The Central Baltic Programme 2014-2020 is a cross-border cooperation programme. Its scope is to finance high quality projects in Finland (including Åland), Estonia, Latvia and Sweden, that aim at solving common challenges together and across borders.
The Programme supports projects in four priorities:
- Competitive economy,
- Sustainable use of common resources,
- Well-connected region,
- Skilled and socially inclusive region.
The Central Baltic Programme 2014-2020, belongs to the European Territorial Cooperation framework (ETC). The ECT, better known as Interreg, represents one of the two goals of cohesion policy and provides a framework for the implementation of joint actions and policy exchanges between national, regional and local actors from different Member States. The overarching objective of European Territorial Cooperation (ETC) is to promote a harmonious economic, social and territorial development of the Union as a whole.
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At the beginning of summer 2017, the Central Baltic Program Committee approved the CB625 SimE project, where the Riga Medical College of the University of Latvia is one of the partners.