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NEW ANGLIA LEP
EU Structural & Investment
Fund Strategy
28th February 2014
Overview
• Approximately £94m of EU allocation for
2014-2020 (ERDF, ESF, EAFRD)
• Funding ‘live’ by late 2014/early 2015
• Supports Strategic Economic Plan
• Provides the ‘hooks’ for project activity
• Firm basis of stakeholder consultation
• Multi-partner approach to development and
delivery
• Strategy endorsed by LEP Board 24th Jan ‘14
• Submitted to Government 31st Jan ‘14
Funding
Fund EU allocation Total spending (matched)
€ £ € £
ERDF 47,250,000 40,455,450 94,500,000 80,910,900
ESF 47,250,000 40,455,450 94,500,000 80,910,900
EAFRD 16,255,751 13,015,876 32,511,502 26,031,752
Total 110,755,751 93,926,776 221,551,502 187,853,552
ERDF – SME competitiveness, Innovation, Low Carbon economy
ESF – Skills, Employability, Social inclusion
EAFRD – for complementary provision in rural areas
Investment priorities and Spending proportions
Thematic Objective (prioritised) ERDF ESF % spend £ spend
Education and Skills  50% £20,23m
SME competitiveness  40% £16,18m
Innovation  27.5% £11,13m
Social inclusion  23% £9,30m
Low carbon economy  20% £8,09m
Employment and labour mobility  19.5% £7,89m
Climate change  5% £2,02m
Protecting the environment*  Nil Nil
ICT  Nil Nil
Sustainable transport*  Nil Nil
Community Led Local Development  7.5%  7.5% 7.5% £6,0m
* To be integrated into all projects as ‘cross cutting themes’
Investment Measures : EAFRD
• Allocations only received from Defra in December.
Subject to change.
Measure Proportion of spend EAFRD £
Building knowledge and skills in rural
areas 25% £3,253,969
Advisory Services
Business Development / Support 25% £3,253,969
Basic Services, inc. broadband 25% £3,253,969
Co-operation, inc. tourism 25% £3,253,969
TOTAL 100% £13,015,876*
National Opt-in Services
Decisions ‘ring-fence’ 23% of ERDF and 80% of ESF allocations for opt-ins.
Opt-In Decision Initial Period
of opt-in
Amount £
(per year or
total)
ERDF MAS Opt IN 3 years 200-400k pa
Growth Accelerator Opt IN 3 years 150-250k pa
UKTI Trade Opt IN 3 years 200-400k pa
Low Carbon Fund Opt IN Duration 3,000,000
ESF Skills Funding Agency Opt IN Duration 25,091,000
Big Lottery Fund Opt IN Duration 7,443,803
Community Led Local Development
• Bottom-up approach to strategic decision-
making – funding through Local Action Groups.
• EC are keen on this mechanism
• 7.5% of the programme (ERDF and ESF only)
allocated to CLLD (£6m)
• Complementary to LEADER approach in rural
areas
• Can include urban areas for the first time
• CLLD areas yet to be confirmed – likely to
include Norwich and Gt. Yarmouth / Lowestoft
Social inclusion – Big Lottery / CLLD
• £7.4m ESF through BIG - £15m total with
match
• Targeted at those furthest from the labour
market, education or training
• Local bespoking
• Expectation of significant VCS routing
• Delivery specifics to be agreed
• Plus £6m (£12m) through CLLD
Governance and Delivery
• LEPs will not have an official role in the administration of the
EU funds. Government is still negotiating delivery models and
“business process” with the EC, who remain concerned about
risk.
• Possible mix of ‘commissioning’ and ‘open bidding’
• It is anticipated that some resource (technical assistance) will
be made available locally to assist in delivery.
• Likely to require establishment of broad multi-partner local
‘Investment Committee’ to review projects.
• Norfolk County Council, in partnership with NALEP and Suffolk
County Council have secured some funding from the current
ERDF programme to support project pipeline.
Outputs and Results
• ≈ 5,000 businesses supported
• ≈ 1,000 start-up businesses supported
• ≈ 2,000 new jobs created
• ≈ 20,000 participants in skills and training
• ≈ 10,000 young people supported
What now?
• Opportunities for public, private and VCS
projects.
• Start thinking about projects
• Work collaboratively
• 3 new ‘EU Facilitators’ in post soon
NALEP VCSE Challenge Fund
• £250k of Growing Places Fund
• Start in April 2014
• Rolling out GCGP model
• Run by Norfolk and Suffolk Community
Foundations
• 9 awards of 20k, then 2 of £25k
• 75 people into work and 250 ‘work ready’
Contact
Alastair Rhind
EU Programmes Manager
alastair.rhind@newanglia.co.uk
01603 510080
EU Investment Strategy available at:
www.newanglia.co.uk

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New Anglia - Local Enterprise Partnership

  • 1. NEW ANGLIA LEP EU Structural & Investment Fund Strategy 28th February 2014
  • 2. Overview • Approximately £94m of EU allocation for 2014-2020 (ERDF, ESF, EAFRD) • Funding ‘live’ by late 2014/early 2015 • Supports Strategic Economic Plan • Provides the ‘hooks’ for project activity • Firm basis of stakeholder consultation • Multi-partner approach to development and delivery • Strategy endorsed by LEP Board 24th Jan ‘14 • Submitted to Government 31st Jan ‘14
  • 3. Funding Fund EU allocation Total spending (matched) € £ € £ ERDF 47,250,000 40,455,450 94,500,000 80,910,900 ESF 47,250,000 40,455,450 94,500,000 80,910,900 EAFRD 16,255,751 13,015,876 32,511,502 26,031,752 Total 110,755,751 93,926,776 221,551,502 187,853,552 ERDF – SME competitiveness, Innovation, Low Carbon economy ESF – Skills, Employability, Social inclusion EAFRD – for complementary provision in rural areas
  • 4. Investment priorities and Spending proportions Thematic Objective (prioritised) ERDF ESF % spend £ spend Education and Skills  50% £20,23m SME competitiveness  40% £16,18m Innovation  27.5% £11,13m Social inclusion  23% £9,30m Low carbon economy  20% £8,09m Employment and labour mobility  19.5% £7,89m Climate change  5% £2,02m Protecting the environment*  Nil Nil ICT  Nil Nil Sustainable transport*  Nil Nil Community Led Local Development  7.5%  7.5% 7.5% £6,0m * To be integrated into all projects as ‘cross cutting themes’
  • 5. Investment Measures : EAFRD • Allocations only received from Defra in December. Subject to change. Measure Proportion of spend EAFRD £ Building knowledge and skills in rural areas 25% £3,253,969 Advisory Services Business Development / Support 25% £3,253,969 Basic Services, inc. broadband 25% £3,253,969 Co-operation, inc. tourism 25% £3,253,969 TOTAL 100% £13,015,876*
  • 6. National Opt-in Services Decisions ‘ring-fence’ 23% of ERDF and 80% of ESF allocations for opt-ins. Opt-In Decision Initial Period of opt-in Amount £ (per year or total) ERDF MAS Opt IN 3 years 200-400k pa Growth Accelerator Opt IN 3 years 150-250k pa UKTI Trade Opt IN 3 years 200-400k pa Low Carbon Fund Opt IN Duration 3,000,000 ESF Skills Funding Agency Opt IN Duration 25,091,000 Big Lottery Fund Opt IN Duration 7,443,803
  • 7. Community Led Local Development • Bottom-up approach to strategic decision- making – funding through Local Action Groups. • EC are keen on this mechanism • 7.5% of the programme (ERDF and ESF only) allocated to CLLD (£6m) • Complementary to LEADER approach in rural areas • Can include urban areas for the first time • CLLD areas yet to be confirmed – likely to include Norwich and Gt. Yarmouth / Lowestoft
  • 8. Social inclusion – Big Lottery / CLLD • £7.4m ESF through BIG - £15m total with match • Targeted at those furthest from the labour market, education or training • Local bespoking • Expectation of significant VCS routing • Delivery specifics to be agreed • Plus £6m (£12m) through CLLD
  • 9. Governance and Delivery • LEPs will not have an official role in the administration of the EU funds. Government is still negotiating delivery models and “business process” with the EC, who remain concerned about risk. • Possible mix of ‘commissioning’ and ‘open bidding’ • It is anticipated that some resource (technical assistance) will be made available locally to assist in delivery. • Likely to require establishment of broad multi-partner local ‘Investment Committee’ to review projects. • Norfolk County Council, in partnership with NALEP and Suffolk County Council have secured some funding from the current ERDF programme to support project pipeline.
  • 10. Outputs and Results • ≈ 5,000 businesses supported • ≈ 1,000 start-up businesses supported • ≈ 2,000 new jobs created • ≈ 20,000 participants in skills and training • ≈ 10,000 young people supported
  • 11. What now? • Opportunities for public, private and VCS projects. • Start thinking about projects • Work collaboratively • 3 new ‘EU Facilitators’ in post soon
  • 12. NALEP VCSE Challenge Fund • £250k of Growing Places Fund • Start in April 2014 • Rolling out GCGP model • Run by Norfolk and Suffolk Community Foundations • 9 awards of 20k, then 2 of £25k • 75 people into work and 250 ‘work ready’
  • 13. Contact Alastair Rhind EU Programmes Manager alastair.rhind@newanglia.co.uk 01603 510080 EU Investment Strategy available at: www.newanglia.co.uk