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3 Priority / Thematic Objective (TO) Priority 1 (TO 1) Priority 2 (TO 2) Priority 3 (TO 6) Priority 4 (TO 10) EC Co-financing (a) indicative Finland Co-financing (b) Russia Co-financing (c) Co-financing rate (in %) (d) Total funding (e) = (a)+(b)+(c) TOTAL PRIORITIES Technical assistance

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5 Description Indicators Verification Baseline and target value Overall objective: To attract businesses to invest, locate and operate in the programme area Purpose / Programme Priority: Lively, active and competitive economy Output 1 /CBC 3 Knowledge of cross-border business, international trade, and skills demanded have improved, and businesses are able to operate in foreign cultures Output 2 New business opportunities and modernization of businesses Output 3 New regional SME support structures Output 4 New cross-border economic clusters have been created Increase in the number of SMEs operating cross-border and number of new business investments Number of enterprises participating in cross-border business events Number of business organisations receiving support Number of created structures Number of new cross-border economic clusters Statistics the projects the projects the projects the projects target target target target 5-10

6 Description Indicators Verification Baseline and target value Overall objective: To increase the level of education among young and elderly people and to guarantee skilled workforce Purpose / Programme Priority: Innovative, skilled and welleducated area Increase in knowledge intensive educational level Statistics Output 1 / CBC 5 Increased cooperation between SMEs and research institutions Number of enterprises using programme support for cooperating with research institutions the projects target Output 2 Increased skills and lifelong learning Number of <24 years and >45 years participating to educational events the projects target New cross-border curricula Number of curricula created the projects target 5-10

7 Description Indicators Verification Baseline and target value Overall objective: To maintain and preserve the fresh water reservoirs and the sea clean and to attract tourists and new inhabitants with pure and clean environment Purpose / Programme Priority: Improved living environment Survey Attractive and clean environment and region Increased number of recreational areas Statistics Output 1 / CBC17 Increased environmental awareness Number of persons participating in awareness raising activities projects target Output 2 Improved systems on water and waste management Output 3 Number of project proposals to be financed the PROMAS target Reduction of environmental load and risks Number of project proposals to be financed the PROMAS target 15-20

8 Description Indicators Verification Baseline and target value Overall objective: To guarantee safe, secure, smooth and efficient border-crossings and easy mobility Purpose / Programme Priority: Well-connected region Reduced waiting time on border crossing points Statistics, surveys, interviews Output 1 Improved traffic safety on cross-border roads Output 2 / CBC 27 Improvement of roads in the vicinity of border crossing points Output 3 Improvement of border crossing points (land, water, rail) with increased throughput capacity Number of accidents Statistics baseline 2014 level target -10% Total length of reconstructed or upgraded roads Number of improved border crossing points projects projects target km target 5

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