What is inclusive growth
Heading 1 - Smart and Inclusive Growth
Funding category 1
Heading 1 - Intelligent and integrative growth in the funding period 2014-2020 is divided into the two sub-fields “Competitiveness for growth and employment” and “Economic, social and territorial cohesion”. The competitiveness programs aim to create and support an inclusive, sustainable and smart economy in the EU. This should ensure high levels of employment and productivity, as well as strong social cohesion. In addition to the Horizon 2020 research funding program (successor program to the 7th EU Research Framework Program (FP7)), the most important programs include, for example, the ERASMUS + program (combines the fields of education, youth and sport), the program for the competitiveness of companies and SMEs (COSME ) as well as the new “Connecting Europe Facility” fund to support Europe-wide infrastructure projects in the fields of energy, transport and information and communication technologies (successor to the TEN programs). In the area of “economic, social and territorial cohesion”, however, those funds and programs for the implementation of cross-border cooperation (ETC) as well as regional convergence and cohesion (ERDF, ESF) fall. These funds aim to promote competition and growth, cross-border cooperation and strengthen economic, social and territorial cohesion between the regions of the EU and between the EU and its member states.
The following funds, programs and funding channels are included in Section 1 - Smart and Inclusive Growth:
1a. Competitiveness for growth and jobs
- Large infrastructure projects
- European satellite navigation programs (EGNOS and Galileo)
- International Thermonuclear Experimental Reactor (ITER)
- European Earth Observation Program (Copernicus)
- Nuclear Safety and Decommissioning
- Common Strategic Framework (GSR) for Research and Innovation
- Horizon 2020
- Euratom research and training program
- Business and SME Competitiveness Program (COSME)
- Education and training, youth and sport (Erasmus +)
- Employment and Social Innovation (PSCI)
- Customs, Fiscalis and the fight against fraud
- Connecting Europe Facility (CEF)
- Information and communication technologies (ICT)
- Energy project for economic recovery (EEPR)
- Other measures and programs
- Actions financed within the scope of the EC's competences and special powers
- Pilot projects and preparatory actions
- Decentralized agencies
1b. Economic, social and territorial cohesion
- Investing in the Service of Growth and Jobs (IWB)
- Regional convergence (less developed areas)
- Transition regions
- Competitiveness (developed areas)
- Outermost regions and sparsely populated regions
- Cohesion Fund
- European territorial cooperation
- Technical support and innovative measures
- Fund for European Aid to the Most Deprived (FEAD)
- Youth Employment Initiative (Special Complementary Allocation)
- Pilot projects and preparatory actions
- Guide to budget overview of EU funding opportunities 2014-2020. European Union, 2015.
- EU budget 2014 - Financial Report. European Commission, 2015.
- Multiannual financial framework 2014-2020 and EU budget 2014 - overview in figures. European Commission, 2014.
- BMF report on the EU budget and its effects on the Austrian federal budget. Federal Ministry of Finance, 2016.
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