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Frontpage News 2012 Regional development fund

EE0007project story.jpg

Regional development fund

  • The €4.6 million fund for local and regional development in Estonia supports close to 60 projects aimed at enhancing the efficiency and quality of public services at regional and local level.

    Fund intermediary web site (in Estonian)
    Iceland, Liechtenstein and Norway are supporting the Estonian Regional Development Fund with €4.58 million, while the Estonian government provides 1.4% of the fund’s cost.

    The overarching objective of the fund is to contribute to a sustainable and balanced development of the regions of Estonia. Grant support was awarded to 57 projects by local government units and associations, county governments and non-profit organisations and foundations following 2 open calls for project proposal.
    Several of the project promoters cooperate with local and regional authorities in Norway on employee and expert exchanges and cooperation projects.

  • Country:

    Estonia


    Project title:

    Block Grant "Strengthening of local and regional development"

    Case number:

    EE0007

    Priority sector:

    Regional policy and cross-border activities

    Status:

    Concluded

    Type & project assistance:

    Block Grant

    Project duration:

    43 months

    Project cost:

    € 4,633,004

    Grant rate:

    99%

    Grant agreement date:

    29 January 2008

    The purpose of the Fund is to increase the attractiveness and competitiveness of regions and local authorities' administrative capacity, and develop better public services through improved cooperation among regional stakeholders, with the overall objective of contributing to the sustainable and balanced development in the regions of Estonia. Reference is made to the application, dated 29 December, 2006 and subsequent correspondence with the Focal Point dated 14 February, 11 April and 7 September 2007.



    The completed Fund shall include the following activities:

    - Re-granting towards selected sub-projects relating to strengthening the administrative capacity of local authorities and promoting investment, local and regional partnerships and development activities oriented to improve and diversify the local economic and business environment.

    - Fund management including publicity.



    The Intermediary is Enterprise Estonia.



    The Estonian Government shall provide at least 1,39 percent of the estimated eligible costs of the Fund.