Institutional framework:

• A regulatory code
• A focus on people, not assets
• Separation of functions between the body awarding funding and the technical team responsible for evaluating projects
• Exclusion of elected public officials from decisions on award of funding.

Selectivity and filters:

• Ex-ante definition of Fund indicators
• Public evaluation criteria
• Focalisation criteria (local economy, project size, etc.)
• Certifiable requirements
• Focus on project quality.