the France Active network has mobilised the ERDF for financial instruments in several regions (Corsica, Pas-de-Calais, Lorraine and Saint-Martin).
The Region has selected, through a call for tenders, France Active to manage a financial guarantee instrument (FEDER funds). This financial instrument aims to secure, through the granting of guarantees, establishments granting loans to small businesses with less than 50 employees in creation, takeover or development of activity. These companies must be located in the “Politique de la Ville” neighbourhoods of the Nord-Pas-de-Calais region, integrated into ITI zones. France Active Garantie (FAG) and its co-contractors, Nord Actif and Pas de Calais Actif, are responsible for implementing the fund.