EUROPEAN STRUCTURAL AND INVESTMENT FUNDS NEW PROGRAMME ARRANGEMENTS, LEPS AND THE VCS

The VCS & EU Funding…

Barriers  Timescales  Bureaucracy  Capacity  Risk of clawback  Match funding

THE STORY SO FAR… Initial consultations, national roadshows Feb 2013EU Budget Settlement Mar 2013UK SCF settlements: England €6.2bn; Scotland €800m; N. Ireland €460m; Wales €2.15m; Apr 2013Outline guidance to LEPs from Government June 2013Notional allocations issued to LEPs Oct 2013Draft EUSIF Strategies submitted Nov 13 Government feedback received

ENGLAND EU SIF PROGRAMME

Thematic Objectives

Financial Allocation  Notional allocation awarded to each LEP area  Humber notional allocation €102.4m  YNYER notional allocation €97m  Opportunity for cross LEP area collaborative projects  Allocation could change depending on delivery and spend – reviews from 2017

The Local EUSIF Strategies The Local Picture – need & evidence Investment Priorities – thematic concentration Collaboration – other LEPs & beyond Outcomes & Outputs Match Funding – how much & where from Community Led Local Development – local approach Partnership Engagement Alignment with other EU Funds Risks

Humber Strategy - 5 Programme areas SME Growth & Innovation Skills (including access to employment) Sustainable Communities & Social Innovation Climate Change & Environmental Protection Infrastructure

YNYER Strategy - 5 Programme areas Profitable and ambitious small and micro businesses A global leader in food manufacturing, agri-tech and biorenewables Inspired People Successful and distinctive places A well connected economy

VCS have been involved in strategy design & development Questions over proposed involvement (or lack of it)in governance structures, especially for Social Inclusion The VCS & LEP governance…

Any questions?