European Social Fund+
About the European Social Fund+
The European Social Fund is the EU’s most important instrument for helping EU citizens with finding better jobs and for ensuring fairer job opportunities for all. For the funding of an employment-related project, both individuals and organisations can apply. For this purpose, it invests in Europe’s people and their skills. The ESF+ brings together the existing European Social Fund and the EU programme for Employment and Social Innovation (EaSI), the Youth Employment Initiative (YEI) and the Fund for Aid to the Most Deprived (FEAD). Its main goal is strengthening Europe’s social dimension, by putting the principles of the European Pillar of Social Rights into practice through 11 specific objectives.
The European Social Fund is designed and implemented in partnership between the European Commission and national and regional authorities. In partnership they agree on one or more Operational Programmes for ESF funding, for a seven-year programming period. Priorities for ESF activities and objectives thereof are described in so-called Operational Programmes. The EU distributes ESF funding to the Member States and regions to finance these Programmes. Consequently, the latter fund employment-related projects ran by beneficiaries (a range of public and private organisations) which benefit their participants (usually individuals, but also companies or organisations). The level of ESF funding and the types of projects that are funded differ from one region to another depending on relative wealth. This is to ensure effective and efficient funding that meets the needs of the region or community concerned. To that effect funding is based on principles guiding the functioning thereto:
ESF funding is available through the Member States and regions. The funds are made available by the European Commission. However, it is not responsible for the distribution thereof. In order to obtain ESF funding both individuals and organisations should contact the ESF Managing Authority in their country or region to receive information on the application process.
Opportunities For Aruba
Given that Aruba is essentially a monoeconomic entity with tourism as its only economic base most job opportunities are available in that area. However, for some it can be didficult finding a suitable job. For this purpose, the European Social Fund+ can serve as a programme ensuring faired and suiting job opportunities by investing in skills.
The European Social Fund is the EU’s most important instrument for helping EU citizens with finding better jobs and for ensuring fairer job opportunities for all. For the funding of an employment-related project, both individuals and organisations can apply. For this purpose, it invests in Europe’s people and their skills. The ESF+ brings together the existing European Social Fund and the EU programme for Employment and Social Innovation (EaSI), the Youth Employment Initiative (YEI) and the Fund for Aid to the Most Deprived (FEAD). Its main goal is strengthening Europe’s social dimension, by putting the principles of the European Pillar of Social Rights into practice through 11 specific objectives.
The European Social Fund is designed and implemented in partnership between the European Commission and national and regional authorities. In partnership they agree on one or more Operational Programmes for ESF funding, for a seven-year programming period. Priorities for ESF activities and objectives thereof are described in so-called Operational Programmes. The EU distributes ESF funding to the Member States and regions to finance these Programmes. Consequently, the latter fund employment-related projects ran by beneficiaries (a range of public and private organisations) which benefit their participants (usually individuals, but also companies or organisations). The level of ESF funding and the types of projects that are funded differ from one region to another depending on relative wealth. This is to ensure effective and efficient funding that meets the needs of the region or community concerned. To that effect funding is based on principles guiding the functioning thereto:
- Co-financing ensures ownership at national and regional level.
- Shared management supports responsibility at the appropriate level to be taken.
ESF funding is available through the Member States and regions. The funds are made available by the European Commission. However, it is not responsible for the distribution thereof. In order to obtain ESF funding both individuals and organisations should contact the ESF Managing Authority in their country or region to receive information on the application process.
Opportunities For Aruba
Given that Aruba is essentially a monoeconomic entity with tourism as its only economic base most job opportunities are available in that area. However, for some it can be didficult finding a suitable job. For this purpose, the European Social Fund+ can serve as a programme ensuring faired and suiting job opportunities by investing in skills.
