EU Regional Policy is an investment policy, which means it finances projects throughout Europe which support job creation, competitiveness, economic growth, improved quality of life and sustainable development.
The European Union (EU) comprises 27 Member States forming a community of 271 regions and single market of 493 million citizens.
However, there are a lot of disparities among all EU regions not only on economic and social level but also regarding infrastructure, unemployment, innovation, technological development, environment, social inclusion and many more.
European Cohesion Policy is at the Centre of EU regions' development aiming to reduce economic and social disparities across EU member states.
Cohesion Policy targets all regions and cities in the European Union in order to support job creation, business competitiveness, economic growth, sustainable development and improve citizens’ quality of life.Cohesion Policy encourages regions and cities from different EU Member States to work together and learn from each other.
Potential beneficiaries include public bodies, enterprises (especially SMEs), universities, associations, NGOs and voluntary organisations.
Cohesion Policy has responded quickly and effectively to the crisis with a vital degree of flexibility – redirecting funding where it is most needed and investing in key sectors for growth and job creation.
EU cohesion policy contributes to the fight against coronavirus with numerous projects all over Europe. Project beneficiaries have quickly reacted to the sanitary and socio-economic emergency situation using cohesion policy funds to adjust their resources and/or propose solutions.
Cohesion Policy targets all regions and cities in the European Union in order to support job creation, business competitiveness, economic growth, sustainable development and improve citizens' quality of life.
Α Smarter Europe, through innovation, digitisation, economic transformation and support to small and medium-sized businesses.
Α Greener, carbon free Europe, implementing the Paris Agreement.2
Α more Connected Europe, with strategic transport and digital networks3
Α more Social Europe, supporting quality employment, education, skills, social inclusion and equal access to healthcare4
Α Europe closer to citizens, by supporting locally-led development strategies and sustainable urban development across the EU.5
So far, the EU's Cohesion Policy focused on several areas including all aspects of EU's citizens' life.
Take part in our Competition and win valuable gifts!
Post a photo of a project funded through the Cohesion Policy using the #buildingabettereurope or tag the account @buildingabettereurope. Competition valid from January 28th until Juny 30th 2021.
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