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FIMIP

Financial Management of INTERREG projects

Logo | INTERACT I project Fimip

Lead Partner: County Council of Huelva (Spain)

No of Project Partners (including Lead Partner): Four

Participating countries: Spain, Greece, Italy, Germany

ERDF allocated (EUR): 290 000.00

Project Duration: 01.01.06 - 30.06.06

Questions to be analysed by the Project

  • Focus on project management with an accent on financial management; problems are in general: inadequate information flows, inexperienced partners, risks and fears, liquidity problems (all problems here relate to implementation of INTERREG projects);
  • Finance & Control: lack of clarity regarding eligibility of costs, cash flow management, decommittment;
  • Transnationality: language barriers, complex EU regulations, differences in national legal and administrative structures.

Objectives

  • Improve the (financial) management of current and future INTERREG projects, with a combined focus on current projects and a more strategic focus on future projects and programmes for the coming Structural Funds period;
  • Conduct problem survey and problem analysis (elaborating on the projects mentioned above);
  • Providing solutions, best practices and practical tools; making these available to the widest possible audience.

Outputs

  • 75-100 interviews conducted for thorough problem survey and analysis
  • 13 highly interactive workshops/seminars; 10-20 best practices, several solutions and tools;
  • Comprehensive report with all knowledge, best practices and solutions, made available to at least 80% of all lead partners and throughout the INTERREG community, beneficial to both current and future projects and programmes.