EP approves a pilot project on innovative financing for the New European Bauhaus initiative
date: 27/11/2023
Last week members of the European Parliament approved the pilot project that aims to improve the financing of NEB initiatives in the smallest municipalities and regions that have more difficulties in accessing funds. This pilot project has a budget of 1.45 million euros for its two years of development and will be implemented by the European Commission in partnership with the Committee of the Regions. The project was promoted by MEP Marcos Ros Sempere.
The project entails the implementation of:
✅ a NEB Financing Advisory Centre that will help bring together promoters and local projects in search of funds
✅ a support scheme to develop small-scale NEB projects on a local and regional level
Stay tuned for this new project kick off in Q1 2024.