European Regional Development Fund
The European Regional Development Fund co-finances investments into the regions with Governments across the European Union and supports activities in the regions contributing to a balanced level of development.
The European Union will make €276.8 billion available for regional development across the European Union between 2014 and 2020.
The European Structural and Investment Funds are delivered through Programmes. In Ireland there are two Programmes co-funded by the European Regional Development Fund:
- Southern and Eastern Regional Operational Programme
- Border, Midland and Western Regional Operational Programme
The map below shows the division of Ireland between these two programmes and illustrates the performance targets that the programmes are expected to achieve.
As well as funding the two regional investment programmes, the European Regional Development Fund is used to co-fund cooperation programmes that invest in more than one country. You can look up the different cooperation programmes on the European Union’s dedicated website.
Indicators for Border, Midland and Western Region: 200 new researchers, 144,000 unserved households provided with High Speed Broadband access, 3,600 new jobs in micro enterprises and 10,000 households with improved energy efficiency.
Indicators for Southern and Eastern Region: 680 new researchers, 160,000 unserved households provided with High Speed Broadband access, 16,900 new jobs in micro enterprises and 19,400 households with improved energy efficiency.