EU Funding

From 2007 to 2013, the economic development of Lower Saxony is essentially supported by the European Regional Development Fund (ERDF). In a competition of ideas and concepts, particularly those projects are supported which contribute to the creation of jobs and economic growth.

For the target area „Regional competitiveness and employment“ a total of 638 million Euro is made available. The funding support comprises a wide range of topics classified into four focusses:

• Increase in industrial competitiveness and employment, in particular with regard to SMEs   
• Development of innovative capacity and knowledge society   
• Support of specific infrastructures for sustainable growth   
• Environment and sustainable urban development

Four employees coordinate the measures in Hannover Region which are supported by funds of the European Regional Development Fund. Their tasks include the following:

• Consultancy for small and medium-sized companies (SME) for individual company investment support as well as the complete handling of the funding programme.
• Provision of information and involvement of the cities and communities of Hannover Region
• Information and consultancy of public institutions and companies on specific EU funding programmes

Further information on ERDF funding support is made available by Land Niedersachsen (i. e. State of Lower Saxony)