It will be the last EU contribution to the fund which is due to expire in 2010.
Since it was set up in the wake of the 1985 Anglo-Irish Agreement, the fund has helped create some fifty-five thousand jobs in the North.
Fine Gael MEP and Senator Jim Higgins said this last cash injection will help promote reconciliation programmes among young people in the north and the border counties.
COMMENT RULES: Comments that are judged to be defamatory, abusive or in bad taste are not acceptable and contributors who consistently fall below certain criteria will be permanently blacklisted. The moderator will not enter into debate with individual contributors and the moderator’s decision is final. It is Belfast Telegraph policy to close comments on court cases, tribunals and active legal investigations. We may also close comments on articles which are being targeted for abuse. Problems with commenting? email@example.com