European Social Fund Announcement

The European Commission has adopted its proposals for a renewed European Social Fund, the 'European Social Fund Plus' (ESF+), and a strengthened and more effective European Globalisation Adjustment Fund (EGF). Both are geared to invest in people: ensuring they are equipped with the right skills needed to deal with challenges and changes on the labour market, following up on the European Pillar of Social Rights.

More information on the European Social Fund Plus is available in this press release and memo as well as this factsheet.

The Commission also proposed to double funding for the Erasmus programme to €30 billion. The aim of the Commission's proposal is to:

·       Increase the number of beneficiaries: Doubling the programme's budget will make it possible to support up to 12 million people between 2021-2027 - three times as many as in the current financing period. Beneficiaries include school pupils, higher education students, trainees, teachers, trainers, youth workers, sports coaches, and also learners in vocational education and training and adult learning staff, including those participating in ErasmusPro.

 

·       Reach out to people from all social backgrounds: Through new formats and easier access for smaller and grassroots organisations, the new programme will make it easier for people from disadvantaged backgrounds to participate.

 

·       Build stronger relations with the rest of the world: Mobility and cooperation with third countries will also be boosted, through a combination of physical and virtual mobility and introducing the possibility for vocational learners to have a mobility experience outside of Europe

 

·       Focus on promoting forward-looking study fields: The strengthened programme will give more attention to study fields such as renewable energy, climate change, environmental engineering, artificial intelligence or design.

 

The proposal for the new Erasmus programme also proposes to support the set up of centers of vocational excellence to act as drivers of excellence and innovation and promote a proactive role for vocational education and training in local and regional economic development, including by acting as entrepreneurial incubators and catalysts for investment.

More information on Erasmus is available in this press release and in a factsheet on Erasmus.

AlThe European Commission has adopted its proposals for a renewed European Social Fund, the 'European Social Fund Plus' (ESF+), and a strengthened and more effective European Globalisation Adjustment Fund (EGF). Both are geared to invest in people: ensuring they are equipped with the right skills needed to deal with challenges and changes on the labour market, following up on the European Pillar of Social Rights.l

All legal texts are published under: https://ec.europa.eu/commission/publications/investing-people_en

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