Coast to Capital European Structural and Investment Funds (ESIF) Strategy outlays the priorities for use of £61.2m allocation of ESIF funding between now and 2020.
This is broken down into-
- £28.7 million European Fund for Regional Development (ERDF)
- £28.7 million European Social Fund (ESF)
- £3.8 million European Agricultural Fund for Rural Development (EAFRD)
The ESIF Strategy’s Priority Areas (PAs) include support for:
- SME innovation and R&D
- Business competiveness
- Adoption of low carbon technologies
- Skills to support future growth
- Employment-focused social inclusion
- Support for the rural economy
Click here for more details on the Coast to Capital European Investment fund strategy
First Call of Funding
Coast to Capital are aiming for first call under ERDF to be issued before the end of March 2015 for approximately £500K of the £2,390,253 allocated to this activity over the life of the programme. With match funding, this will give a total project value of £1m for the first Call which is for projects to support the Creative, Digital and IT (CDIT) sector through promoting Higher Education Institution (HEI) and SME collaborative research
How to access funding
Calls will be posted on the ESIF pages of the Government’s website Funding Finder with annexes relating to the relevant LEP areas. When a Call includes projects to be delivered in Coast to Capital, these will also be notified on the European Funding pages of the Coast to Capital website.
All applications for ERDF and ESF will be made on-line via a system called LOGASnet. Applicants will need to register on the system before submitting their applications and it is recommended that registration is done as soon as possible as we have been advised it may take some time for Government to process them. Details will be on the relevant pages of ESIF Funding Finder under each Call page.