Baltic Sea Region Strategy: funding and support

EU funding

An independent analysis of the financial needs linked to the EU Strategy for the Baltic Sea Region was undertaken on behalf of the European Commission.

Although the Strategy does not come with extra EU finance, a considerable amount of funding is already available to the region. This includes several EU regional policy programmes, including the following:

Support is also available from other EU programmes, for example in the following areas:

Research and innovation:

Science and technology
Energy

Environment – LIFE programme
Transport

Lab Group

The Laboratory Group consists of representatives of national administrations, European Commission officials, delegates of the European Territorial Cooperation programmes managed in the Baltic Sea Region and other significant bodies.

It gives advice on how the programmes in the region can best contribute to achieving the Strategy's goals.

The mandate of the Lab Group is set out in a paper produced in 2009 by the INTERACT Point Turku.

For further information and contact details, see the website of the INTERACT Point Turku.

Financial instruments

EU financial instruments may also contribute towards the implementation of the Strategy, including:

JEREMIE - Joint European Resources for Micro to Medium Enterprises
JESSICA - Joint European Support for Sustainable Investment in City Areas
JASMINE - European Commission Initiative to reinforce development of micro-credit in Europe
JASPERS - Joint Assistance to Support Projects in European Regions

International Financial Institutions

The Strategy may also be financed through loans from inter alia: