EUR 15 mn EU funds for transborderly projects between Romania and Serbia

The projects will be financed from Instrument of Assistence for pre-accession (IPA) in the IPA programme for transborderly cooperation Romania – Serbia. The deadline for the proposals is 27 June 2011, the press release of the ministry says .

Potential benefactors ( public authorities, organisations/non-profit entities, NGOs, public sector operators)can require financing for economic and social development, environment and preparation for emergency situations and the promotion of exchanges between communities. « The applicants must meet the criterial established through the guides for the applicant and demonstrate a clear commitment for the concept of transborderly cooperation » the press release says. The sums offered to the projects are between minimum 30,000 euro and maximum two million euro, the contribution of the EU being the maximum of 85% of eligible expenditure. The sums corresponding to co-financing for the Romanian beneficiaries will come from the state budget as 13% and own contribution ( 2%).

The partners project managers, Romanian and Serbian can receive payment in advance from IPA funds in 15% of the value of the financing contract.