‘Let’s Be More’ – call for a regional accelerator programme to distribute enhanced package of EU funds in West and Border
Ireland has the highest level of regional inequality amongst EU member states. As a result, a dedicated regional investment accelerator should be set-up in Ireland’s Northern and Western region to distribute the next tranche of Government and EU regional development funds.
The Government is about to decide how to spend the €1.2 billion pot of EU Cohesion Funds for the period 2021 to 2027 with €350 million allocated for the Northern and Western Region.
The Northern & Western Regional Assembly (NWRA) wants the government to give local bodies more control over how the 2021 to 2027 funds are spent – it suggests replicating a model that has been successfully rolled out in the Cornwall region of England.
Today is launches a campaign called ‘Let’s Be More’ to address inequality and economic decline in the region. ‘Let’s Be More’ is backed by elected representatives, Chambers of Commerce and regional leaders.