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INTERREG IIIC
The INTERREG IIIC programme is one of
the three strands of the European Community Initiative INTERREG III, which is is designed
to strengthen economic and social cohesion in the European Union (EU) by promoting
cross-border (strand A), trans-national (strand B) and interregional (strand C) co-operation.
The INTERREG IIIC allows regions without joint borders to work together in common
projects and develop networks of co-operation. The overall aim is to improve the effectiveness
of regional development policies and instruments through large-scale information exchange
and sharing of experience (networks) in a structured way.
ERDF
The ERDF (European Regional Development
Fund) is intended to help reduce imbalances between regions of the Community. The
Fund was set up in 1975 and grants financial assistance for development projects in
the poorer regions. In terms of financial resources, the ERDF is by far the largest
of the EU's Structural Funds.
SMEs Since 1 January 2005, the European Union
is adopting a new definition for SMEs (small and medium-sized enterprises): “To be
recognised as an SME, a business must comply with the staff thresholds and the thresholds
for either the balance-sheet total or the turnover:
- Medium-sized enterprises have between 50 and 249 occupied persons. The turnover threshold will be raised to 50 million and the threshold for the balance-sheet total to 43 million; - Small enterprises have between 10 and 49 occupied persons. The turnover threshold and the balance-sheet total will be raised to 10 million. - Micro-enterprises have fewer than 10 occupied persons. A threshold of 2 million for the turnover and the balance-sheet total will be introduced EU The European Union (EU) is a family
of democratic European countries, committed to working together for peace and prosperity.
It is not a State intended to replace existing states, but it is more than any other
international organisation. Its Member States have set up common institutions to which
they delegate some of their sovereignty so that decisions on specific matters of joint
interest can be made democratically at European level.
Lead partner The lead partner has fully financial
responsibility for the entire operation including all partners and is responsible
for the proper reporting of progress to the respective Joint Technical Secretariat
as also stipulated in the subsidy contract.
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