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EGF – European globalisation adjustment fund – 2021-2027

Grants for projects to support workers made redundant or in cessation of activity

Budget

210 million euro

Beneficiaries

Professional organisation & network
State administration & affiliated entities

Type of financing

Grant – Co-financing

Budget
210 million euro
Bénéficiaires
Professional organisation & network
State administration & affiliated entities
Type de financement​
Grant – Co-financing
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The European globalisation adjustment fund is a fund to show solidarity and support for redundant workers and self-employed workers made redundant in the event of large-scale unforeseen restructuring.

Objective

To provide support for workers made redundant and self-employed workers made redundant as a result of large-scale unforeseen restructuring, in particular due to problems resulting from globalisation, such as major structural changes in international trade patterns, trade disputes, financial or economic crises, the transition to a low-carbon economy, or as a result of digitisation or automation.

Financed actions

  • Active labour market measures as part of a coordinated package of personalised services to facilitate the reintegration of the targeted beneficiaries into the paid or self-employed labour market.
  • Tailor-made training and retraining, including in information and communication technologies and other skills required in the digital age, certification of acquired experience, job-search assistance, career guidance, counselling, mentoring, outplacement assistance, promotion of entrepreneurship, support for self-employment, business start-ups and employee takeovers, and cooperation actions
  • Special measures of limited duration, such as job-search allowances, hiring incentives for employers, mobility allowances, subsistence allowances or training allowances

How it works ?

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