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The '''European Social Fund (ESF)''' is the oldest of four European [[Structural Fund]]s that provide grants to support [[Economic development | economic development]] within the [[European Union]]. It was created by the [[Treaty of Rome]] in [[1957]] and became operational in [[1960]]. Its purpose is to increase employment, especially through funding vocational training. Over the period [[2007]] to [[2013]], the intention is to use the ESF to support the [[Lisbon Strategy]]. ==History== Following a review in the early [[1980]]s, the ESF concentrated on combating youth unemployment. Later, a stronger focus was given to employment development in regions with low incomes and weak economies. The ESF also funds the [[EQUAL]] Community Initiative. ==Eligible costs== The ESF provides grants for running costs, and there are detailed regulations about what expenditure may be used to claim grant. Unlike the [[European Regional Development Fund]] (ERDF), it does not provide capital grants for infrastructure. If there is a need for a new vocational training centre, the ERDF would be able to provide a capital grant to assist with construction costs and the ESF could provide a grant towards the running costs. The programme period 2007-2013 will now be coming into use. The new Convergence/Cohesion programme will constitute about 1/3 of the EU budget. Priority will be given to less developed nations. The priority will be given to work which will enhance economic growth in the region however there is a strong environmental and biodiversity element within the funding stream. == References == * Donal McElwee: ''[http://stuwww.uvt.nl/tflr/Articles/Donal%20McElwee.PDF The European Social Fund: Monitoring and Compliance in the UK]'', Tilburg Foreign Law Review 10 (2002) pp 218-236. == External links == * [http://europa.eu.int/comm/employment_social/esf2000/index_en.html Detailed information about the European Social Fund from the European Commission] * [http://www.welcomeurope.com News on European Funds such as European Social Fund] [[Category:Structural Funds]] {{European Funding}} {{EU-stub}}
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