European structural and investment funds 2014 20 ely 28 february 2014
Download
1 / 11

EUROPEAN STRUCTURAL AND INVESTMENT FUNDS 2014-20 Ely, 28 February 2014 - PowerPoint PPT Presentation


  • 137 Views
  • Uploaded on

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)

loader
I am the owner, or an agent authorized to act on behalf of the owner, of the copyrighted work described.
capcha
Download Presentation

PowerPoint Slideshow about ' EUROPEAN STRUCTURAL AND INVESTMENT FUNDS 2014-20 Ely, 28 February 2014' - marja


An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript


The lep team
The LEP Team …

… and you!



Lep prize challenge
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
Headlines

  • Approximately £72m EU allocation for 2014-2020 (ERDF, ESF, EAFRD)

  • SupportsStrategic 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
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 overview
Funding overview

ERDF – Innovation, ICT, SME Competitiveness, Low Carbon Economy

ESF – Skills, Employability, Social Inclusion

EAFRD – for complementary provision in rural areas


Social inclusion funding
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
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 [email protected] [email protected] Investment Strategy available atwww.gcgp.co.uk


ad