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Government decides on the regional allocation of REACT-EU funding 

Ministry of Economic Affairs and Employment
29.4.2021 13.54 | Published in English on 29.4.2021 at 16.29
Press release

On 29 April, the Government decided how to allocate the REACT-EU funding to regions. Close to EUR 255.4 million was allocated to the ongoing structural funds programme ‘Sustainable Growth and Jobs’ for 2014–2020. The REACT-EU funds will be used to help regions recover from the coronavirus pandemic.

All regions of Finland will receive funding which come from the EU and the national counterpart funding.

In line with the European Commission’s country-specific recommendations, funding will support SMEs, R&D activities, digital skills and the development of companies and their personnel’s ability to change.

On 24 March, Parliament approved the REACT-EU funding in its first supplementary budget for 2021. Now that the Government has decided how to allocate the funds, the ELY Centres and regional councils can start to distribute them in their regions. Similarly to all funding for the programming period 2014–2020, these funds should be used by the end of 2023.

Applications accepted by ELY Centres and regional councils

Companies can apply for REACT-EU-related development aid at ELY Centres. More detailed information is available at the website of the ELY Centres.

Organisations, including those involved in business development or research and training, as well as municipalities and other public sector entities may also apply for the REACT-EU funding, which is granted by regional councils and ELY Centres. More information is available on the website of Rakennerahastot.fi.

The same procedures and legislation that the current structural funds programme is subject to also applies to application, allocation, payment, monitoring and follow-up measures of the REACT-EU funding.

Allocation of REACT-EU funding (European Regional Development Fund (ERDF) and the European Social Fund (ESF)) by region (excluding technical support)

  ERDF + State (EUR) ESF + State (EUR) Total
South Savo 9,765,000 4,185,000 13,950,000
North Karelia 10,398,000 4,457,000 14,855,000
North Savo 13,436,000 5,760,000 19,196,000
South Karelia 4,382,000 1,879,000 6,261,000
Kanta-Häme 4,811,000 2,063,000 6,874,000
Kymenlaakso 5,306,000 2,273,000 7,579,000
Päijät-Häme 6,946,000 2,975,000 9,921,000
Uusimaa 33,786,000 14,479,000 48,265,000
Southwest Finland 11,316,000 4,851,000 16,167,000
South Ostrobothnia 6,504,000 2,788,000 9,292,000
Central Finland 9,494,000 4,069,000 13,563,000
Pirkanmaa 12,782,000 5,478,000 18,260,000
Ostrobothnia 4,517,000 1,935,000 6,452,000
Satakunta 6,927,000 2,970,000 9,897,000
Central Ostrobothnia 3,390,000 1,452,000 4,842,000
Northern Ostrobothnia 18,837,000 8,074,000 26,911,000
Lapland 11,380,000 4,877,000 16,257,000
Kainuu 4,771,000 2,044,000 6,815,000
Regions in total 178 748 000 76 609 000 255 357 000

Inquiries:
Tapani Kojonsaari, Ministerial Adviser, Ministry of Economic Affairs and Employment, tel. +358 29 504 7070    
Kaisa Saarinen, Senior Specialist, Ministry of Economic Affairs and Employment, tel. +358 29 504 7001

 
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