Interreg Atlantic Area Programme invests EUR 117.3 million in its first call for projects
66,8% of the programme ERDF budget allocated to 45 transnational cooperation projects in the Atlantic region
The Managing Authority of the Atlantic Area Programme signed yesterday the first financing contracts for the 45 projects approved in May 2017 by the Monitoring Committee under the first call, which represents a financial investment of EUR 117.3 million.
The total investment of these projects led by public entities of the five programme Member States (Spain, France, Ireland, Portugal and the United Kingdom) is co-financed by the European Regional Development Fund (ERDF) in EUR 87.9 million. The partnerships of these projects involve public and private entities from 36 Atlantic regions and also institutions from other countries such as Belgium, Germany, Italy, Norway, the Netherlands, Morocco and Canada.
In terms of priorities of investment, 19 projects will invest EUR 46.9 million to stimulate the innovation and competitiveness in the Atlantic regions, 9 projects will invest EUR 25.8 million to support the development of renewable sources of energy, 3 projects will apply EUR 7.5 million in risk management systems and finally 14 projects will invest EUR 36.9 million to enhance biodiversity and the Atlantic natural and cultural assets.
Check here the list of the financed projects by the Atlantic Area Programme.
Published on: 2018-01-16
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