SEUPB - Who can apply?
From a corporate governance perspective, the Lead Partner in any application to the INTERREG IVA Programme should be a Public Sector Body or equivalent. Public equivalent means any legal body governed by public or private law that is:
1. Established for the specific purpose of meeting needs of general interest, not having an industrial or commercial character;*
2. Having legal personality; and
3. Either financed, for the most part, by the state, regional or local authorities, or other bodies governed by public law or subject to management supervision by those bodies or having an administrative, managerial or supervisory board, more than half of whose members are appointed by the state, regional or local authorities or by other bodies governed by public law.
*This definition does not exclude bodies partly having an industrial and commercial character, which deal with public tasks. Such bodies may be asked to submit a clarification statement issued by regional/local authorities.
The financial requirements of ERDF are such that it is considered that large public bodies, with strong governance, risk management and compliance procedures in place, will be best placed to manage and report on the funding and to deliver on the project outcomes.
A background information paper explains the role and responsibilities of the Lead Partner in more detail.
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