Finances

PORTICO is sponsored by the European Regional Development Fund through the INTERREG IVB North-West Europe (NWE) Programme.

This programme is a financial instrument of the European Union's Cohesion Policy. Over the next seven years, the programme will invest € 355 million from the European Regional Development Fund (ERDF) into the economic, environmental, social and territorial future of North-West Europe (NWE). The fund will be used to co-finance projects that maximise the diversity of NWE’s territorial assets by tackling common challenges through transnational cooperation to contribute to a cohesive and sustainable territorial development of
North-West Europe.

The total costs of the PORTICO programme are almost € 8.5 million. Half of the budget is sponsored by the INTERREG IVB NWE Programme. The other half is co-financed by the
project partners.

The project investment totals € 6.2 million. The rest of the budget will be spent on studies, communication, knowledge exchange and project management.

 

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