The aim of the project is to support new entrepreneurs who will establish their enterprises in the business complex of the Caballero Factory, with the intention of improving their chances of success.

The Caballero Factory is presently being converted. Progress of the redevelopment has been shown on the project website since 1 September. Via this website, interested parties can take a virtual tour of the various work areas. In order for starters to be supervised from January 2006, promotional campaigns have been planned for august 2005, with workshops and meetings for entrepreneurs.

The starters centre will contribute to promoting and strengthening the area and provide opportunities for the business community. Support for the starters will help with the economic development of the area.

European subsidy: € 100.000
Total cost: € 200.000

This project has been partially funded with Objective 2 funds. Since 2000 nine cities have been eligible for the Objective 2 Urban Areas in the Netherlands programme, which forms part of the European Fund for Regional Development (EFRD) of the European Union. EFRD is one of the four Structural Funds of the European Commission. The programme helps cities to carry out projects that benefit disadvantaged areas.

In the Netherlands, total European Objective 2 subsidies concern 192 million euros. 4.25% of the Dutch population lives in the selected areas.

The European Commission prescribes that for every euro from the EFRD, a minimum of one euro must be contributed from the government. The cities must therefore add their own public or private funding to the European subsidy. The European programme is linked to the urban plans agreed within the context of the urban policy of the Ministry of the Interior and Kingdom Relations. For this, the cities can make use of funds that have been allocated to them in the context of the national urban policy.

Den Haag Centrum Zuid - local programme management
Phone: +31 70 - 3534228

27/04/2006

case

Urban Policy > Economy knowledge & employment

Research & innovation, Urban economy, Urban economy, Urban economy