EU Funding and Procedures

Maybe this is a news for you, however since years, the European Union provides funding for a broad range of projects and programs covering areas such as: regional & urban development, agriculture & rural development, maritime & fisheries policies, research & innovation. For some kind of investments and activities, it really create an opportunity and makes it easier.

Funding is managed according to strict rules to ensure there is tight control over how funds are used and that the money is spent in a transparent, accountable manner. Most of the funding is managed within the beneficiary countries, responsibility for conducting checks and annual audits lies with national governments. For the majority of funds, over the 76% of the EU budget, it is managed in partnership with national and regional authorities through a system of "shared management".

It is important then to be aware of all the potential options and possibilities before doing the investment, planning it all. This is why it is always necessary to ask to a professional before acting.

Small businesses can obtain EU funding through grants, loans and guarantees, as also young people for co-funding of projects which encourage civic involvement, volunteer work and a broader multicultural outlook, however research and innovation (2014/2020, €80bn), usually in the form of grants, to part-finance a broad range of research projects.

The most interesting, especially for person considering to buy a property abroad, or investing their saving, it is surely the funding related to farmers & rural businesses. Most farmers in the European Union are eligible for direct income-support payments. Around a third of these are given in return for green farming practices (maintaining permanent grassland, crop diversification, etc.). Farmers also receive money based on the amount of land they hold – again in return for employing eco-friendly farming methods that preserve biodiversity, soil and water quality and keep emissions low. European Union funding also helps farmers train in new techniques and upgrade or restructure their farms. And it is also applied more broadly to improve life in rural areas, by creating jobs and providing basic services. In addition, under rural development, young farmers can benefit from specific support for setting-up their business as well as from higher support rates for investment they make in the business.

Contact Us to obtain further advice on get funding from the European Union.

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