To reduce persisting regional disparities between the Member States of the European Union, a wide set of support measures and subsidies has been set up. This chapter aims at investigating the effects of funding for a region that is lagging behind in economic development. The case study for this investigation is Burgenland, the only objective 1 region in Austria – a region with low economic development compared to the EU average – and focuses on an important sector in this region, viticulture. The following research question is asked: Is EU objective 1 funding contributing to increase competitiveness of wine farming in Burgenland compared to the other wine growing regions of Austria?