ERDF annual Supporting Local Growth case study booklet 2017

Since March 2015 the current European Regional Development Fund (ERDF) Programme in England has been supporting projects across the country which boost business development and innovation and support local growth. Working closely with a broad range of partners, including Local Enterprise Partnerships, Local Authorities, Universities, other Government departments and the private sector, hundreds of projects have been awarded funding.

Within this edition of the annual 'Supporting Local Growth' booklet we showcase some of these new projects to offer a snapshot of the wide ranging business support activity the programme funds. A full list of projects funded can be found on the useful resources page of the programme website - www.gov.uk/european-growth-funding.

By the end of September 2017 £1,220 million of the fund had been allocated to a total of 456 projects. A further £721 million worth of funding was either about to be allocated or under consideration at that point. These projects will:

  • create and safeguard local jobs
  • support and improve the performance of small and medium sized businesses (SMEs)
  • create new businesses, often exploiting new technology and innovation
  • support a shift towards a low carbon economy in all sectors
  • support local economic growth

ERDF is used alongside complementary domestic growth programmes such as the Local Growth Fund, Enterprise Zones and wider growth development enablers such as devolution deals.  Given the requirement for ERDF monies to be match funded, it is able to lever local and national investment from both the public and private sectors.

ERDF annual Supporting Local Growth case study booklet 2017

Article uploaded 10/11/17

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