Financial overview

In the first call for proposals, the Monitoring Committee approved 26 projects from 33 applications, allocating €10.67 million in ERDF support. The second call attracted 30 applications, of which 21 projects were selected, securing €10.5 million in funding. These projects contribute to business growth, environmental sustainability, tourism development, and cross-border cooperation, strengthening ties between Estonia and Latvia. The programme continues to foster innovative solutions that benefit communities on both sides of the border.

Programme statistics and list of financed projects

The interactive Power BI report ensures transparency and accountability, allowing stakeholders and the public to monitor the programme's financial performance and the progress of funded projects effectively.

There are five interactive Power BI sheets providing different information about:

1. Finances:

• Total Funding Allocation: Displays the overall programme budget, including contributions from the European Regional Development Fund (ERDF) and other sources.​
• Priority-wise Distribution: Breaks down funding across the programme's four priorities:​
  • More cooperating cross-border regions and development of joint services.
  • Jointly and smartly growing businesses.
  • Sustainable and resilient programme area.
  • More accessible and sustainable cross-border tourism experience.
• Project-specific Funding: Provides insights into approved projects from the first and second calls, detailing allocated funding, approval dates, and implementation statuses.​

2. Outputs:

• Presents the tangible deliverables produced by the funded projects, such as the number of new services developed, joint strategies implemented, or training sessions conducted.​

3. Results:

• Highlights the outcomes achieved through the projects, including improvements in cross-border cooperation, business growth metrics, environmental benefits, and enhancements in tourism experiences.​

4. List of Operations:

• Offers a comprehensive list of all approved projects, including project titles, lead partners, funding amounts, and brief descriptions of their objectives and expected impacts.​

5. Investments to Regions:

• Visualizes the geographical distribution of investments across various regions in Estonia and Latvia, illustrating how funds are allocated territorially to promote balanced regional development.