EU Budget Finland 2014-2020 update November 2014 The five European Structural and Investment Funds; | The European Regional Development Fund | The European Social Fund | The Cohesion Fund | The European Maritime and Fisheries Fund | The European Agricultural Fund for Rural Development

1. FINLAND
UPDATED | 11| 2014

2. EU BUDGETS
2014 | 2020

3. COHESION
AREAS

4. POLICY
ELIGIBILITY
2014 - 2020

5. ALL AMOUNTS x 1.000.000
EU BUDGET
ALLOCATION
IN 2011 PRICES
Global Europe
Administration
Compensation
Security & Citizenship
€ 199.828
€ 959.988
in current prices: € 1.082.555

6. BUDGET
PROPORTIONS
ALL AMOUNTS x 1.000.000

7. BUDGET
FINLAND
AMOUNTS
REGIONALLY
ALLOCATED
ALL AMOUNTS x 1.000.000

8. THE 5
ESI FUNDS
The five European Structural and Investment Funds;
| The European Regional Development Fund
| The European Social Fund
| The Cohesion Fund
| The European Maritime and Fisheries Fund
| The European Agricultural Fund for Rural Development

9. PARTNERSHIP
AGREEMENTS
| EU Member States are required to draw up and implement
strategic plans with investment priorities covering the five ESI
Funds.
| These Partnership Agreements (PAs) are negotiated between the
European Commission and national authorities, following their
consultation of various levels of governance, representatives from
interest groups, civil society and local
and regional representatives.

10. MAXIMUM
AID PERCENTAGES
The new map will be in force between 1 July 2014 and 31
December 2020. It covers sparsely populated areas accounting for
24.18% of Finland's population.
| Finland has also designated the Salo sub-region as an area undergoing a
major structural change with a total population of 64,087 or 1.181% of the
national population.
| As Finland was entitled to a population ceiling of 1.85% under this latter
category, this leaves a reserve of 0.669% for designating other areas in
need.

11. MAXIMUM
AID PERCENTAGES
| The maximum level of aid that can be granted to investment projects
carried out by large companies is 15% of total investment costs in sparsely
populated areas and 10% in the Salo subregion. For investments carried
out by SMEs, these percentages can be increased.
| While the population coverage is lower than in the previous aid map (by
around seven percentage points), the overall aid intensities have remained
the same, with the Salo subregion being designated for the first time.
| This is in line with the objectives of the new regional aid guidelines, which
aim at focusing support on the most disadvantaged regions of Europe.
.

12. STATUS
CURRENT
UPDATED 30/10
Total number
of OP´s submitted
per country
Countries have
their OP´s
adopted: 21 OP >Denmark
1 OP >Lithuania

13. PLANNING
| Partnership Agreement Adopted 07 – 10 – 2014
| 2 Operational Programme’s submitted
| Adoption of OP’s by European commission in Q4 2014
| Exp.1st grant calls Q1 2015 for funding priorities related to OP’s
OPs should be submitted by Member States within 3 months following the
submission of the Partnership Agreement.
The Commission makes observations within 3 months and adopts the OP
no later than 6 months from the date of its submission.

14. FUNDING
PRIORITIES
The PA focuses on the following priorities:
|• promoting innovative and competitive business and research environment
•| increasing labour market participation through improved employment,
social inclusion and education policies
•| reinforcing sustainable and efficient use of resources for environment
friendly growth

15. EXPECTED
RESULTS
ESI Funds will assist Finland in achieving national targets of
EU2020 and its flagship initiatives:
•| R&I expenditure in relation to GDP is to increase from 3.73% (2011)
to 4.0% (2020).
|• Funds will contribute to diversifying the economic base of Finnish
regions via smart specialization.

16. EXPECTED
RESULTS
•| Internationalization and competitiveness of SMEs is strengthened.
•| In relation to energy objectives, ESI Funds will provide a significant
contribution to increase the share of use of renewable energy from
33% (2011) to 38% (2020).
•| The Funds will contribute to an increased employment rate (target
78%) and reduced poverty and exclusion (by 150 thousand
inhabitants).

17. FINANCIAL
ALLOCATIONS
In 2014-2020 Finland is allocated around €1.47 billion for
Cohesion Policy (ERDF and ESF) including €161.3 million for the
territorial cooperation.
| Additional €2.38 billion will be devoted to development of the agricultural
sector and rural areas from the EAFRD.
| The allocation for EMFF amounts to €74.4 million.

18. PROGRAMME
ARCHITECTURE
Cohesion policy delivery will be simplified through a reduction of
the number of operational programmes from seven in the previous
period to two in the 2014-20 period;
| There will be two multifund operational programmes (OPs), co-financed
by ERDF and ESF (OP mainland Finland and OP Åland Islands).
| Moreover there are two Rural Development Programmes financed by
EAFRD (mainland Finland RDP and Åland Islands RDP) and one Maritime
and Fisheries Fund programme financed by EMFF.

19. EU BUDGET
BEEAKDOWN
ALL AMOUNTS x 1.000.000

20. ALLOCATION BROKEN DOWN BY
THEMATIC OBJECTIVE& BY FUND