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Pritchard, A; Lawton, C; Bickerton, C
Publisher: East Midlands Councils
Languages: English
Types: Book
Subjects:
This document has been produced as part of an EU funded Technical Assistance project led by East Midlands Councils, with support from Nottingham Trent University and Climate East Midlands, to inform the development of the 2014-2020 EU Structural Fund Programme. It tells the economic story of the local economies that make up the East Midlands, sets out a number of key investment opportunities highlighted during six well attended consultation events, and gives some practical advice for LEPs and others about how to make the most of future EU funding, learning from past experience.
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    • 1.1.1 East Midlands Councils (EMC), with support from Nottingham Trent University and Climate East Midlands, has been part-funded through ERDF technical assistance (PA3) to develop a 'Socio-Economic Framework' to inform the development of the 2014-2020 EU Structural Fund Programme. The Framework has two main objectives:
    • 1.2 Proposed Arrangements for EU funding (2014-2020)
    • 1.2.13 Supplementary guidance on the development of EU Local Investment Strategies was issued to LEPs by Government on the 19th July 2013 (available here -https://www.gov. uk/government/publications/european-structural-andinvestment-funds-strategies-supplementary-guidanceto-local-enterprise-partnerships). The guidance confirmed that LEPs had until 7 October 2013 to submit draft Investment Strategies, with final versions to be completed by the end of January 2014. Where relevant, the Government is keen to see clear linkages between EU Local Investment Strategies and City Deal Strategies. The Government is anticipating that the next EU Programme will become operational in mid 2014.
    • 1.2.14 The supplementary guidance allows for LEPs to 'opt in' to a number of national programmes, using EU money to deliver enhanced outcomes. The following organisations/ programmes have made offers to LEPs at this stage:
    • 2 ONS Crown Copyright, 2013. 'Labour Market Statistics, November 2013'. London: TSO.
    • Source: ONS Crown Copyright, 2013. 'Annual Population Survey', January-
    • December 2008 to January-December 2012. From NOMIS [accessed12th
    • September, 2013].
    • 7 NESTA, 'Vital Growth: The importance of high growth businesses to the recovery', March 2011.
    • 2.5.8 These represent key opportunities for collaborative activity between LEPs, building on existing areas of crossborder activity. For example, the Energy Technologies Institute (ETI) is an East Midlands/West Midlands collaboration between Nottingham, Birmingham and Loughborough Universities.14
    • 3.1.4 In addition, several sectors are significantly more productive compared to the UK national average, giving the East Midlands a competitive advantage: transport equipment manufacturing, food and drink manufacturing, and construction21. There is also significant growth potential in areas such as power generating machinery, life sciences, logistics, and low carbon goods and services. These strengths are consistent with the Government's emerging industrial strategy and are critical to its delivery.
    • 3.1.5 The local economies of the East Midlands are already a strong contributor to the UK balance of payments exporting around 20% of GVA, with power generating machinery and automotive equipment accounting for the largest exports over the period 2007-1122. The proportion
    • 3.4 Potential Interventions: Skills & Employment
    • Source: ONS Crown Copyright, 2013. 'Business Register and Employment Survey, 2012'. From NOMIS [accessed 5th November 2013] and analysed under
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