EU structural funds as a source of investment financing in Tri-City small and medium enterprises

Anna Golejewska ()

No 1502, Working Papers of Economics of European Integration Division from The Univeristy of Gdansk, Faculty of Economics, Economics of European Integration Division

Abstract: The aim of the article is to analyze the use of the European Regional Development Fund for investment projects in Tri-City SMEs from Pomerania Regional Operational Programme and examine effects of these projects on a regional basis. 250 projects granted in the 2007-2013 programming period are analyzed. The analysis is based on the data provided by the Pomerania Development Agency Inc. Results of the analysis confirmed geographical and sectorial concentration of projects and significant diversity of total values of projects submitted by micro-, small- and medium-sized enterprises. Due to small share of the project beneficiaries in total number of firms in the Tri-City sub-region and fact that some projects are still ongoing, the assessment of the direct impact of the projects on the socio-economic situation of the sub-region is rather impossible. It can be noted that, at the micro-scale, the European Regional Development Fund improves competitiveness of enterprises and increases employment in the sub-region, particularly in the county of Gdañsk.

Keywords: EU structural funds; investment; SMEs (search for similar items in EconPapers)
JEL-codes: M21 R11 (search for similar items in EconPapers)
Pages: 14 pages
Date: 2015-05
New Economics Papers: this item is included in nep-eur and nep-tra
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http://gnu.univ.gda.pl/~keie/aio33.pdf First version, 2015

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Persistent link: https://EconPapers.repec.org/RePEc:gda:wpaper:1502

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