28 projects approved to implement the EU Strategy for the Baltic Sea Region

The forth and the last project approval of the EUSBSR Seed Money Facility was closed on 18 February 2016 resulting in 28 new seed money projects.

Almost 130 partners from all around the Baltic Sea will contribute to developing project ideas within the newly approved projects. The seed money projects will start within the upcoming months and have the goal to compile concepts for full-scale international projects within one year.

Altogether, the Seed Money Facility has funded 97 projects covering all Policy Areas (PA) and Horizontal Actions (HA) within the EU Strategy for the Baltic Sea Region.

This was the last call for applications organised within the framework of the EUSBSR Seed Money Facility. Starting from the 2nd half of 2016, seed money support will be provided by Interreg Baltic Sea Region.

For further details please check the Programme website (http://www.interreg-baltic.eu/about-the-programme/cooperation-priorities/seed-money.html).

In the Programme Manual (http://www.interreg-baltic.eu/about-the-programme/main-documents.html), you will find a separate chapter on seed money.

 

Fourth seed money call closed, 50 projects applied

The EUSBSR Seed Money Facility received 50 applications. Available funds allow support to approximately 28 projects.

The fourth call for seed money applications is closed. The Seed Money Facility has received 50 applications. 45 applications met the minimum technical criteria and will be assessed. The projects cover twelve policy areas and two horizontal actions. The applicants request in total 1.8 million EUR funding. More than half of the projects are led by German and Finnish lead applicants.
During January-February 2016 the Seed Money Committee will decide which projects are to receive funding. The available funds will allow supporting approximately 28 projects. The next EUSBSR seed money call will take place in the frame of the Interreg Baltic Sea Region.

From seed to flagship

To align project funding thematically with the EU Strategy for the Baltic Sea Region is an ongoing challenge in the macro-region. The EUSBSR Seed Money Facility, managed by Investitionsbank-Schleswig Holstein (IB.SH), has proven to be a strong tool to support this alignment. One example that illustrates this alignment is the first call for applications of Interreg Baltic Sea Region.

One third of approved concept notes result from EUSBSR seed money
Interreg Baltic Sea Region recently invited 25 seed money partnerships to submit a full application this summer. Thus, almost one third of the 81 Interreg Baltic Sea Region concept notes going to the second application step evolved from an EUSBSR seed money project. In total, 282 concept notes had been submitted. Out of those, 41 came from EUSBSR seed money projects.

EUSBSR objectives well covered
The successful concept notes from EUSBSR seed money are well distributed among the EUSBSR objectives “Save the Sea” (10 concept notes), “Increase Prosperity” (6) and “Connect the region” (5) as well as the horizontal actions (4). They cover those priority areas and horizontal actions that fit by their thematic scope to the funding priorities of Interreg Baltic Sea Region.

Seed money brings forward flagship projects
Overall, seed money from different sources has helped to bring forward a substantial number of concept notes for Interreg Baltic Sea Region with a good potential to become EUSBSR flagship projects, i.e. 33 out of 81 concept notes selected for the second application step. Out of these, 22 have received seed money funding from one of the sources listed in the chart below.

Pie chart of selected concept notes in Interreg Baltic Sea Region with a potential to become flagship projects for the EUSBSR