The International Visegrad Fund is an international organization based in Bratislava founded by the governments of the Visegrad Group (V4) countries—the Czech Republic, the Republic of Hungary, the Republic of Poland, and the Slovak Republic—in Štiűín, Czech Republic, on June 9, 2000.
The purpose of the Fund is to facilitate and promote the development of closer cooperation among V4 countries (and of V4 countries with other countries, especially but not exclusively non-EU member states in Eastern Europe, the Western Balkans and the South Caucasus) through grant support of common cultural, scientific and educational projects, youth exchanges, cross-border projects and tourism promotion, and through individual mobility programs (scholarships, residencies).
The budget of the Fund (€6 million as of 2010) consists of equal contributions of the Visegrad Group’s governments. The Fund runs four grant programs (Small Grants, Standard Grants, the Visegrad Strategic Program and the Visegrad+ program), four scholarship schemes, an artist-in-residence program and a curriculum-building program for universities.
Non-governmental organizations (NGOs), municipalities and local or regional governments, schools and universities, but also private companies or individuals are eligible for the grant support provided that their projects deal with the region and further develop cooperation among project partners based in the region.
The governing bodies of the Fund are the Council of Ambassadors and the Conference of Ministers of Foreign Affairs. The executive body of the Fund is composed of the Executive Director and the Deputy Executive Director. The administrative body of the Fund is the Secretariat.