The mission of the Fund is to promote:

• The development of closer cooperation between the Western Balkans Contracting Parties
• The strengthening of ties between the Western Balkans Contracting Parties
• The integration of the Contracting Parties into the European Union
• Common presentation of the WBF Contracting Parties to the third countries

The objectives of the fund will be pursued through financial support of activities in any field which contributes to cross – border and inter – regional cooperation and to the strengthening of regional cohesion, in particular in the following areas:

• Promotion and development of cultural cooperation
• Promotion and development of scientific exchanges, research and cooperation in the field of education between the Contracting Parties
• Promotion and development of exchanges between young people
• Promotion of sustainable development of the Contracting Parties