EU regional policy is an investment policy. It supports job creation, competitiveness, economic growth, improved quality of life and sustainable development. These investments support the delivery of the Europe 2020 strategy. EU regional policy is financed by three main funds, which can be used under some or all of the regional policy objectives; European Regional Development Fund, European Social Fund and Cohesion Fund.

Instrument for Pre-Accession Assistance (IPA) replaces a series of European Union programmes and financial instruments for candidate countries or potential candidate countries

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Northern Periphery Programme

The  Northern Periphery and Arctic 2014-2020 (NPA) forms a cooperation between 9 programme partner countries. The NPA 2014-2020 is part of the European Territorial Cooperation Objective, supported by the European Regional Development Fund (ERDF) and ERDF equivalent funding from non EU partner countries.


NordForsk is an organisation under the Nordic Council of Ministers that provides funding for Nordic research cooperation as well as advice and input on Nordic research policy.

Baltic Sea Region Programme 2014-2020

The Interreg Baltic Sea Region Programme 2014-2020 supports integrated territorial development and cooperation for a more innovative, better accessible and sustainable Baltic Sea region. Partners from countries around the Baltic Sea work together in transnational projects on common key challenges and opportunities.