EU funds

Which way to get funds?

Many companies have a business idea and know what they want to invest their resources in. Funds in tenders are allocated for previously designed projects. It is necessary to turn the idea into a project in such a way that it is representative of the distributors of the project funds. We help you turn your intention into a project that has worked out results, goals, budget, activities and implementation risks.

Applying for EU funds consists of the following steps

I

Selection of the appropriate tender

II

Analysis of the project idea

III

Application to the competition

IV

Creation and preparation of project documentation

V

Creation of an investment study

Five large Structural and investment funds

Sources of financing

European Regional Development Fund (ERDF)

Regional and urban development

European Social Fund (ESF)

Social inclusion and good governance

Cohesion Fund (CF)

Economic convergence of less developed regions

European Agricultural Fund for Rural Development (EPFRR)

European Maritime and Fisheries Fund (EMFF)

Funding with EU funds

The EU funds a wide range of projects and programs in areas such as:

  • regional and urban development
  • employment and social inclusion
  • agriculture and rural development
  • maritime and fisheries policy
  • research and innovation
  • humanitarian aid

Asset management

The funds are managed according to strict rules to tightly monitor their use and ensure that the money is spent in a transparent and accountable manner.

A group of 28 EU commissioners has the ultimate political responsibility for ensuring the proper use of these funds. However, since most of the funds are managed in the beneficiary countries, the responsibility for carrying out checks and annual audits rests with national governments.

More than 76% of the EU budget is managed in partnership with national and regional authorities through a shared management system, mainly with the help of the five major Structural and Investment Funds. These funds contribute to the implementation of the Europe 2020 strategy.

European Regional Development Fund (ERDF) – regional and urban development

European Social Fund (ESF) – social inclusion and good governance

Cohesion Fund (CF) – economic convergence of less developed regions

European Agricultural Fund for Rural Development (EPFRR)

European Agricultural Fund for Rural Development (EPFRR)

Other funds are directly managed by the EU and are provided in the form of:

  • grants for special projects related to EU policies, usually based on the so-called calls for the submission of proposals; the funds come partly from the EU and partly from other sources.
  • contracts awarded by EU institutions for the procurement of services, goods or works that they need for their work, e.g. preparation of studies, training, organization of conferences, IT equipment; contracts are awarded on the basis of invitations to tender.

Recipients of contracts, grants or aid intended for third countries are published online.