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EU structural funds as a source of investment financing in Tri-City small and medium enterprises

Author

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  • Anna Golejewska

    (Faculty of Economics, University of Gdansk)

Abstract

The aim of the article is to analyze the use of the European Regional Development Fund for investment projects in Tri-City SMEs from Pomerania Regional Operational Programme and examine effects of these projects on a regional basis. 250 projects granted in the 2007-2013 programming period are analyzed. The analysis is based on the data provided by the Pomerania Development Agency Inc. Results of the analysis confirmed geographical and sectorial concentration of projects and significant diversity of total values of projects submitted by micro-, small- and medium-sized enterprises. Due to small share of the project beneficiaries in total number of firms in the Tri-City sub-region and fact that some projects are still ongoing, the assessment of the direct impact of the projects on the socio-economic situation of the sub-region is rather impossible. It can be noted that, at the micro-scale, the European Regional Development Fund improves competitiveness of enterprises and increases employment in the sub-region, particularly in the county of Gdañsk.

Suggested Citation

  • Anna Golejewska, 2015. "EU structural funds as a source of investment financing in Tri-City small and medium enterprises," Working Papers of Economics of European Integration Division 1502, The Univeristy of Gdansk, Faculty of Economics, Economics of European Integration Division.
  • Handle: RePEc:gda:wpaper:1502
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    File URL: http://gnu.univ.gda.pl/~keie/aio33.pdf
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    References listed on IDEAS

    as
    1. Andrzej Cieślik & Bartłomiej Rokicki, 2013. "Wpływ unijnej polityki spójności na wielkość produktu i zatrudnienia w polskich regionach," Gospodarka Narodowa. The Polish Journal of Economics, Warsaw School of Economics, issue 3, pages 57-77.
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      More about this item

      Keywords

      EU structural funds; investment; SMEs;
      All these keywords.

      JEL classification:

      • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
      • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics

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