The overall EU 2020-strategy and the European structural and investment funds play an important role for the implementation of regional growth policies in the Stockholm region. The EU2020 -strategy supports a smart, sustainable and inclusive growth and the Partnership for the Structural Funds in Stockholm has decided to prioritize strategic collaborative projects contributing to a sustainable urban development. This governance model, the Stockholm Model, has achieved attention from the EU-commission.
The overall budget for the structural funds in the Stockholm region is 37 MEUR for the European Regional Development Fund (ERDF) and 101 MEUR for the European Social Fund (ESF). Adding national and regional co-financing the total value of investments amounts to more than 200 MEUR. There is an ambition to support established firms rather than start-ups, to stimulate strategic collaborations rather than smaller projects and to encourage coordination between the funds.
In December 2017, after a period of extensive regional mobilization in relation to the last (3rd) call, the total funding of the ERDF has now been invested in 10 projects addressing societal challenges, to develop an inclusive, healthy, green, smart and attractive city region.
Read more about the Stockholm model for governance and prioritization: Panorama #58 (page 24-25) ec.europa.eu/regional_policy/sources/docgener/panorama/pdf/mag58/mag58_en.pdf