As the result of the 1st call for seed money projects, 19 projects have been selected for funding by the Monitoring Committee (MC) of the Interreg South Baltic Programme 2014-2020. The allocated resources from the European Regional Development Fund to these projects amount to approximately 580 000 EUR. The projects approved cover six out of seven specific objectives of the Programme (no projects approved under specific objective 4 'skills development'). Majority of the lead partners of the approved projects were from Poland (12 projects).

Eleven proposals were submitted within the 2nd call for seed money.  The call was open between 10th and 30th January 2017 for specific objectives 3.1 (Improve the quality and environmental sustainability of transport services in the South Baltic area) and 4.1 (Increase the share of skilled labour force working in blue and green economy sectors of the South Baltic area through joint cross-border actions).

Five ideas for sustainable transport and six for skills development seek financial support from the ERDF amounting to 356,000 EUR in total. Germany leads the way with a turnout of four proposals coordinated by German partners, followed by Poland with three, Sweden and Lithuania each with two.

The seed money facility of the South Baltic programme seeks to leverage project generation and partnerships.

Next seed money calls are planned in II/III Quarter 2021 and III/IV Quarter 2022 depending on the availability of savings generated by finalised projects.