The European Regional Development Fund (ERDF) is a European Commission funding instrument for all regions of Europe, which aims at reducing development disparities.
The ERDF addresses the needs of the regions. They use this offer of operational programmes to overcome region-specific structural weaknesses. Among the European regions, Thuringia is one of the so-called transitional regions and must therefore invest 60% of the fund's resources in the following key prorities: research and development, support for small and medium-sized enterprises and the reduction of CO2 emissions in all sectors of the economy.
<The Free State of Thuringia will receive around 1,165 billion euros from the ERDF in the 2014-2020 funding period.</p>
The REACT-EU package includes additional funding of approximately €94 million to be provided in 2021 and 2022. These extra funds are an increase of existing cohesion policy programmes of the 2014 - 2020 funding period. REACT-EU funds are supposed to stabilise sectors that are crucial for rehabilitation. These include job retention, support for the self-employed, investment in health systems, investment support for SMEs, and support for tourism and culture. Furthermore, investments will be made in the European Green Deal and digital turnaround to reinforce investments in these areas previously made under EU cohesion policy.
What happens with the money and who receives it? On our interactive map, you can see where the ERDF has already invested. What has already been funded in your area? Compare your district and city with others in Thuringia. You can also choose the various priorities for funding.
Have fun exploring the ERDF in Thuringia.