About the European Regional Development Fund

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The European Regional Development Fund (ERDF) aims to strengthen economic and social cohesion in the European Union by correcting imbalances between its regions. The ERDF finances:

  • direct aid to investments in companies (in particular SMEs) to create sustainable jobs;
  • infrastructures linked notably to research and innovation, telecommunications, environment, energy and transport;
  • financial instruments (capital risk funds, local development funds, etc.) to support regional and local development and to foster cooperation between towns and regions;
  • technical assistance measures.

For further information about ERDF please visit: ERDF – Europa 

 

ERDF in the UK

The Department for Communities and Local Government (DCLG)  is the designated Managing Authority for all ERDF structural fund programmes in England. Regional Development Agencies had previously been responsible for delivering the English ERDF programmes on the ground, but following the abolition of the RDAs, responsibility for the delivery of ERDF transferred to DCLG  from 1 July 2011 who is retaining the existing ERDF teams under its responsibility.

ERDF is a regional programme and each region has a Local Management Committee (LMC) and a secretariat to oversee ERDF investment, guide the programme, and assess progress.

 

 

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