South East LEP - presentation by John Bell

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John Bell (Senior partner, CurvedThinking) discussed developing a South East EU Investment prospectus.

Developing a South East EU Investment Prospectus, VCS workshop 09 September 2013, by John Bell, Curved Thinking

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South East LEP - presentation by John Bell

  1. 1. 1 John Bell Senior Partner, CurvedThinking Developing a South East EU Investment Prospectus VCO workshop 10 September 2013
  2. 2. EU Investment Prospectus 2 » EU Investment for 2014-20 » Smart, Sustainable Inclusive Growth (‘Europe 2020’) » Focus is on delivering Growth and Jobs » Indicative allocation of c£165 Million for SELEP area » Additional £10-15 Million expected for rural development in due course » To be closely integrated with Local Strategic Economic Growth Plan
  3. 3. 3 Economic growth Zone ofZone of socialsocial ambiguityambiguity
  4. 4. 4 1. Strengthening research, technological development and innovation; 2. Enhancing accessibility to and use and quality of information and communication technologies (ICT); 3. Enhancing the competitiveness of SMEs; 4. Supporting the shift towards a low-carbon economy in all sectors; 5. Promoting climate change adaptation and risk prevention; 6. Protecting the environment and promoting the sustainable use of resources; 7. Promoting sustainable transport and removing bottlenecks in key network infrastructures; 8. Promoting employment and labour mobility; 9. Promoting social inclusion and combating poverty; 10.Investing in skills, education and lifelong learning; EU thematic investment priorities VCO particular relevance
  5. 5. 5 SELEP Priorities ‘Innovation’ unifying theme Technical /Technical / businessbusiness innovationinnovation SocialSocial InnovationInnovation
  6. 6. 6 » Support for innovation and ‘growth hubs’: integrated business and SME support » Linked targeting of SME competitiveness including access to finance » Low Carbon – access to innovation funding; increasing efficiency and reducing costs; support for off-shore wind supply chain » Skills strongly aligned to growth sectors » Employment measures target entrepreneurship » Employability and inclusion target coastal and estuarine communities Broad SELEP strategy
  7. 7. Breakdown of allocation 7 SELEP Indicative Allocation Total: £165 MillionSELEP Indicative Allocation Total: £165 Million »About half on European Social Fund type activities: £82.5m »Of which draft plan foresees: ˃ Employment/ employability £41.25m ˃ Education, skills, LLL £24.75m ˃ Social Inclusion (mandated) £16.5 m »Half on European Regional Development Fund £82.5 »Of which: ˃ Innovation £37.125m ˃ SME / Social enterprise competitiveness £28.875m ˃ Low carbon (mandated) £16.5m
  8. 8. 8 » Clear strategy integrated with wider plans, focused on growth and jobs » Demonstrated consultation with stakeholders » £ for £ match domestic funding, choice from variety of options or likelihood of local availability » Consideration of use of ‘Financial Instruments’ » Quantified output projections » Project pipeline by January including assessment of capacity to deliver » Multi-sector governance structure Key requirements
  9. 9. 9 » Inclusion, including Big Lottery ‘opt-in’ » Community led local development (CLLD) » Delivery models for employment measures, eg SFA, DWP, ‘independent’ » Role for social innovation / social enterprise / local impact fund » Community Grants » Contributions to growth » Match funding Particular issue for VCOs
  10. 10. 9 » Inclusion, including Big Lottery ‘opt-in’ » Community led local development (CLLD) » Delivery models for employment measures, eg SFA, DWP, ‘independent’ » Role for social innovation / social enterprise / local impact fund » Community Grants » Contributions to growth » Match funding Particular issue for VCOs

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