Gobierno de España. Ministerio de Hacienda Y Función Pública Secretaría General de Presupuestos y Gastos
Unión Europea

Purpose of the financial contribution of the ERDF

ERDF funding is intended to further the process of convergence among less developed regions by making businesses more competitive. This is important because it can account for up to 80% of total aid granted, allowing it to be channelled into projects (especially those using advanced technology) which, because of their location and use of local resources, can act as a driving force for regional development.

The Operational Programmes pay special attention to small and medium-sized companies which are considered to be the ones that may be adapted to create a sound base which will permit the proper development of the productive fabric.