ESIF are financial instruments used by Cohesion Policy to finance its interventions. They are used by EU Member States to support development in a comprehensive way by investing in business, research and development, infrastructure, employment and training, agriculture, forestry and fisheries development, with the overall aim of improving the quality of life of EU citizens.
The purpose of all these funds is to invest in job creation and a sustainable and healthy European economy and environment.
The ESIF mainly focus on 5 areas:
- research and innovation
- digital technologies
- supporting the low-carbon economy
- sustainable management of natural resources
- small businesses
Assessment and detailed mapping in the 6 pilot countries and regions.