EEA and Norway Financial Mechanisms 2014-2021

The EEA and Norway Grants represent the contributions of Iceland, Lichtenstein and Norway to a green, competitive and inclusive Europe.

They have two main objectives:

  • reducing economic and social differences in Europe,
  • supporting the mutual relations between the contributing countries and fifteen EU countries in Central and Eastern Europe and the Baltic countries.

The three contributing countries cooperate closely with the EU via the Agreement on the European Economic Area (EEA). As donors, from 1994 to 2014, they paid 3.3 billion euros in grants. The EEA grants and Norwegian grants attained 2.8 billion euros in the period 2014-2021. The priorities of the period are:

  1. Innovations, research, education and competitiveness
  2. Social inclusion, employment of the young and elimination of poverty
  3. Environment, energy, climate change and low-carbon economy
  4. Culture, civil society, good management and basic rights
  5. Justice and internal affairs

A person eligible for the grants needs to meet the criteria as stipulated by the EU Cohesion Fund for Member States with a gross domestic product (GDP) per capita of below 90% of the EU average.

The EEA and Norway Grants comprise two financial mechanisms. The EEA grants are financed by Iceland, Lichtenstein and Norway, with the contribution depending on their GDP. The Norwegian grants are solely financed by Norway.

All the projects are co-financed by the Slovak state budget (15%).

If you want to learn more about the programmes and projects financed by the EEA grants and Norwegian grants, visit the webpage of www.eeagrants.sk ↗︎ or www.norwaygrants.sk ↗︎.

Financed projects