EGF 2014 – 2020

EGF 2014 – 2020

For the period 2014 – 2020, Member States could generally make applications for assistance from the European Globalisation Adjustment Fund (EGF) in cases where at least 500 workers were made redundant in a specific company (including suppliers / downstream producers) in a 4 month period, or at least 500 redundancies in a specific sector in a 9 month period.

However, in small labour markets or in exceptional circumstances, applications could be made where these criteria were not entirely met if there was a serious impact on employment and the local, regional or national economy.

The scope of the EGF covered education and training programmes, career advice and guidance and enterprise supports.  The EGF programme supports were only provided within a 24 month period starting from the date of submission of an EGF application.

For the 2014 – 2020 period, the EGF had a maximum annual budget of €150 million. It could fund up to 60% of the cost of supports designed to help redundant workers find another job or set up their own business.

Ireland made 3 successful applications for EGF funding during this period, 2 were in 2014 for Andersen Ireland and Lufthansa Technik Airmotive Ireland and 1 in 2015 for PWA International.  

Details of these programmes are included in EGF Programmes in Ireland.