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The letters OULU in pink in front of Tuira, each decorated in honour of the summer and the year of the Capital of Culture.

news

15.12.2023

The 4th round of applications for sustainable urban development opens on 18 December 2023

The Regional Assembly of Oulu Region, in cooperation in cooperation with the City of Oulu, is launching an ERDF project application for the implementation of the ecosystem agreement signed between the State and the City of Oulu. The content of the Oulu ecosystem agreement consists of the strategic focus areas and spearhead programmes of the Oulu Innovation Alliance for 2021-2027.

The projects under the ecosystem agreement support the formation of business clusters and ecosystems in selected target sectors, identify the needs and services of the companies belonging to them, promote longer-term concrete goals and broad entities in line with the target sectors and spearhead programmes of the Oulu Innovation Alliance strategy, and provide added value from digital to the everyday services and built environment of residents.

The application round is open from 18 December 2023 to 19 January 2024. Only one specific objective 1.3 of the priority axis is open for this call. ERDF applications must be submitted to the authority via the EURA2021 system.

The projects to be funded must comply with the Renewable and Skilled Finland 2021-2027 programme, the Smart Specialisation Strategy for Northern Ostrobothnia (applies only to projects under Specific Objective 1.1.) and the ecosystem agreement between the City of Oulu and the State.

In the project application process, the maximum amount of ERDF funding for sustainable urban development is EUR 283.900. The maximum amount of support funding is 60 % the total cost of the project. The City of Oulu has prepared to fund up to 30 projects under the ecosystem agreement from the City of Oulu Development Fund. % financial contribution from the total budget of the project. The required self-financing rate for applicants is at least 10 % the total budget of the project.

The next application round is planned to open in spring 2024. At that time, EUR 1,000,000 of ERDF funding will be applied for, provided that the Government makes a decision on the allocation of funds related to the application to the region.

More information about applying here link