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European Territorial Cooperation Objective
This objective is aimed at strengthening cross-border, transnational and interregional cooperation based on the old INTERREG initiative and financed by the European Regional Development Fund (ERDF).
Cooperation is based around research, development, the information society, the environment, risk prevention, and integrated water management. Eligible regions are those at NUTS III level which are situated along EU internal land borders, external land borders and certain regions situated along maritime borders separated by a maximum of 150 km.
In the case of networks geared to cooperation and exchanges of experience, the entire territory of the EU is eligible. The ceiling for EU co-financing is 75% of public expenditure.