INTERREG IVC provides funding for interregional cooperation, its aim is to promote exchange and transfer of knowledge and best practices across Europe. It is implemented under the European Community's territorial co-operation objective and financed through the European Regional Development Fund (ERDF).
The Interreg IVC Operational Programme was approved in September 2007 for the period 2007-2013. This programme follows on from the INTERREG IIIC programme which ran from 2002-2006.The overall objective of the INTERREG IVC Programme is to improve the effectiveness of regional policies and instruments. A project builds on the exchange of experiences among partners who are ideally responsible for the development of their local and regional policies.
Priority 1, Innovation and the knowledge econonomy, aims at enabling regional and local authorities, and other stakeholders at the regional level, to improve their policies, methods and capacities in the field of innovation and the knowledge economy, through the exchange and transfer of knowledge and experience between regions throughout the European Union, and the development of new policies and approaches.This priority contributes to reducing regional disparities throughout Europe by strengthening regional innovation potential. The ambition is also to pool expertise in order to increase the overall level of regions' competitiveness in Europe.
The aim of Priority 2, Environment and the risk prevention, is to empower the public authorities and other stakeholders to improve their policies and develop new approaches to improve the quality of environment and to increase the attractiveness of the regions in Europe by means of exchanging knowledge and experience between regions.
Typical tools for exchange of experience are networking activities such as thematic workshops, seminars, conferences, surveys, and study visits. Project partners cooperate to identify and transfer good practices. Possible project outcomes include for example case study collections, policy recommendations, strategic guidelines or action plans. INTERREG IVC also allows light implementation or piloting, but only if these complement the exchange of experience activities.
Types of projects supported
The programme supports two types of projects : Regional Initiative Projects and Capitalisation Projects.
In Regional Initiative Projects partners work together to exchange experiences in a policy field of their interest. They can choose between three levels of intensity for their cooperation. These vary from simple networking to the development of policy instruments or the establishment of mini-programmes.
In Capitalisation Projects partners build on already identified good practices. Capitalisation projects are set up to transfer these good practices into mainstream programmes of EU Structural Funds .This is done by developing action plans and involving relevant policy makers. The European Commission offers additional expertise to some of these projects, named Fast Tract Projects.
Source : http://www.interreg4c.eu.