European Regional Development Fund (ERDF) is a fund allocated by the European Union.

Scope

As part of its task to promote regional development, the ERDF contributes towards financing the following measures:

• Productive investment to create and safeguard sustainable jobs;
• Investment in infrastructure which contributes, in regions covered by Objective 1, to development, structural adjustment and creation and maintenance of sustainable jobs, or, in all eligible regions, to diversification, revitalisation, improved access and regeneration of economic sites and industrial areas suffering from decline, depressed urban areas, rural areas and areas dependent on fisheries. Such investment may also target the development of trans-European networks in the areas of transport, telecommunications and energy in the regions covered by Objective 1;
• Development of the endogenous potential by measures which support local

See also

• Structural Funds and Cohesion Funds
• European Grouping for Territorial Cooperation

References

• http://europa.eu/
• http://europa.eu/scadplus/leg/en/lvb/l60015.htm
• main page http://ec.europa.eu/regional_policy/funds/feder/index_en.htm