EUROPEAN STRUCTURAL AND INVESTMENT FUNDS 2014-2020
The new European Funding programmes will include funding opportunities directly from Europe through a range of targeted investment programmes, as well as new EU Structural and Investment Funds (ESIF) which will be distributed through the UK Government with allocations made to Local Enterprise Partnership areas.
The ESIF aims to increase social and economic prosperity across Europe and reduce the gaps between regions; creating a more competitive, prosperous and inclusive Europe. the ESIF comprises of:
- European Social Fund (ESF)
- European Regional Development Fund (ERDF)
- European Agricultural Fund for Rural Development (EAFRD)
Lord Ahmad formally launches the European Structure and Investment Funds Growth Programme in this letter – Read here
Project calls across the country will be advertised on the gov.uk website.
Follow this link to find out more.
What is the role of the LEPS?
Local Enterprise Partnerships (LEPs) are non-statutory partnerships between the public sector (mainly local authorities) and the private sector. There are 39 LEPs across England and their aim is to promote economic growth and jobs in local areas.
The Government has proposed that LEPs will play a key role in the next (2014-2020) programme for European Structural Funds by setting the strategic direction and framework for the new programme in local areas. The emphasis of the alignment of funds is to achieve job creation and poverty reduction. This will be seen as a test case for localism.
Coast to Capital is the LEP that covers West Sussex, Brighton and Hove, part of East Sussex, part of Surrey and Croydon
BIG Lottery has now appointed VAAC to support organisations to understand the opportunities available through ESIF. The BIG Lottery is planning to match fund a large proportion of thematic objective 9 aiming to Promote Social Inclusion and Combat Poverty. Whilst work under this theme is open to organisations across all sectors, it is seen as a really great opportunity for the work of the Voluntary and Community Sector to play to its strengths to deliver great outcomes for the people most in need and furthest away from the labour market.
Partners in this Project