Emilia-Romagna region’s ambition is to earn its’ place among European regions of excellence. Therefore, the region aims at increasing its socio-economic dynamism, innovation rate, quality and sustainability of development with the help of ERDF Operational Programmes (2007-2013 and 2014-2020) that provide substantial funding opportunities to strengthen economic and social cohesion of the European Union by correcting imbalances between its regions. In December 2015, the final phase of the ERDF Operational Programme 2007-2013 (Por ERDF 2007-2013) comes to its completion. December 2015 marks also the start of the ERDF Operational Programme 2014-2020 (Por ERDF 2014-2020).
The Por ERDF 2007-2013 allocated almost 383 million Euro to Emilia-Romagna.
The resources were on: strengthening the regional network of industrial research and technology transfer and its connections with the production system, encouraging the growth of companies through innovation processes and incorporation of knowledge into products and production, promoting energy competitiveness and environmental sustainability, enhancing and better exploiting the cultural heritage of Emilia Romagna and developing sustainable tourism in the region.
The effective execution of the Por ERDF 2007-2013 and productive allocation of its significant resources - thus successful implementation of the Regional Strategy for Smart Specialization of Emilia-Romagna - depended on the right financial instruments deployed for that.