In the period 2009-14, the EEA Grants support 86 programmes in 16 countries in Europe. The EEA Grants are available to the 13 EU member countries that joined the EU and the European Economic Area (EEA) in 2004, 2007 and 2013 as well as Greece, Spain and Portugal.
The EEA Grants are jointly financed by Iceland, Liechtenstein and Norway. The three countries contribute to the grant scheme according to their size and economic wealth. Of the €993.5 million set aside for the 2009-14 period, Norway represents around 94%, Iceland close to 5% and Liechtenstein just over 1%. The decision-making body of the EEA Grants is the Financial Mechanism Committee, which is composed of representatives of the Foreign Ministries of Iceland, Liechtenstein and Norway.