Investing in tomorrow's healthcare

European Regional Development Fund (ERDF)

The ERDF aims to strengthen economic and social cohesion in the European Union by correcting imbalances between its regions. It manages the EU funding that is dedicated to regional development. ERDF supports the projects and activities that stimulate the regional economic development and reduce the economic disparity within the member states of the EU through actions such as business innovation and support and regeneration. In consultation with London stakeholders, the European Programmes Management Unit drafted the London 2007-2013 Operational Programme. This OP sets out strategy and priorities for the ERDF investment in London which includes the Capital Accelerator Programme (CAP). The Angels in MedCity initiative is co-funded by the ERDF as part of the CAP programme.

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