1. Post 2013 European Funding

2. www.cornwall.gov.uk EU Cohesion Policy 2014-2020 Investment strategy aligned to deliver the Europe 2020 objectives of smart, sustainable and inclusive growth Emphasis on performance, outputs, efficiency and and monitoring with possible payment suspension or financial corrections for failing to meet targets Better coordination and links between cohesion policy, rural development, maritime & fisheries funds Operational Programmes Partnership Agreement Common Strategic Framework

3. www.cornwall.gov.uk Which funds? The four Common Strategic Framework funds European Regional Development Fund European Social Fund European Agricultural Fund for Rural Development European Maritime and Fisheries Fund Plus other European funds Horizon 2020 (was FP7) Connecting Europe Interreg

4. www.cornwall.gov.uk A menu of thematic objectives Research & innovation Information and communication technologies (ICT) Competitiveness of Small and Medium-sized Enterprises (SMEs) Shift towards a low-carbon economy Climate change adaptation & risk prevention and management Environmental protection & resource efficiency Sustainable transport & removing bottlenecks in key network infrastructures Employment & supporting labour mobility Social inclusion & combating poverty Education, skills & lifelong learning Institutional capacity building & efficient public administrations

5. www.cornwall.gov.uk ‘Less Developed’

6. www.cornwall.gov.uk European Regional Development Fund (75% of total) Research & innovationCompetitiveness of SMEs Energy efficiency & renewable energy 50 % committed to the following priority investment areas: Information and communication technologies And the other 50% more flexible

7. www.cornwall.gov.uk European Social Fund (25% of programme) Promoting employment & supporting labour mobility Investing in education, skills & life-long learning Promoting social inclusion & combating poverty Enhancing institutional capacity & efficient public administration

8. www.cornwall.gov.uk Issues Economic and financial crisis Restructuring of EU economic governance Pressures on 2014 – 2020 EU budget Low absorption rate of Structural Funds in some Member States; High error rate New Member State (Croatia) from July 2013 Slow moving process - real risk that programmes will not start on time

9. www.cornwall.gov.uk National picture Individual departments forming thinking on future structures No consensus as yet on national position Ministerial meetings in September and November Consultation roadshows planned for December and formal consultation on Partnership Agreement to follow in January.

10. www.cornwall.gov.uk The Optimist's Timetable… 11 Dec 2012Partnership Agreement Consultation Event in Cornwall Spring 2013Formal Partnership Agreement consultation Mid-late 2013Consultation on and negotiation of Cornwall and Isles of Scilly Operational Programme Mid – late 2013Post 2013 structural fund regulations likely to be agreed between Member States and the European Parliament Late 2013UK Partnership Contract and CIoS OP agreed by EU January 2014Entry into force and adoption of programmes Its likely to be much later than this …

11. www.cornwall.gov.uk Developing a Strategy Start with what we already know Evidence Best practice – learning from others Consultation and engagement Lessons learnt

12. www.cornwall.gov.uk Planning

13. www.cornwall.gov.uk

14. Next Steps… Improved Communications Reflection exercise on current programmes and future direction Articulating CIoS position on the how and what….and what we don’t want Develop thinking on ‘big issues’ Ongoing conversations with Brussels and Whitehall Develop Operational Programmes