For the running period 2007 – 2013 there are over 20 different support programmes, some are based on a regional level, others on a national one. All programmes have their own conditions and requirements. If an applicant fulfils the requirements the subject can obtain non-returnable subsidies. The range of applicants is wide because regions, municipalities, alliances of municipalities, organizations established by regions or municipalities, schools and educational institutions, professional and interest associations, non-state non-profit organizations, entrepreneurs and others may ask for the support.
The authority of the support programme evaluates the quality of an application form as well as the quality of the applicant itself. Among conditions financial health of an organization could be always found because no one wants to support a unit which is likely to go bankrupt. The authority looks at the historical results and the organization's financial management. The critical question is how to evaluate the financial situation, predict financial problems and the reliability of this prediction. Corporate sphere has used bankruptcy models as quick indicators since 1950's or 60's. Today we can commonly meet ratings of businesses, as well as countries, regions or municipalities. Czech financial support programmes use their own prediction formulas. Each programme can have its own methodology.
For purposes of this article regions and municipalities will be analyzed. They are one consistent group of potential beneficiaries and according allocated money it is an important group as well. For purposes of this article regional operational support programmes are selected because regions and municipalities are active especially on the decentralised level and they ask for the money from regional supporters.
The situation is unclear because each programme can use its own methodology. Approaches monitoring financial situation of all regional operational supported programmes will be presented and compared. There are 7 regional operational programmes – ROP NUTS II North-West, ROP NUTS II North-East, ROP NUTS II Central Bohemia, ROP NUTS II South-West, ROP NUTS II South-East, ROP NUTS II Moravia-Silesia, ROP NUTS II Central Moravia. This methodological approach will be discussed with recommendations for regions and municipalities which were published in a relevant literature.
This paper is one of the outputs from the research project "Analysis and evaluation of investment projects financed from European funds" registered with the Internal Grant Agency of University of Economics, Prague under the number F3/32/2011.