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I NEED SOME MO?
BUSINESS FUNDINI MERSEYSIDE
M erseyside is one of only three M regions which qualify as Obje( One areas within the European Uni funding categories (the others are Northern Ireland and the Scottish Highlands and Islands). Objective I regions are deemed to be Europe's deprived, and about 70% of EU fun has been set aside to bridge the gi between these less prosperous ari the rest of the Union between 199, To qualify for Objective One stat region will have per capita GDP les 75% of the EU average. Merseyside this unhappy distinction with a (jig the Union's population, including ti whole of Greece, Ireland, Portugal East Berlin.
The region qualities for funding I European Regional Development Fi the European Social Fund. Local in are administered by bodies such a Merseyside Development Corporat this body will be wound up in 1998 successor remains unclear. Applici for funding rarely receive more thK of capital costs, although TR Groui featured here received 60% of the developing its Birkenhead depot ft MDC.