Submitted by UIA admin on Fri, 10/12/2018 - 15:35
Investment refers to a project output that remains in use by the project’s target group after the completion of the project. In line with Article 3 of the ERDF regulation, productive investments, investments in infrastructure and fixed investments in equipment are among the types of activities that can be supported by UIA. As a general rule, investments shall be foreseen in UIA projects only to the extent that they are necessary for the achievement of the project's outputs and results. They should be proportionate to the work plan and budget, and should therefore represent good value for money. Stand-alone investments without clear justification and added-value for the project will not be supported. Although there is only one WP investment, there could be several individual investments, which should be individually described and considered as separate outputs.
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