Grants

The approval of the Operational programme “Competitiveness and Cohesion 2014-2020” by the European Commission paved the way for the use of EUR 6.8 billion from the European Regional Development Funds and Cohesion Fund. The operating structure, consisting of the Managing Authority, Intermediate bodies level 1 and Intermediate bodies level 2, was defined for the implementation of the Operational programme “Competitiveness and Cohesion 2014-2020” (OPCC) by the Regulation on Bodies in the Management and Control System of the Use of European Social Fund, European Regional Development Fund and Cohesion Fund in relation to the “Investment in growth and jobs” objective (OG 107/14, 23/15,129/15). HAMAG-BICRO was defined by this Regulation as an Intermediate body level 2.

As an Intermediate body level 2, HAMAG-BICRO participates with the Ministry of Economy and Sustainable Development, as an Intermediate body level 1, in the preparation of procedures and implementation of gran award phases, in part of its competence, verifies the eligibility of expenditures and is fully responsible to monitor the implementation of grant agreements for specific objectives.

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