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More support for seven other industrial regions

Mar 8, 2018 | News

(07 March 2018) – Today, 7 additional EU regions and Member States have been selected for tailored assistance under the Commission pilot action on industrial transition.

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They include: Cantabria (Spain), Centre-Val de Loire (France), East-North Finland, Grand-Est (France) and Greater Manchester (UK) as well as Lithuania and Slovenia.

The 2 Member States and 5 regions selected today are joining 5 regions that were already selected in December 2017: Hauts-de-France, North-Middle Sweden, Piemonte, Saxony and Wallonia.

Given Tailored assistance will be offered by the Commission services, external experts and the Organisation for Economic Co-operation and Development (OECD) to help prepare for the jobs of the future, broaden innovation, support the transition to a low-carbon economy, encourage entrepreneurship and promote inclusive growth.

Up to €200,000 per region is available from the European Regional Development Fund (ERDF) to cover the costs of external expertise that might be needed to support the work of the regions.

A grant of maximum €300,000 per region, also from the ERDF, will support the early implementation of their regional economic transformation strategies, subject to sufficient progress in their development.

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