During the 6th Programming Committee, held in Athens on 21st of October, the new Small project Fund (SPF) was presented. This definition appeared for the first time in the CPR for the 2021 -2027 programming period.
Small project Fund is an operation in an Interreg programme aimed at the selection and implementation of projects, including people-to-people actions, of limited financial volume.
The total contribution from the ERDF to small project funds within an Interreg programme shall not exceed 20% of the total allocation of the Interreg programme.
You can find more information in the following documents.