1. EUROPEAN STRUCTURAL AND INVESTMENT FUNDS 2014-20 NEW PROGRAMME ARRANGEMENTS, LEPS AND THE VCS

2. The VCS & EU Funding…

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

4. THE STORY SO FAR… 2012 - 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

5. ENGLAND EU SIF PROGRAMME 2014-2020

6. Thematic Objectives

7. 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

8. 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

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

10. 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

11. 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…

12. Any questions?