European structural and investment funds 2014-20
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EUROPEAN STRUCTURAL AND INVESTMENT FUNDS 2014-20 Ely, 28 February 2014
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This presentation was given at the Opportunities for European Funding in East of England event on the 2 February 2014. Michael Barnes (Greater Cambridge Greater Peterborough) discusses LEP role in European funding, social inclusion funding and gives a funding overview. Find out more about NCVO's european policy work: http://europeanfundingnetwork.eu
Transcript of European structural and investment funds 2014-20
EUROPEAN STRUCTURAL AND INVESTMENT FUNDS 2014-20
Ely, 28 February 2014
The GCGP area
The LEP Team …
… and you!
Our EU Funding Priorities
LEP Prize Challenge
• £1m fund for Voluntary and Social Enterprise led projects
• Getting people job ready (1,000) and into work (250)
• Eight winners in the 1st round
Headlines
• Approximately £72m EU allocation for 2014-2020 (ERDF, ESF, EAFRD)
• Supports Strategic Economic Plan priorities• Investment priorities based on LEP priorities
and stakeholder consultation• Project activity to be locally compliant• Multi-partner approach • Awaiting Government feedback
LEP role in European Funding
• LEPs responsible for prioritising spend locally• 20% of European Social Fund to tackle social
inclusion and combat poverty• GCGP to facilitate proposals for local projects• Public and private sector match funding required• Social inclusion match funding through Big
Lottery opt-in model and Civil Society
Funding overviewFund EU allocation Total with match
€ £ € £
ERDF 37,750,000 32,000,000 75,500,000 64,000,000
ESF 37,750,000 32,000,000 75,500,000 64,000,000
EAFRD 9,240,000 7,390,000 18,480,000 14,780,000
Total 84,740,000 71,390,000 169,480,000 142,780,000
ERDF – Innovation, ICT, SME Competitiveness, Low Carbon Economy
ESF – Skills, Employability, Social Inclusion
EAFRD – for complementary provision in rural areas
Social Inclusion Funding
• £3.46m ESF through BIG - £6.92m total with match• £1.5m ESF through Civil Society - £3m with match• Targeted at those furthest from the labour market,
education or training• Locally prioritised and designed• Expectation of significant VCSE engagement• Bidding and delivery mechanism to be agreed• Plus £1.5m (£3m) through CLLD
Outputs and Results
• ≈ 5,500 businesses supported• ≈ 200 start-up businesses supported• ≈ 8,000 new jobs created• ≈ 10,000 participants in skills and training• ≈ 5,000 young people supported
Michael BarnesProgramme Manager
[email protected] 967009
@YourLEP
EU Investment Strategy available atwww.gcgp.co.uk
