Objective 2 Programme for the South West of England

Objective 2 Programme for the South West of England

A Brief Overview

Key Programme Objectives

• To increase incomes• To increase opportunities available to

people, businesses and communities• To widen access to employment

opportunities• To create and support sustainable

communities• To protect and enhance the environmental

assets within the Programme Area.

Key Outputs To Deliver Objectives

• New jobs created

• New sales generated for business

• Business space created

• Businesses assisted with advice or finance

• Individuals receiving training support.

Three Priorities

• Priority 1 – Neighbourhood Renewal

• Priority 2 – SME Development, Technology and Innovation

• Priority 3 – A Better Future For Traditional Economies

Priority 1 – Neighbourhood Renewal

Bristol North Devon Plymouth

Lawrence Hill Trinity St Peter

Filwood Ilfracombe Central Ham

Ashley St Mary’s Budshead

Easton Ilfracombe East Honicknowle

Windmill Hill Torbay St Budeaux

Torridge Tormohun Keyham

Westward Ho! Torwood Efford

Appledore East Blatchcombe Sutton

Limited to the most deprived wards within the Programme area:


• 1.1 (ERDF) Neighbourhood Ownership, Leadership and Democracy.“ To equip individuals, voluntary and community groups in the targeted areas with the skills to enhance their participation in community life”Total Allocation: £1,848,428

Funds remaining: £315,897

3 Measures – 2 ERDF, 1 ESF


• Measure 1.2 (ERDF) Taking Forward Neighbourhood Regeneration.“To reverse decline in the Programme Area’s most disadvantaged neighbourhoods, through comprehensive regeneration strategies and an expansion of the employment base”Total Allocation: £10,312,579

Funds Remaining £3,638,991


• Measure 1.3 (ESF) Pathways To Employment.“To reduce labour market exclusion by assisting young people and other disadvantaged groups in the targeted areas to participate in the workforce”Total Allocation £4,623,899


Priority 2 – SME Development, Technology and Innovation

• Available throughout the whole Programme Area.

• Covers both Main and Transitional wards.


• Measure 2.1 (ERDF) Support for start-ups and micro-enterprises.“To support the development of new companies and improve their survival rates through the provision of appropriate support services”Total Allocation £4,194,969


5 Measures, - 4 ERDF, 1 ESF


• Measure 2.2 (ERDF) Support for SME development.“To improve competitiveness through the provision of high quality business development support, which encourages firms to introduce new technology, ensures that small companies have access to capital to develop their business and helps firms diversify”Total Allocation £10,096,226



• Measure 2.3 (ERDF) Business support for technology and knowledge based industries.“To increase competitiveness, the rate of innovation and usage of technology as a means of enhancing business growth”Total Allocation £5,725,786



• Measure 2.4 (ERDF) Creating a better environment for business.“To increase competitiveness through ensuring that there is sufficient provision of affordable premises, facilities and infrastructure which meets the needs of new and expanding companies”Total Allocation £23,688,679



• Measure 2.5 (ESF) Management and skills development for SME development.“To support the provision of management and skills development training”Total Allocation £10,789,308


Priority 3 – A Better Future For Traditional Economies

• Available throughout the whole Programme Area.

• Covers both Main and Transitional wards.


• Measure 3.1 (ERDF) Regenerating the rural economy.“To assist rural economies respond to the decline in traditional sectors by developing co-ordinated actions which support sustainable economic growth”Total Allocation £10,l306,289


6 Measures – 5 ERDF, 1 ESF


• Measure 3.2 (ERDF) Investing in the rural tourism product.“To increase the economic benefits deriving from tourism in rural areas by improving the tourism product”Total Allocation £6,578,616



• Measure 3.3 (ERDF) Investing in the tourism infrastructure of coastal towns, resorts and city areas.“To increase tourism expenditure in coastal towns, resorts and city areas through the provision of quality new and improved attractions, visitor facilities and and related infrastructure”Total Allocation £8,426,415



• Measure 3.4 (ERDF) Promotion and development of the regional distinctiveness of the area.“To increase the competitiveness of tourism businesses, identify and target new markets to increase the number of both UK and overseas visitors to the Objective 2 area at a rate above the national average”Total Allocation £2,255,346



• Measure 3.5 (ERDF) Regenerating fishing communities.

“To promote sustainable employment in fishing dependant communities”Total Allocation £3,759,119

No Funds Committed To Date


• Measure 3.6 (ESF) Human Resource Development and training support for traditional economies.“To increase skill levels and qualifications attainment in order that the traditional economies have access to a well qualified, adaptable workforce”Total Allocation £6,385,535


Key Drivers for Programme Management

• New Programmes much more focussed on delivery and performance, compared to previous programmes

• Have to spend to profile to avoid loss of funds

• Have to achieve key outputs to secure Performance Reserve funds.

Target for Expenditure by 31 December 2003

• By 31/12/2003 must have spent £23m ERDF and £4.6m ESF

• Commitments to date account for £23m ERDF and £4.6 ESF (exc. Finance South West and Broadband4Devon)

• Vital for ERDF projects to spend to profile, and need to commit more ESF through co-financing and fast-track arrangements.

Challenges Facing the Second Half of the Programme Period

N+2 rule applies year-on-year, making it essential to maintain commitment and spend levels.


The Mid Term Evaluation Report will make

recommendations for potential changes to the Programme’s

structure and scope. This process is to be finalised by

31 December 2003.


May be necessary to consider working with partners to “commission” projects

specifically to fill gaps in output delivery in order to

meet the Programme’s objectives.

Objective 2 Programme for the South West of England

Documents

Transcript of Objective 2 Programme for the South West of England