Download Ministry of Finance of Estonia

Project Preparation Fund for
Structural Funds
Peter Gornischeff
Ministry of Finance of Estonia
Rahandusministeerium
Why?
•The goal is to ensure the preparation of a sufficient
number of good projects for the SFs measures prior to
accession.
•For the same purpose, the project preparation and
management skills have to be developed among the final
beneficiaries.
Rahandusministeerium
To whom?
•Must be NGOs, local governments or from the private
sector and must be eligible beneficiaries (target groups,
final beneficiaries) or Intermediate Bodies under the SF
measures provided in the program complement of the
SPD 2003-2006.
•Must be directly responsible for the preparation and
management of the project, not acting as an
intermediary*.
Rahandusministeerium
Preparation of which kind of projects?
Project preparation support under this facility will be
made available for preparation of the projects that are
eligible for support under the SF measures presented in
the program complement of the Estonian SPD 2003-2006
or are eligible for Phare ESC financing.
Rahandusministeerium
For which kind of activities?
•Project preparation and engineering;
•Preparation of feasibility studies;
•Market studies;
•Surveys;
•Environmental impact assessments;
•Cost-benefit analyses for investment components as well as
preparation of technical designs and bills of quantity;
•Studies, research programmes, strategies, planning, analysis,
audits;
•Provision of expertise.
Rahandusministeerium
How much? For how long?
•The total amount of the Fund is 750 000 EUR.
•Minimum size of the grant – 3000 euro
•Maximum size of the grant – 100 000 euro
The programm will last until November 2004 or until
the Fund will be absorbed.
The maximum duration of a project may not exceed
12 months. In exceptional circumstances the duration
may be up to 18 months.
Rahandusministeerium
Support in what form?
Financial support in the form of grant.
The applicants must co-finance the project as
follows:
•NGOs 10% of the total project cost;
•Local governments and public isnstitutions 25%
of the total project cost;
•Private sector 50% of the total project cost.
Rahandusministeerium
How the applications will be evaluated?
•Applications must be sent to the Ministry of
Finance 
•Projects will be evaluated by the assessors 
The Evaluation Committee makes the decision
Rahandusministeerium
What will be evaluated?
•Project content;
•Implementation methodology;
•Sustainability;
•Budget and cost-benefit;
•Experience and readiness for the
implementation.
Rahandusministeerium
How the projects will be implemented?
•Will be implemented according to the PHARE
decentralized ex-post procedures.
Rahandusministeerium
Who will help?
The Foreign Financing Department within the
Ministry of Finance will help the applicants in
drafting the applications.
Contact:
Kristjan Maasalu
Foreign Financing Department
Tel. (0) 611 3441
Fax. (0) 611 3041
[email protected]
Rahandusministeerium