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THE NORTHWEST COMPETITIVENESS OPERATIONAL PROGRAMME 2007–2013

THE NORTHWEST COMPETITIVENESS OPERATIONAL PROGRAMME 2007–2013. CONTENT. What is the Northwest Operational Programme? Objectives and Investment Marketing Management Opportunity. NWOP FIVE PRIORITIES. Stimulating Enterprise and supporting growth in target sectors and markets

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THE NORTHWEST COMPETITIVENESS OPERATIONAL PROGRAMME 2007–2013

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  1. THE NORTHWEST COMPETITIVENESS OPERATIONAL PROGRAMME 2007–2013

  2. CONTENT • What is the Northwest Operational Programme? • Objectives and Investment • Marketing • Management • Opportunity

  3. NWOP FIVE PRIORITIES • Stimulating Enterprise and supporting growth in target sectors and markets • Exploiting Innovation and Knowledge • Creating conditions for sustainable growth • Growing and accessing employment • Technical Assistance Achieved ensuring environmental sustainability and equality and diversity

  4. ACTION AREAS- PRIORITIES 1&2

  5. VENTURE CAPITAL LOAN FUND • Seed Capital • Loan and Venture Capital Fund • Access to Finance service • Small Loan fund

  6. ACTION AREAS – PRIORITIES 3&4

  7. MERSEYSIDE PHASING IN AREA • Merseyside ring fenced phasing funding £212m • 85% of this is in the first 4 years! • Supports additional sectors (re Maritime, Tourism) • Specific support for gateways on Merseyside • Additional funds for tourism facilities and environmental improvement

  8. CROSS CUTTING THEMES • Global Target: 25% net carbon dioxide reduction • Developing a carbon accounting tool for NWOP projects • Each Action Area to have an associated carbon `Cap’ • Environmental Management System for CCT • Addresses wider environmental impact/appraisal issues • Includes a communications programme to support applicants

  9. CROSS CUTTING THEMES • Equality and Diversity • Aim to generate opportunity under E&D principles • Monitoring of projects to achieve this CCT Managers in Programme Executive to manage this

  10. INVESTMENT • Funding and Intervention Rate • Outputs, Results, and Impacts

  11. NWOP ERDF FUNDING 2007-13

  12. MATCH FUNDING AND INTERVENTION RATE • Match funding – public, some private but no in kind • Sources (i.e. LEGI, HEFC, NWDA etc) • Intervention (grant) rate – 50% (or better)

  13. OUTPUTS, RESULTS, AND IMPACT

  14. OUTPUTS, RESULTS, AND IMPACT cont.

  15. MARKETING • Marketing Officer • Website - www.erdfnw.co.uk • Branding

  16. MARKETING AND PUBLICITY

  17. BRANDING

  18. MANAGING THE PROGRAMME ACTION • Planning NWOP for 18 Months – consulted widely • Joint working with CLG and RDAs at National level • Cross Agency Transition Team including Government Office • Enhanced Agency systems and processes to manage ERDF • Established dedicated cross Agency ERDF Team

  19. GOVERNANCE

  20. OPENNESS AND EFFICIENCY APPLICATION • One application process ERDF and NWDA funding CONSULTATION AND APPRAISAL • Consultation with partners and PMC at key stages • Appraisal- alignment to NWOP(IFs), RES, Sub Regional Action Plans & meets regulations APPROVAL • Endorsements from PMC/Sub Committees • NWDA Board – including approval process ERDF and NWDA funding

  21. ESTABLISHING THE PROGRAMME TO BE SUCCESSFUL WE NEED: • Good project ideas and applications from you that meet NWOP finance and output/outcome targets • Projects with strong committed leadership and sound delivery partners that achieve promised results • Effective project management and compliance to regulations • Sound Governance and Leadership from the PMC

  22. OPPORTUNITY DEVELOPING YOUR PROJECT Designated Project Development Manager for support on: • Applications process • Understanding regulations • Fit to the Strategy (NWOP, Sub Regional Action Plans, RES)

  23. OPPORTUNITY WHERE TO START • Open for applications from 3rd March • Contact Us - Website www.erdfnw.co.uk - Tel 01925 400121 - Email erdf@nwda.co.uk - Via Sub Regional Partnerships

  24. Sub Regional Partnerships • Cumbria Vision • Lancashire Economic Partnership • Cheshire & Warrington Economic Alliance • The Mersey Partnership • Greater Manchester Forum

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