European Structural and Investment Funds (ESIF)
The 2014-2020 European Structural and Investment Funds (ESIF) Growth Programme for England brings together three funds:
Heart of the South West European Structural and Investment Funds (ESIF) Allocation
Local Enterprise Partnership areas have each received a notional formula-based allocation from the 2014-2020 ESIF Growth Programme for England. The Heart of the South West notional allocation totals €139,010,786. The Sterling value of the allocation is calculated using exchange rates provided by Government. At the current time (2 October 2017), this is 0.78 for ERDF and ESF and 0.8 for EAFRD. This gives a total Sterling notional ESIF allocation for the Heart of the South West of £108,830,047.
The following table shows the total notional ESIF allocation for the Heart of the South West, the breakdown by programme and the value of both contracted ESIF projects and ESIF proposals in the business process as at 2 October 2017. The value of contracted ESIF projects and ESIF applications in the business process will fluctuate: as existing ESIF proposals are considered and either approved or rejected; and new ESIF proposals are received by Managing Authorities.
|Fund||Notional Allocation in Euros||Notional Allocation in Sterling||Contracted ESIF Projects||ESIF proposals in the business process|
N.B. The notional allocation figures include a 6% ‘performance reserve’ which will only be released if associated 2018 ESIF expenditure and output targets are met at the national level.
Information and Support for Applicants
In October 2016, Her Majesty’s Treasury announced that for ESIF projects with a funding agreement in place prior to the UK’s exit from the EU, funding will be guaranteed by the UK Government even if projects continue beyond the UK’s departure from the EU. The full Treasury Statement can be found here.
The 2014-2020 European Cohesion Policy designated regions across Europe into three types:
- Less developed areas (where GDP <75% of the European average);
- Transition areas (where GDP is between 75% and 90% of the European average); and
- More developed areas (where GDP is >90% of the average).
The Heart of the SW LEP area has both ‘transition’ status (Plymouth, Torbay and Devon) and ‘more developed’ status (Somerset). The ERDF and ESF allocations and output and expenditure targets for the Heart of the South West are split according to this status, with a higher level of funding for activities in the Transition area. Not all ERDF and ESF funding opportunities are available to support activities in all areas and intervention rates ( i.e. the proportion of match funding that will be needed) also vary by Category of Region – a minimum of 40% match-funding is required in the ‘transition’ area and a minimum of 50% in the ‘more developed’ area.
There is no Category of Regions split for EAFRD. EAFRD monies are, however, spatially targeted at rural areas of the Heart of the South West.
The Heart of the South West Technical Assistance Project runs from 1 February 2016 to 31 January 2019 and is receiving up to £101,495 of funding from the England European Structural and Investment Funds Growth Programme 2014-2020.
The Heart of the South West (HotSW) Technical Assistance Project aims to:
- Raise awareness, understanding and take-up of European Regional Development Fund (ERDF) and European Social Fund (ESF) bidding opportunities in the Heart of the South West;
- Promote networking, collaborative-working and exchanges of best practice in relation to ERDF and ESF funding opportunities and activities in the Heart of the South West; and
- Showcase ERDF and ESF activities and achievements in the Heart of the South West.
Activity is led by a local consortium including: Devon County Council; the Heart of the South West Local Enterprise Partnership; Plymouth City Council; Somerset County Council; and Torbay Development Agency.
Through the project, events are held to disseminate information about the European Regional Development Fund (ERDF) and European Social Fund (ESF)), including details of how to apply. Please see the individual programme pages above for details of past and future events.
Register your interest in ESIF in the Heart of the South West and search for potential partners.
The Heart of the South West 2014-2020 European Structural and Investment Funds (ESIF) Strategy(link to document – see below) sets out how we will use our ESIF notional allocation to promote smart, sustainable and inclusive growth across our area. It has been developed in the context of our Strategic Economic Plan to ensure that ESIF-funded activities directly contribute to our wider plans for growth.
All ESIF activity in the Heart of the South West must contribute to delivery of the ESIF Strategy priorities and targets.
Within our ESIF Strategy we have identified 5 priority areas of investment, which we have called ‘Integrated Activities’. These are:
- Integrated Activity A: Maximising Innovation through Transformational Opportunities and Smart Specialisation – Activities to promote innovation in our Smart Specialisation areas – Aerospace, Agri-tech, Big Data, Environmental Futures, Healthy Aging, Marine, Nuclear (not eligible for ERDF) and Photonics – with complementary higher-level skills development activity.
- Integrated Activity B: Enterprise and SME Competitiveness – Activities to help all businesses to grow and to encourage new start activity, including workforce skills;
- Integrated Activity C: Reaching New Markets – Activities to encourage businesses to explore new market opportunities, including exporting. This includes activity to stimulate the growth of our low carbon sector and supply chains.
- Integrated Activity D: Digital – Improving our digital infrastructure and supporting people and businesses make the most of improved technologies (including digital inclusion and digital skills).
- Integrated Activity E: Addressing Social and Economic Inclusion – Activities to reach and support the most deprived and hard to reach, tackling worklessnesss, in-work poverty and promoting social enterprise growth.
The full Heart of the South West ESIF Strategy is available below:
- Heart of the South West European Structural and Investment Funds Strategy
- Appendix 1 – Consultation Findings
- Appendix 2 – Equality Impact Assessment
- Appendix 3 – Heart of the South West Smart Specialisation Approach
- Appendix 4 – Heart of the South West Business Support Mapping and Simplification Study
The Heart of the South West ESIF Sub-Committee advises Managing Authorities on local growth conditions and priorities with regard to ESIF Growth Programme implementation, including call specifications and funding applications. Please see the following link for the latest information on the Heart of the South West ESIF Sub-Committee, including membership, agendas and minutes.
- ESIF Growth Programme for England website – https://www.gov.uk/guidance/england-2014-to-2020-european-structural-and-investment-funds
- ESIF Growth Programme for England news updates – Subscribe to the national ESIF Growth Programme Bulletin by e-mailing email@example.com and follow Programme developments on Twitter @esif1420england