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European Structural Funds

The European Structural and Investment Fund Strategy (ESIF)

The ESIF Strategy has £160+ million of Structural Funds from the EU which is the SELEP area’s indicative allocation awarded by the Government for the 2014 – 2020 EU funding period. These funds are for projects that will deliver growth and jobs.

ESIF funding is made up of the following funding for projects in the SELEP area.

  • £74.2 million European Regional Development Fund (ERDF)
  • £71.6 million European Social Fund (ESF) and
  • £14.5 million European Agricultural Fund for Rural Development (EAFRD)

SELEP’s Role

In 2012, SELEP was given an indicative allocation of £160+ million of EU funding for projects to create jobs and growth across the area. We created the ESIF Strategy after extensive stakeholder consultation and this was approved by the SELEP Strategic Board in December 2013 and submitted to the Government in January 2014.

Project applications submitted under the ERDF, ESF and EAFRD programmes are evaluated for strategic fit with the ESIF Strategy.

This is considered by the SELEP ESIF Sub-Committee, which is formally constituted according to national terms of reference and reports to the National Growth Board. It is chaired by businessman and National Growth Board member George Kieffer and meets quarterly. The Sub-Committee also agrees the content, size and scale of a rolling programme of calls for applications under the EU funds.​

SELEP ESIF Strategy

Download the strategy