The Greater London Authority is responsible for managing London's European Structural Funds programmes, which are the main instrument for supporting social and economic cohesion across the European Union (EU).
They account for over one third of the EU budget and are used to tackle regional disparities and support regional development
For 2007–2013 London was awarded over £1 billion from two Structural Funds:
- The European Social Fund (ESF) - £840 million including match funding
- The European Regional Development Fund (ERDF) - £330 million including match funding
European Programmes Management Unit (EPMU)
Working on behalf of the Mayor of London, the European Programmes Management Unit (EPMU) is responsible for the administration of the 2007–2013 Structural Funds Programmes.