SME Chamber

Interreg MED Funding Programme 2014-2020

GRTU representative Elaine Zammit has this week attended an information session focusing on the Interreg MED funding programme 2014-2020.

The Interreg MED funding programme is aimed to:

  • support the sharing of experiences, knowledge and improvement of public policies between national, regional and local authorities and other territorial actors of the MED area eligible regions.

  • Contribute to the long-term development of the Mediterranean area.
  • Strengthen transnational cooperation between regions and participating countries.

It will also focus on 4 priority axis of which 3 can be accessed by private entities and SMEs. The priorities axis are as followed:

Priority Axis 1: Promoting Mediterranean innovation capacities to develop smart and sustainable growth

This priority axis targets projects based on blue growth, green growth, creative and cultural industries and social innovation. Projects under this category will increase transnational activity of innovative clusters and network of key sectors of the MED area.

 

Priority Axis 2: Fostering low-carbon strategies and energy efficiency in specific MED territories: cities, islands and rural areas

This priority axis will focus on projects targeting energy efficiency in public buildings to raise capacity for better management of energy in public buildings at transnational level, renewable local energy sources to increase the share of renewable local energy sources in energy mix strategies and plans in specific MED territories and sustainable urban transport to increase capacity to use existing low carbon transport systems and multimodal connections among them.

 

Priority Axis 3: Protecting and promoting Mediterranean natural and cultural resources

This priority axis centres projects that target coastal and maritime sustainable tourism to enhance the development of a sustainable and responsible coastal and maritime tourism in the MED area and projects that focus on the management and networking of protected areas to maintain biodiversity and natural ecosystems through strengthening the management and networking of protected areas.

 

Priority Axis 4: Enhancing Mediterranean Governance

Projects under this category can only be submitted by the Government to support the process of strengthening and developing multilateral coordination frameworks in the Mediterranean for joint responses to common challenges.

Before an entity can consider applying for this programme, it is essential that certain minimum requirement are met. Such as the size of the partnership— at least 4 financing partner from 4 different countries must be included in the project. Additionally 3 of these partners must be located in the union part of the Interreg MED Programme area.

 

Project Budget — the budget must be structured according to the following budget lines:

  • Staff costs (max. 40% of project total eligible budget)
  • Office and administrative expenditure (15% of eligible staff costs)
  • Travel and accommodation costs
  • External expertise and services costs
  • Equipment expenditure

 

The deadline for this application is on 2nd November 2015 at noon.

For further information and steps on how to apply, kindly visit: http://interreg-med.eu

 

 

 

 

 

 

 

 

 

 

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