Summary
The Operational Programme (OP) “Competitiveness and Sustainable Development” is co-financed by the European Regional Development Fund (ERDF) and the Cohesion Fund and is one of the two Programmes prepared for the effective utilisation of the resources of the Cohesion Policy in the period 2014-2020. The other Operational Programme is the “Employment, Human Resources and Social Cohesion”, which is co-financed by the European Social Fund and the Youth Employment Initiative.
Programme Description
The OP “Competitiveness and Sustainable Development”constitutes a programming document that includes specific priorities and indicative categories of interventions which will be implemented during the period 2014-2020, contributing towards the strategic objective of the Partnership Agreement for the restructuring of the economy, the preservation and creation of new jobs and the safeguarding of social cohesion.
The total budget of the Programme amounts to €661 mln, out of which €561.8 mln (85%) will be financed by ERDF and the Cohesion Fund, whereas the remaining 15% will be financed by national resources.
Within the framework of the OP “Competitiveness and Sustainable Development”, interventions planned will contribute to the enhancement of the economy’s competitiveness through investment in the sectors of Research and Innovation and Information and Communication Technologies and SMEs support. Interventions are also planned in the sectors of Environment, Energy and Transport, as well as for promoting integrated sustainable urban development in deprived areas.
The interventions will include investments of the broader public sector, as well as grant schemes/incentives addressed to the private sector.
The OP “Competitiveness and Sustainable Development” 2014- 2020, was approved by a European Commission’s Implementing Decision on the 16th December 2014.
Total Budget
Thematic Categories
Eligibility for Participation
- Central Government
- Chambers
- Educational Institutions
- Large Enterprises
- Local Authorities
- NGOs
- Researchers/Research Centers/Institutions
- Small and Medium Enterprises (SMEs)
- State-owned Enterprises
- Trade Unions
National Contact Point(s)
Managing Authority for the Operational Programmes (OP) for Cohesion Policy:
Αddress: Directorate General for European Programmes, Coordination and Development (DG EPCD), 1409 Nicosia
Telephone: +357 22 602820
Contact Point
Mr. Charis Soteriou
Telephone: +357 22 602875
Email: csoteriou@dgepcd.gov.cy