European Structural and Investment Funds Breakfast Briefing 4 th February 2015 Simon Nokes – Deputy Chief Executive, New Economy

GM European Structural & Investment Funds European Structural and Investment Funds Overview of the GM European and Structural Funds (ESIF)

GM European Structural & Investment Funds National Update & Key timings The GM Investment Plan was submitted to Government in January At the national level the English Operational Programme (OP) and UK Partnership Agreement (PA) is being agreed with the European Commission and was originally anticipated by the end of The UK Partnership Agreement has been signed off by the European Commission, but it is looking increasingly likely that the Operational Programmes (OPs) for ERDF and ESF will not be signed off until June 2015 at the earliest. This is a later start date than anticipated and could mean the prospect of a real gap between the 2007 and 2014 programmes. The potential for an informal agreement of the OP in February, with formal adoption in June would hopefully allow GM and DCLG to agree projects, at risk, from February onwards, with contracts formally issued after formal adoption of the OPs.

GM European Structural & Investment Funds Greater Manchester Update Greater Manchester is continuing to develop our programme and but the delays do have implications for our overall strategy of getting an early start on spend in the programme, our ability to achieve N+3 targets and early achievement of outputs. The programme would not “hit the ground running”. Governance Structures have been established for the Greater Manchester LEP to deliver the ESIF Programme, Managing Authority – Department of Communities and Local Government Greater Manchester Local Management Committee But – still much to sort out, Sustainable Urban Development will give Manchester Intermediate Body status, status of Local Committee needs to be clarified.

GM European Structural & Investment Funds GM EU Structural and Investment Funds 2014 – 2020 Types of investment Competitive Places (£22m ERDF)  Sites / premises  Critical infrastructure Science & Innovation (£52m ERDF)  Science tech assets  Tech business base  Science Tech Skills Competitive Business (£70m ERDF)  Start up & Growth  Business Finance  Internalisation  Leadership & Management Low Carbon (£50m ERDF)  LC investment vehicle  LC infrastructure e.g. Heat Networks  LC transport  Low Carbon skills  Whole building efficiency European Social Fund (£161m ESF) The following summarise the key thematic objectives (TOs) proposed by Government for ESF activity : Promoting employment and supporting labour mobility Promoting social Inclusion and Combating Poverty: Active inclusion in particular with a view to improving employability Investing in education, skills and lifelong Learning

GM European Structural & Investment Funds Current Planned Calls for Projects (further calls to be developed) Competitive Places (£22m ERDF)  Financial Instrument  Grant ring fenced to FI Science & Innovation (£52m ERDF) 1. Asset base science infrastructure Competitive Business (£70m ERDF) 1. Inward Investment and Trade 2. Sector Programmes / Manufacturing Advisory Service / Low Carbon Support 3. Growth Hub & Services 4. Start Up Support 5. Access to Finance 6. Innovation Low Carbon (£50m ERDF)  Low Carbon Financial Instrument  Grant ring fenced to FI EAFRD (£460k) 1.Tourism and Business

GM European Structural & Investment Funds Planned activity includes, but is not exclusive: Skills, Employment, Inclusion (£161m ESF) Early intervention programme for yrs olds (NEET) Programme to support year old GM residents progress, enter and sustain into employment or learning Skills provision relating to removing the barriers some people face when entering employment Innovative programme to support marginalised groups to help bring them towards economic activity and address social exclusion Structured progression into & in sustainable employment with enhanced Information, advice and guidance through the National Careers Service with particular focus on disadvantaged / priority groups Skills support activities to start and grow a business Provision to up-skill the existing workforce Increase access to advanced (higher level) skills for the most disadvantaged Social enterprise to adapt to the needs of GM (SID)

GM European Structural & Investment Funds Applicant Managing Authority GM LEP - ESIF Committee Publish Call Prepare and submit Application (Two Stage) Review and assess technical appraisal against gateway and core criteria Assess against GM ESIF, wider portfolio of investments and VFM Funding Agreement issued Develop Call Specification Endorse Project Selection

Group discussion Questions to be taken on the ESIF Programme. Thank you GM European Structural & Investment Funds