Topic 4 EU Funding Framework

EU based on business development and activity provides a large number of financing programs depending on the different needs of different organisations, institutions and companies. They are divided into two forms.

Direct Funding

Indirect Funding

Direct Funding

⮚Provided through European institutions

⮚It is divided into two types

Grant

Contract

Grant

  • Offered in specific projects based on certain conditions called eligibility criteria.
  • Application through public announcement, entitled “Call for proposals”

Contract

  • Mainly designated by the EU institutions
  • The aim is a regular implementation of the actions related to the funded projects

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Indirect Funding

⮚Undertaken by national and regional authorities

⮚Constitutes almost 80% of the budget

⮚Distributed by 5 funds

European Regional Development Fund

European Social Fund

Cohesion Fund

European Agricultural Fund for Rural Development

European Maritime and Fisheries Fund

Funded programs

53 programs concerning topics related to areas such as environment, culture, education, migration, economic and social development.

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