Fund finances national programs of Member States for rural development. This is a fund that subsidizes investments in agriculture, manufacturing, forestry industry. In rural communities fund supports projects to improve infrastructure, to start a small business, rural tourism and other alternative activities.

The total amount of funds for the period 2007 -2013 provided by the European Agricultural Fund for Rural Development is 2609 million. National co-financing is 20 percent (about 633 million). Overall, funding for rural development for the period amounted to 3242 million euro.