Significant REACT EU funding for COVID-19 recovery in Northern Ostrobothnia
North Ostrobothnia receives €29.4 million € REACT EU funding for the economic recovery caused by the COVID-19 crisis for 2021-2022. REACT EU funding supports regions to repair the damage caused by the COVID-19 crisis. At the same time, the funds will lay the groundwork for a green, digital and resilient recovery of the economy. Approximately 255.4 million euros were now being distributed in the whole of Finland. €. The funds will be applied for in spring 2021 through the Regional Council of Northern Ostrobothnia and the Centre for Economic Development, Transport and the Environment of Northern Ostrobothnia. Funding is ERDF and ESF funding and two new priority axes are added to the Structural Funds programme for Sustainable Growth and Jobs 2014-2020. ERDF funds will be allocated to strengthening SME activities, especially from the perspective of digitalisation and green recovery, as well as to developing research and innovation activities from the perspective of promoting digitalisation and achieving the goal of carbon neutrality in society. ESF funds are allocated, for example, to improving digital skills and promoting the rapid ability of companies and entrepreneurs to change. The use of funds from Northern Ostrobothnia is guided by the coronavirus action plan for Northern Ostrobothnia completed in autumn 2020. The Government will approve the amendment to the Structural Funds programme concerning REACT EU funding in January 2021. The funds are proposed to be budgeted in an amending budget in early 2021. Northern Ostrobothnia coronavirus action plan 2020-2021 More information: Development Director Tiina Rajala, tel. +358 40 685 4033, firstname.lastname@pohjois-pohjanmaa.fi Development Manager Päivi Keisanen, tel. +358 50 431 0605, firstname.lastname@pohjois-pohjanmaa.fi
