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Applications

Applications can be submitted to the competent Urban Development Fund (UDF) according to the region where the
project is to be implemented. A basic requirement for the applicants will be to prepare a business plan, providing, at
least the following evidence:

  • The revenue generating ability of the project to repay Urban Development Funds’ investment
  • The social benefits for local communities arisen through the implementation of the project
  • Eligibility of expenditures according to Structural Funds and National rules
  • The contribution of the project to the achievement of the objectives set into the respective Priority Axis of the Operational Program that contributed resources to the UDF through the Holding Fund.
  • Project implementation is not feasible without JESSICA funding.

All UDFs are in place covering all regions that contributed resources to the Holding Fund: