1. OP Entrepreneurship and Innovations Launching Event in Latvia – 25 September 2007 Ms. Sanda Rieksta EU Funds Managing Authority

2. 2007-2013 Operational Program Human Resources and Employment Funding – 543.7 mEUR (12%) ESF funding 2

3. 2007-2013 Operational Program Entrepreneurship and Innovations Funding – 743.7 mEUR (16.4%) ERDF funding 3

4. 2007-2013 Operational Program Infrastructure and Services Funding – 3,2 bEUR (71.6%) ERDF and CF funding 4

5. National Strategic Reference Framework NSRF submitted to the EC on 28 June 2007 Commission Decision on 20 September 2007 5

6. OP Entrepreneurship and Innovations 2 OP Entrepreneurship and Innovations submitted to the EC on 20 July 2007 Commission Decision on 20 September 2007 6

7. Visit at the national chocolate factory Laima – ERDF beneficiary 7

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11. Signing the NSRF and OP Entrepreneurship and Innovations (25/09/07) 11

12. Signing the NSRF and OP Entrepreneurship and Innovations (25/09/07) 12

13. Signing the NSRF and OP Entrepreneurship and Innovations (25/09/07) 13

14. Home Page http://www.esfondi.lv 14

15. Launching 2007-2013 EU Funds MarchAprilMayJuneJulyAug.Sept.Oct.Nov.Dec. Approving MoC reg-s for EU funds activities Silence period Application Project appraisal Decisions on projects and contracting Certified expenditure– procurement, payments

16. 2007-2013 EU Funds doc hierarchy National Strategic Reference Framework 2007-2013 Approved by the EC EU Funds objectives; EU Funds allocation for 3 Operational Programmes 3 Operational ProgrammesApproved by the EC 1. Human Resources and Employment (ESF) 2. Entrepreneurship and Innovations (ERDF) 3. Infrastructure and Services (ERDF un CF) EU Funds priorities (15) and measures (31) / EU Funds allocation among EU funds and priorities 3 Operational Programme ComplentsApproved by the Cabinet of Ministers Provisions for implementing the EU Funds activities (~150) / EU Funds allocation among EU Funds activities Project selection criteria:Approved by the Monitoring Committee - Quality - Eligibility - Administrative Cabinet of Ministers regulations for implementing EU Funds activities (~150) Approved by the Cabinet of Ministers Provisions for project application, appraisal and implementation. Institutions administrating the EU funds activity, implementation terms, eligible expenditure, project selection criteria etc. 16

17. Structural Funds and Cohesion Fund Managing Authority Ministry of Finance of the Republic of Latvia 17 Thank you for your time and attention! Questions?Comments? sanda.rieksta@fm.gov.lv