Saturday 18 November 2017 02:50:26 AM

EU Funding Guide Keeps Local Businesses on Track
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Invest Northern Ireland has issued an information guide to help local organisations in receipt of EU funding fulfil the European Commission’s requirements.

The launch of the booklet coincided with Europe Day 2013, which is an occasion used by a range of organisations to raise awareness of the European Union.dn_screen

Damian McAuley, Invest NI’s Director of Business Performance, EU and Risk Management said: “This booklet will offer important guidance to ensure that local organisations are best placed to benefit from financial support under the European Regional Development Fund.

“The guide will also help to ensure that all recipients of EU money are fully informed of the European Union’s requirements on publicity, audit and claims processes.”

Focused on SMEs, the EU Sustainable Competitiveness Programme was designed in 2007 to support the growth of such businesses and promote investment in research and technological development.

The programme is part funded by the European Regional Development Fund.

Factsheets have also been produced to provide additional guidance on areas such as expenditure, staffing costs, audit requirements, publicity, procurement, equality and insurance.

This information is available to download from Invest NI’s website: http://www.investni.com/EUSCP

The programme is part funded by the European Regional Development Fund under the Sustainable Competitiveness Programme for Northern Ireland. The total Programme value for Northern Ireland is approximately £510m.