The European Globalisation Adjustment Fund (EGF) provides support to people losing their jobs as a result of major structural changes in world trade patterns due to globalisation, for instance when a large company shuts down or production is moved outside the EU, or as a result of the global economic and financial crisis. This fund is designed to help workers made redundant find another job or set up their own business.

The EGF can co-finance projects including measures such as:

  • help with looking for a job;
  • careers advice;
  • education, training and re-training;
  • mentoring and coaching;
  • entrepreneurship and business creation.

It can also provide training allowances, relocation allowances, subsistence allowances or similar support.


It can fund up to 60% of the cost of projects designed to help workers made redundant find another job or set up their own business.


As a general rule, the EGF can be used only where over 500 workers are made redundant by a single company (including its suppliers and downstream producers), or if a large number of workers are laid off in a particular sector in one or more neighbouring regions.


The EGF does not co-finance social protection measures such as pensions or unemployment benefit.