TEMPO CONSULTING
European funds: key source of financing for development and innovation
European funds are a financial instrument of the European Union intended to stimulate the economic and social development of European countries. They finance strategic and other projects that contribute to strengthening competitiveness, sustainable development, innovation and improving the quality of life of citizens. In the financial period 2021–2027, the Republic of Croatia is implementing a series of operational programmes that ensure the efficient use of available funds and direct financial support towards priority areas of development. In the current operational period, three main programmes are being implemented.
It enables investments in economic growth, digital and green transitions, and strengthening transport connectivity and mobility. The aim of this program is to ensure balanced regional development and improve the quality of life of citizens through investments in infrastructure, research and innovation, and energy efficiency.
It is aimed at supporting balanced regional development with an emphasis on urban and island environments. The program includes the industrial transition of individual regions, the development of smart and sustainable cities, and investments in infrastructure needed to adapt to climate change.
It supports education, employment, social inclusion and health. The program enables financing of initiatives that encourage lifelong learning, develop skills aligned with labor market needs, strengthen social protection systems, and improve the availability and quality of health services.
It supports the sustainable development of the fishing sector and the conservation of marine resources.
It supports farmers and rural development to ensure food security and the sector’s resilience to market challenges.
It enables the involvement of state bodies, public institutions, civil society organizations and the private sector in European cooperation projects in various areas of common EU policies.
Through these operational programs and financial mechanisms, Croatia develops strategically and aligns itself with the European goals of sustainable and inclusive growth. Available funds enable the realization of projects that contribute to digital transformation, energy efficiency, innovations, strengthening of regional competitiveness and improvement of citizens’ standard of living. The use of EU funds creates opportunities for the development of the economy, the strengthening of infrastructure and the stimulation of employment, thus ensuring the long-term sustainable and balanced progress of the entire country.
