The project being run jointly by ULB and VUB as part of Usquare.brussels was presented today at a meeting of all Brussels project owners in the 2014-2020 funding round of the European Regional Development Fund (ERDF).
The joint initiative of ULB and VUB is among the 46 very diverse projects, all briefly presented this morning, which are receiving support from the ERDF within the framework of the European cohesion policies. In total, these 46 projects have a budget of €190 million, funded in equal measure by the European Union and the Brussels-Capital Region.
During the previous ERDF funding round in Brussels, covering the period 2007-2013, €108 million was invested in 32 projects. Among other things, these generated 1,300 jobs, led to the creation of 18,000 m2 of buildings for use as business premises, and enabled numerous significant projects to be completed in the Canal Area, including Espace Hôtelier BELvue, Port Sud, RecyK, Greenbizz, Foodmet, MAD, Divercity and others.
