The European Commissioner for Regional Policy, Corina Crețu has approved the 2014- 2020 investment programme for transnational cooperation in the Baltic Sea Region as one of the first of altogether 16 transnational cooperation programmes in the European Union. This decision, taken on 18 December 2014 is the final step of a preparation process of more than two and a half years. It means that funds can now be committed to projects. The first call for project concept notes is already open.
Strong focus on results
“In comparison to the last funding period, project owners are expected to speak to their target groups much earlier about how to make best use of project results”, says Susanne Scherrer, head of the Managing Authority and Joint Secretariat. “We need to prove that EU funds create added value even if real effects of cooperation may be measurable only in the long run.” Project developers in the Baltic Sea region are therefore expected to be precise about who will benefit from the project, and who are the decision makers among authorities, enterprises, and other organisations implementing the results?
Fresh funds to strengthen innovation, transport links, and sustainable development
The overall objective of the Programme is to strengthen the integrated territorial development and cooperation for a more innovative, better accessible and sustainable Baltic Sea Region. With € 263.8 million funding from the European Regional Development Fund, the Programme is ready to support more than 100 cooperation projects throughout the next six years. The programme funds will also contribute to financing flagship actions and players of the EU Strategy for the Baltic Sea Region.
- Capacity for innovation - € 84 million
- Management of natural resources - € 84 million
- Sustainable transport - € 66 million
- EUSBSR support - € 14 million
- Technical Assistance - € 21 million
Cooperating all around the Baltic Sea
The EU member states Denmark, Estonia, Finland, Latvia, Lithuania, Poland, Sweden and northern parts of Germany will participate, as well as the partner country Norway that provides additional € 6 million. From the European Neighbourhood Instrument, € 8.8 million were set aside to finance cooperation with Belarusian and Russian partners. These funds will be released upon signing bilateral Financing Agreements between the European Commission and the respective partner country.
Learn more about the Programme
Applicants and others interested in the Programme are invited to read the descriptions of funding priorities and the Programme Manual to learn more about what will be co-financed and how the processes are set-up: