The Regional Development Fund of Central Macedonia was established in 1997 and is supervised by the Ministry of Interior. From 2011, the Regional Development Fund of Central Macedonia came under the jurisdiction of the Region of Central Macedonia.

It is a Private - Law Legal Entity and is administered by the Management Board (MB) of nine (9) members, whose President is the Governor of the Region of Central Macedonia. The rest of the members of the Management Board are General Directors from the Region of Central Macedonia, representatives of the political parties of the Regional Council and representatives from local Chambers and the Local Workers Union.

Aim & Competences

The RDF CM is responsible for a series of tasks and mainly include the following:

• The management of credits pertaining to the Program of Public Investments of Greece; the management of funds which stem from public bodies, legal persons, the European Union Programs and other International Organizations Programs regarding the regional, local and spatial developing programs that take place in the Region of Central Macedonia.
• The checking, authorization and payment of expenses made by the Region of Central Macedonia and other bodies in the region which are included in the National Strategic Reference Framework 2014-2020 (NSRF 2014-2020)
• The provision of technical support, know-how and funding for the integrated elaboration of studies, surveys, towards the most efficient implementation of programs for the Region of Central Macedonia.
• The implementation of EU funded Projects.
• The cooperation with the Region of Central Macedonia in preparing and submission of proposal for EU funded Projects.