2014-2020 European Structural Funds London

Alex ConwayEuropean Programmes Director

ESF & ERDF 2014-20

• EU regulations not signed-off but:

• €6.2billion available across England • €748.6 million available in London • Inner London to receive Youth Employment Initiative• LEPs drive the strategy: Structural & Investment

Fund Strategy (Oct 13, Jan 14);• Bespoke events for specific audiences eg.

universities, local authorities, voluntary sector, youth strategy groups, TUC;

• The LEP will play a key lead role throughout 2014-20.

ERDF 2014-20: proposal

Focus on

• Support the low carbon resource-efficient economy

• Strengthen science & technological development

• Enhance the competitiveness of London SMEs

ESF 2014-20: proposalFocus on:• Sustainable employment opportunities;

• Young people aged 15-24 not in education, employment or training (NEET) or at risk of NEET into sustainable employment and/ or education/ training;

• Promote London-wide careers/ IAG offer;

• Career progression & progression in learning linked to higher level skills and quality apprenticeships for all age groups;

• Business start-up, self-employment and business growth skills training;

• Ensure skills and employment growth occurs in most deprived parts of London as part of wider convergence agenda.