Description
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.