EU SIF Previous Briefing Session:

Transcription

1 EU SIF Previous Briefing Session: BRIEF INTRODUCTION TO THE FUNDS GOVERNANCE BUSINESS PROCESS STRATEGY EVERYTHING ELSE (Q+A)

2 EU SIF Briefing: This session: BRIEF REFRESHER WHERE ARE WE NOW? SOME BASIC TIPS AND ADVICE. QUESTIONS AND ANSWERS.

3 EU SIF Quick refresher: THE FUNDS: European Regional Development Fund European Social Fund European Agricultural Fund for Economic Development 70m Euros over the period plus about 1.4m for EAFRD (either 49.7m or 60m)

4 EU SIF Quick refresher: GOVERNANCE: National programme and processes LEP Area EU SIF Committees BUSINESS PROCESS: ERDF by call ESF by procurement EAFRD by application

5 EU SIF Strategy: Programme Activity EU SIF Funding % Innovation 1: Creating effective, growth orientated research collaborations between public and private organisations for key sectors and clusters. 2: Creation of an environment and infrastructure which supports growth through research and innovation. 38% 3: Initiatives to stimulate the development of market ready new products and services, business process and innovation. Supporting SME growth 4. Increasing growth capability in SMEs by providing access to business support services, including funding. 38% 5. Helping businesses with the potential to succeed in International markets. Low Carbon and the natural environment 6. Stimulating growth in Low Carbon industries and contributing towards the decarbonisation of the West of England economy. 7. Using the environment as an enabler as opposed to a blocker and supporting resource efficiency measures 26%

6 EU SIF Strategy: Employability 8. Support to improve employability and employment for NEET and those at risk of NEET (16-24) 9. Support to improve employability and employment for % Employer and Individual engagement in skills provision 10. Removing barriers to employment 20% 11. Increasing effective employer engagement and ownership of the skills agenda, including improving the labour market relevance of education and training. 12. Improving Careers advice and labour market transparency for individuals, employers, educators and advisors 26%

7 EU SIF : Where are we now? ERDF: EU SIF Committee meeting 9 September 2015 Clear plans to run ERDF calls around: Social enterprise interventions SME growth interventions Innovation interventions Low carbon interventions Likely in November

8 EU SIF Local Implementation Plan (ERDF): EU SIF Programme SME Growth SME Growth Call Title Value Including: Support for Social Enterprises 2.5m Local Impact Fund Support for SMEs 2.5m Range of activities from start up to high growth. NOT FEIs. Innovation Innovation 5.5m Reference to: quantam, nuclear, automotive, robotics, aerospace, IoT, big data, energy. Low Carbon Low Carbon 3.5m

9 EU SIF Where are we now? ESF: SFA intend to schedule the launch of procurements as follows: NEET Careers Advice Skills support for unemployed Skills support for employees Skills support for employers (skills brokerage, business engagement) All by the end of the calendar year.

10 EU SIF Local Implementation Plan (ESF): Activity Thematic Objective Investment Priority SFA/BLF applied for % spend by IP in SFA/BLF apps Support for NEETs and those at risk of NEET (16-24) ,904m 15% 20% Total planned expenditure on activity Support to improve employability for ,651m 37% 34% TOTAL FOR TO8 6,555m 52% 54% Removing barriers to employment m 24% 20% TOTAL FOR TO9 3m 24% 20% Increasing effective employer engagement in and ownership of the skills agenda Improving labour market transparency for individuals, employers, educators and advisors ,346m 19% 26% m 3% Less than 1% TOTAL FOR TO10 2,681m 22% 26% TOTAL APPLIED FOR BETWEEN SFA AND BLF 12,336m 100%

11 EU SIF ERDF Calls and Outputs: Structure of a call: National Operating Programme Investment Priorities Scope: amount available, minimum value, duration, geography, timings Local Development Need and context OP priorities and indicative actions Required Outputs

12 EU SIF ERDF Calls and Outputs: INVESTMENT PRIORITY - INNOVATION 1a Enhancing research and innovation infrastructure and capacities to develop R+I excellence, and promoting centres of competence in particular those of European interest. INDICATOR Number of researchers working in improved research infrastructure facilities. Number of researchers working in improved innovation facilities. Public or commercial buildings built or renovated. WEST OF ENGLAND TOTAL 14 FTE 27 FTE 699 sq m

13 INVESTMENT PRIORITY - INNOVATION 1b Promoting business investment in R+I, developing links and synergies between enterprises, research and development centres and the HE sector, in particular promoting investment in product and service development, tech transfer, social innovation, eco-innovation, demand stimulation, networking, clusters and open innovation through smart specialisation, and supporting technological and applied research, pilot lines, early product validation actions, advanced manufacturing capabilities and first production, in particular in key enabling techs and diffusion of general purpose techs. INDICATOR Number of enterprises receiving support 365 Number of enterprises receiving grants 255 Number of enterprises receiving financial support other than grants Number of enterprises receiving non-financial support 89 Number of new enterprises supported 31 Private investment matching public support to enterprises (grants) Private investment matching public support to enterprises (non-grants) Employment increase in supported enterprises Number of enterprises cooperating with research institutions Number of enterprises supported to introduce new to the market products Number of enterprises supported to introduce new to the firm products Public or commercial buildings built or renovated. WEST OF ENGLAND ,040 euro 504,669 euro 29 FTE sq m

14 INVESTMENT PRIORITY SME GROWTH 3a Promoting entrepreneurship, in particular by facilitating the economic exploitation of new ideas and fostering the creation new firms, including through business incubators. 3c Supporting the creation and extension of advanced capacities for product and service development. INDICATORS (ACROSS ALL THREE IPS) Number of enterprises receiving support 850 Number of enterprises receiving grants 565 Number of enterprises receiving financial support other than grants Number of enterprises receiving non-financial support 220 Number of new enterprises supported 356 Private investment matching public support to enterprises (grants) Private investment matching public support to enterprises (non-grants) Employment increase in supported enterprises WEST OF ENGLAND 63 3,556,562 euros 1,008,128 euros 354 FTE 3d Supporting the capacity of SMEs to grow in regional, national and international markets and to engage in innovation processes. Number of enterprises supported to introduce new to the market products (3a only) Number of enterprises supported to introduce new to the firm products (3c and 3d only) Number of potential entrepreneurs assisted to be enterprise ready (3a) Number of enterprises receiving information, diagnostic and brokerage (3c and 3d) Public or commercial buildings built or renovated. 567 persons sq m

15 INVESTMENT PRIORITY LOW CARBON 4a Promoting the production and distribution of energy derived from renewable sources INDICATOR (ACROSS ALL IPS) Number of enterprises receiving support (4a, 4b and 4f only) Number of new enterprises supported (4a and 4f) 6 WEST OF ENGLAND 176 4b Promoting energy efficiency and renewable energy use in enterprises Additional capacity of renewable energy production (4a) Estimated annual decrease of GHG 1 MW 4407 tonnes of CO2 eq 4c Supporting energy efficiency, smart energy management and renewable energy use in public infrastructure, including in public buildings, and in the housing sector 4e Promoting low carbon strategies for all types of territories, in particular for urban areas, including the promotion of sustainable multimodal urban mobility and mitigationrelevant adaptation measures Number of households with improved energy consumption classification (4c only) Decrease of annual primary energy consumption of public buildings (4c only) Number of enterprises cooperating with research institutions (4f only) 67 households 64,288 kw hours/year 2 4f Promoting research and innovation in, and adoption of, lowcarbon technologies. Number of enterprises supported to introduce new to the firm products (4f only) 3

16 EU SIF BASIC TIPS:

17 EU SIF BASIC TIPS: ALL PROJECTS: A legal entity needs to respond to the opportunity the one that is prepared to be accountable for delivery of the project If you don t know who that is yet CAPITAL PROJECTS: Someone needs to own them and maintain them Do you also need revenue?

18 EU SIF BASIC TIPS REVENUE PROJECTS: Someone needs to employ some people ALL PROJECTS The activity proposed needs to deliver the outputs required think about how your activity will directly deliver the outputs required MATCH: Not only do you need match, you need to cash flow the project ( 2 up front, 1 back)

19 EU SIF Questions and answers