The EUSBSR embodies the concept of macro-regional cooperation which is based on effective and more coordinated use of existing funding sources, and the promotion of synergies and complementarities.
It is stated in the Council Conclusions on the EUSBSR, adopted on 26 October 2009, the Strategy
"is financially neutral and relies on a coordinated approach, synergetic effects and, on a more effective use of existing EU instruments and funds, as well as other existing resources and financial instruments."
According to the Commission Communication (June 2009), the European Social Fund, European Regional Development Fund, Cohesion Fund, European Agricultural Fund for Rural Development and European Fisheries Fund (European Maritime and Fisheries Fund for the programming period 2014-2020), are the key funding sources of the Strategy.
However, the actions and projects under the Strategy and its Action Plan can be funded by many other financial sources (Horizon 2020, BONUS Joint Baltic Sea Research and Development Programme, the LIFE programme, Education and Culture programmes, the Interreg Baltic Sea Region Programme etc.), as well as national, regional, private sources.
A new tool for searching funding for projects in the Baltic Sea Region has been developed by INTERACT and Swedish Institute.
Baltic Funding Portal is an inventory of more than 300 funding instruments making cooperation possible in the Baltic Sea Region.
KEEP Database is a tool for searching EU-funded cross-border, transnational and interregional cooperation projects within the European Union and between European Union Member States and neighbouring countries. It also includes data on EU macro-regional strategies projects.
The database covers the 2000-2006 and 2007-2013 programming periods and will also include the 2014-2020 period. It is developed and administered byt INTERACT.