Programme in facts

Finalised projects: 90
EUR committed: 215.0 mln
Main project outputs > 280
More facts...

Country specific information

24 seed project applications submitted

As of today, the Seed Money Facility has received 24 applications to set up projects contributing to the implementation of the EU Strategy for the Baltic Sea Region (EUSBSR). The first funding decision about seed projects will be taken in May/June.

Ten priority areas and horizontal actions listed in the EUSBSR are covered by applications submitted to the first decision round: Priority areas Innovation, Energy, Health, Education, SME, Tourism, Bio, Agri, Culture, Transport as well as horizontal actions Neighbours and Sustainable development & bio-economy. Altogether, the EUSBSR action plan lists 17 priority areas and five horizontal actions.

During the first decision in May/June 2013, the Seed Money Committee will allocate a maximum of 650.000 € to projects. This corresponds to half of the total funds of the Facility for the period 2013-2014. The Seed Money Facility secretariat will accept further applications to be decided upon in late 2013. Currently, there are several other instruments providing similar support to project development (see factsheet on seed money facilities by Interact).

The EUSBSR Seed Money Facility provides EU funding to prepare projects that contribute to one of the priority areas or horizontal actions of the EU Strategy for the Baltic Sea Region. Partners that receive seed money funding will draft during the seed project a project plan that can be further developed into an application to any of the EU or national funding sources e.g. the European Structural & Investment Funds programmes 2014-2020. EUSBSR Seed Money funding is part of the European Commission's technical assistance budget for the EU Strategy for the Baltic Sea Region. On behalf of the European Commission, Investitionsbank Schleswig-Holstein (IB.SH) is managing the Seed Money facility.

More information at the EUSBSR Seed Money website

 


published 29.04.2013