European Structural and Investment Funds (ESI funds)
The European Commission makes money available for strengthening member states' economies. The member states receive funds for this purpose through the European Structural and Investment Funds (ESI funds).
Every seven years the European Commission makes money available for the member states' economies. For the period 2014-2020 it has set joint European goals under the Europe 2020 action plan, in which the member states have agreed, among other things, to strengthen their economies.
Purpose of ESI funds
To achieve the European goals, member states receive money from the various European Structural and Investment Funds (ESI funds). The EU uses these
- to help small and medium-sized businesses become more competitive through innovation;
- to promote an environment-friendly economy that makes economical use of resources such as water and oil;
- to increase the number of people in paid employment.
Four economic development funds
The Netherlands receives money from the following ESI funds: