The document outlines the EU investment prospectus for the 2014-2020 period, focusing on smart, sustainable, and inclusive growth with an indicative allocation of £165 million for the South East LEP area. Key priorities include strengthening innovation, enhancing ICT accessibility, supporting low-carbon economy initiatives, and promoting social inclusion and skills development. The strategy emphasizes collaboration with stakeholders, match funding, and diverse delivery models for employment and community-led development.

1. 1
John Bell
Senior Partner, CurvedThinking
Developing a South East EU Investment
Prospectus
VCO workshop 10 September 2013

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

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Economic growth
Zone ofZone of
socialsocial
ambiguityambiguity

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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
SELEP Priorities
‘Innovation’ unifying theme
Technical /Technical /
businessbusiness
innovationinnovation
SocialSocial
InnovationInnovation

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» 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. 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

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» 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
» 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. 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