EN
The New Regional Policy of the European Union creates specific challenges for legal entities responsible for management of the territorial development. The new model of policy is focused on the territorial public intervention (a place-based policy) as well as on the Multi-Level Governance. Based on the review of premises and the essence of the New Regional Policy, the paper indicates main mechanisms and instruments, allowing the enhancement of the effectiveness of entities managing the development in functional areas. The paper underlines the role of networked triple-sector, hybrid partnerships, which - in parallel to the public system - will determine processes of the management of development.