More EU grants available
April 23, 2009
In response to the global economic crisis, EU governments have agreed to make more money available now for EU regional grants. Up to €4.5 billion of the European Regional Development Fund has been brought forward from 2010 and 2011 to be spent in 2009. This may offer new financing opportunities for golf developers, where their [...]
EU grants still support golf
March 27, 2009
Golf Europa has reported previously on the positive impact of EU funds stimulating golf, tourism and growth in less-developed regions, particularly in Ireland and Portugal in the 1990s. Lots of EU funding has now moved east but golf continues to be used as a successful tool of regional economic development. A quick trawl of the [...]
Golf and the European Regional Development Fund
April 27, 2008
Grant aid from the European Regional Development Fund (ERDF) is financing the development of new golf courses across Europe. The ERDF is the second largest EU financial mechanism, after the Common Agricultural Policy. It provides grant aid to the poorest regions in the EU ranked according to GDP per capita to part-finance investment projects which [...]