The Southern Regional Assembly is the Managing Authority for the EU co-funded Regional Programme. It is the 2nd in a line of EU co-funded regional programme we manage. It runs from 2007 to 2013 with a period of 2 years to complete the programme to end December 2015. The final implementation report for the programme will be submitted to the EU Commission in 2017. The first programme ran from 2000 to 2006 and saw an investment of €4.1 billion in the S&E Region of which €1 billion supported EU cofunded projects. These investments in the S&E Region were undertaken in local infrastructure & enterprise development projects; in the agriculture & fisheries sector and a substantial investment was made in childcare facilities, training of childcare staff and the development of the childcare sector. See here for list of projects funded under the Regional Programme 2000-2006.
The 2007-2013 programme aims to build on the success of its predecessor and address new challenges in the region. The European Commission approved the Programme on 16 October 2007 and allocated to it a budget of €367 million. This will result in an investment of €146.6 million in the S&E Region through the European Regional Development Fund (ERDF) by the EU. The ERDF is the only Structural Fund co-funding the 2007-2013 S&E Regional Programme.
The Regional Assembly is the Managing Authority for the programme.
The Programme supported three specific areas of investment: