Rahandusministeerium
Project Preparation Fund forStructural FundsProject Preparation Fund forStructural Funds
Peter Gornischeff
Ministry of Finance of Estonia
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Why?
•The goal is to ensure the preparation of a sufficientnumber of good projects for the SFs measures prior toaccession.
•For the same purpose, the project preparation andmanagement skills have to be developed among the finalbeneficiaries.
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To whom?
•Must be NGOs, local governments or from the privatesector and must be eligible beneficiaries (target groups,final beneficiaries) or Intermediate Bodies under the SFmeasures provided in the program complement of theSPD 2003-2006.
•Must be directly responsible for the preparation andmanagement of the project, not acting as anintermediary*.
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Preparation of which kind of projects?
Project preparation support under this facility will bemade available for preparation of the projects that areeligible for support under the SF measures presented inthe program complement of the Estonian SPD 2003-2006or are eligible for Phare ESC financing.
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For which kind of activities?
•Project preparation and engineering;
•Preparation of feasibility studies;
•Market studies;
•Surveys;
•Environmental impact assessments;
•Cost-benefit analyses for investment components as well aspreparation of technical designs and bills of quantity;
•Studies, research programmes, strategies, planning, analysis,audits;
•Provision of expertise.
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How much? For how long?
•The total amount of the Fund is 750 000 EUR.
•Minimum size of the grant – 3000 euro
•Maximum size of the grant – 100 000 euro
The programm will last until November 2004 or untilthe Fund will be absorbed.
The maximum duration of a project may not exceed12 months. In exceptional circumstances the durationmay be up to 18 months.
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Support in what form?
Financial support in the form of grant.
The applicants must co-finance the project asfollows:
•NGOs 10% of the total project cost;
•Local governments and public isnstitutions 25%of the total project cost;
•Private sector 50% of the total project cost.
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How the applications will be evaluated?
•Applications must be sent to the Ministry ofFinance
•Projects will be evaluated by the assessors The Evaluation Committee makes the decision
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What will be evaluated?
•Project content;
•Implementation methodology;
•Sustainability;
•Budget and cost-benefit;
•Experience and readiness for theimplementation.
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How the projects will be implemented?
•Will be implemented according to the PHAREdecentralized ex-post procedures.
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Who will help?
The Foreign Financing Department within theMinistry of Finance will help the applicants indrafting the applications.
Contact:
Kristjan MaasaluForeign Financing DepartmentTel. (0) 611 3441Fax. (0) 611 3041struktuurifondid@fin.ee