The 2014-2020 Regional Operational Program succeeds the 2007-2013 Regional Operational Program and is one of the programs through which Romania will be able to access the European Structural and Investment Funds of the European Regional Development Fund (ERDF) in the current programming period.
The 2014-2020 Regional Operational Program (ROP) is managed by the ROP Managing Authority within the Ministry of Regional Development and Public Administration and was adopted by the European Commission (EC) on June 23rd, 2015.
The 2014-2020 ROP aims to increase the overall economic competitiveness and improve the living conditions of the local and regional communities by supporting the development of the business environment, infrastructure and services for the sustainable development of the regions so that they can effectively manage resources and capitalize on their potential for innovation and assimilation of technological progress. These objectives are translated into 11 priority axes (plus a technical assistance axis), with an estimated total allocation of € 8.25 billion, of which € 6.7 billion represent the EU support, through the European Regional Development Fund (ERDF), and € 1.5 billion - the national contribution.
In its capacity as an Intermediate Body, the Bucharest-Ilfov Regional Development Agency is responsible for the implementation of the 2014-2020 Regional Operational Program at the level of the Bucharest-Ilfov region, thus carrying out in this respect a series of activities: providing support to potential beneficiaries, including information sessions within the specialized structures organized for this purpose, through information campaigns at regional level, as well as by providing other information requested by the beneficiaries, in order to develop the financing projects through ROP; receiving and registering funding requests, in accordance with the relevant procedure, and evaluating applications for the administrative funding and eligibility purposes; on-site verification of projects, preparation and transmission to the Managing Authority of the funding contracts related to these projects, with the view of being approved/signed; monitoring the implementation of the approved projects; receiving and checking the reimbursement requests from beneficiaries.