European Regional Development Fund (3)

MQT on 2014-12-17
Session date: 
December 17, 2014
Question By: 
Len Duvall OBE
Labour Group
Asked Of: 
The Mayor


What criteria are there for receiving funding?


Answer for European Regional Development Fund (3)

Answer for European Regional Development Fund (3)

Answered By: 
The Mayor

Likely eligible applicants are listed at MQ 5542/2014.  The Department for Communities & Local Government (DCLG) states that applicants must be legally constituted and be able to demonstrate the financial capacity and expertise required to meet the legal requirements of the ERDF Funding Agreement.

DCLG states that all applications must:

1. Contribute to the England ERDF Operational Programme objectives;

2. Meet the local needs set out in the London Enterprise Panel European Structural and Investment Funds strategy;

3. Meet the requirements set out in the relevant funding call;

4. Meet the national selection criteria; and

5. Be eligible under the European and national regulations and rules.