8 Possible reasons: difficulty to comply with the Commission's eligibility and timing requirements Possible reasons: difficulty to comply with the Commission's eligibility and timing requirements Lessons from recent History Only a small portion of the ERDF Funds intended for SME financing was actually utilised across period of 2001 - 2006 Policy Difficulties Hence the need for reviewing the ERDF disbursement procedure in order to optimize the utilization of the funds and support a greater number of SMEs
{}