Transcript Document
North East European Structural and Investment Funds
February 2015
North East Local Enterprise Partnership The Strategy
Context: Strategic Economic Plan
An Agenda for Growth better jobs”
-
“more and
– with clear vision, objectives and actions Substantial
investment proposals
Basis for a
Growth Deal
for the area, including the Local Growth Fund
European Structural & Investment Funds Strategy
delivers on local aims
Economic context
Employment
2013 rising (NE)- Jul-Sep 2014, 27,000 more employed than Jul-Sep Labour
productivity
country (GVA per hour worked) growing at
fastest rate
in the
GVA
per head growing among
highest rates
in the country
79%
of jobs in the area provided by the
private sector
(72% in 2009) Still
shortage
economy. of private sector jobs to provide a balanced and sustainable The
challenge
is not just the number of jobs but the quality of these jobs.
Educational achievement has been on a steady rise since 2000 - but need to increase volume of higher level skills
Vision and objectives
By 2024 our economy will provide over one million jobs
Halve the gap between the North East and the national average (excluding London) on: • Gross value added (GVA) per full time equivalent (FTE) • Private sector employment density • Activity rate Fully close the gap on employment rate, • Scale and quality of employment matching an increasingly better qualified and higher skilled workforce.
Strategic Economic Plan Theme
4.
5.
6.
1.
2.
3.
Innovation Business support and access to finance Skills Employability and inclusion Economic assets and infrastructure Transport and digital connectivity
European Structural and Investment Funds
Local enterprise partnerships were asked to develop ESIF strategy responding to local needs in line with European funding framework • European Regional Development Fund • European Social Fund • European Agricultural Fund for Rural Development • Youth Employment Initiative
Split of ESIF in North East by fund, £m
EAFRD; 10,5 YEI; 7,7 ESF; 211 ERDF; 249
Split of ESIF in North East by fund & area £m
ERDF £m
TO4 Low carbon; 65 TO9 Social Inclusion; TO5 Climate change adaptation; 11 4 TO1 Innovation; 53 TO2 ICT; 4 TO3 SMEs; 112
ESF £m
Innovation (£53.2m)
Creating competitive advantage; open innovation, smart specialisation
Building collaborative research between enterprises, research institutions and public institutions Bringing new products and business processes to the market, including those linked to ‘key enabling’, the ‘eight great’ and health science technologies Development of innovation space to support commercialisation of research and development Includes social innovation and health
SME competitiveness (£112.1m)
A2F for SMEs to support growth and innovation Provide coordinated business support Support the development of strategic sites Incorporates entrepreneurship and social enterprise
Broadband infrastructure (Durham, £4m)
Address broadband funding gap and ensure opportunities for growth through digital connectivity are exploited
Low carbon and green infrastructure (~£75m)
Sustainable Growth Study
Built Environment and Business Energy Efficiency Low Carbon Supply Chains Innovative Technologies and Renewable Energy Generation Green Infrastructure Improvements Sustainable Urban Development
ESF
-
Inclusive growth study ESF and Opt-ins- match provided, process managed
Employability (£53.3m) Provide additional and more intensive support to help people develop the skills and aspirations needed to move towards work, enter work and to progress into work Help older workers, workless people and those facing redundancy to upgrade their skills, learn new skills or re-train to enter, re-enter or stay engaged with the labour market and adapt to new market conditions Young people- Northumberland and Tyne and Wear/Durham Social inclusion (£44.5m) - Tackle multiple barriers - Support for those with protected characteristics - CLLD
Skills (£113.6m)
Support for intermediate, technical and high level skills and studentships especially linked to areas of economic advantage Support collaborative projects, placements, internships Support for activities to start and grow a business Better links between businesses and educators
EAFRD (£10.5m*)
Rural Business Growth Fund, Strategic Economic Infrastructure Tourism Running to a different timetables to ERDF/ESF LEADER Durham Coast and Lowlands; North Pennine Dales; Northumberland Coast and Lowlands; Northumberland Uplands
Financial instruments
JEREMIE:
Current JEREMIE now to 2015 end. North East LEP and TVU working together to deliver £160m fund from 2016
NEIF:
Recognising benefits of loan-based funds to meet infrastructure needs. To consider best deployment of ERDF, ex-ante evaluation to support market assessment will help determine scope and demand
Application process (ERDF, ESF)
Call published in line with local strategy, applicants prepare and submit
outline application
Calls will address a specific local need or opportunity and fit one priority or thematic objective Some will stipulate single award/defined number of awards and budget
Outline application
assessed against gateway criteria and core selection by MA and must meet local strategic context.
Need to ensure eligible match, meeting outputs, value for money
Local sub committee
provides local intelligence and understanding of priorities for calls and project applications.
Timescales
Potential limited early calls launched - March 2015 (to be confirmed) Anticipated sign-off of national Operational Programmes – June/July 2015 (subject to change) Most calls published and opt-ins launched - summer 2015