Welcome Leicester & Leicestershire’s European Structural Fund Programme th September 2014

Purpose of today The LLEP What does our ESIF Strategy look like? Opportunities Next Steps

Investment EU Structural Funds £111m Local Authorities £100m Local Growth Fund £242m City Deal £16m ‘Leicester and Leicestershire to be the destination of choice for successful businesses’ Return Create at least 45,000 net private sector jobs Attract £2.5b private sector investment Increase Gross Value Added (GVA) by £4b to £23b Place People Business Value for money : At least 1:5 private leverage Cost per job of £11k

What is the LLEP? LEPs introduced by Government through the Localism Act LLEP is one of 39 national LEPs formally recognised by HM Government Partnership between business, local authorities, Higher Education, Further Education & VCS

Key Priorities

PlaceBusiness People Intervention Logic: Our SEP (including City Deal and ESIF) will address the risks constraining economic growth and will build on our strengths and assets Demand for 210,800 sq. m. offices, 167 ha of industrial land and 130 ha warehousing land 70% SMEs have growth plans but need help Employers reporting lack of skilled workers in key sectors e.g. engineering Congestion causing increases in business costs 20,000 less jobs in the economy since 2008 Long term unemployment, youth unemployment & NEET

European Structural Funds

ESIF ERDF - £54m ESF - £54m EAFRD - £3m

ERDF Innovation (TO1) ICT (TO-2) SME Competitiveness (TO-3) Low Carbon (TO-4)

ESF TO-8: People into Employment TO-9: Social Inclusion TO-10: Skills

EARDF TO-3: Rural Business Support TO-9: Rural Social Inclusion

Opt-in Match TO-3: MAS, DWP, UKTI TO-8: SFA, DWP TO-9: Big Lottery Fund TO-10: SFA, DWP, Princes Trust

Employment, Social Inclusion & Skills TO-8,9 & 10 Ambitious employment & skills targets Geographical / disadvantaged groups targeted ESIF, City Deal and YEI combined interventions Targeted at youth unemployment Reduce 16 – 19 NEET Improve employability skills Address social exclusion / tackle barriers to labour market entry Improve aspirations of young people and opportunities in the local labour market Promote employer engagement

Supporting People into Employment – TO-8 Job Readiness for under 25s (£22m) £5m SFA / £5m DWP match secured Job readiness for 25+ (£22m) £4m SFA / £6m DWP match secured

Target Groups – Young People (15 – 24) Young people with no qualifications Those with learning difficulties and / or disabilities Those “looked after” / in care Carers – own child / parent(s) / other children Care leavers Supervised by YOT / Probation Service Ex-offenders Teenage pregnancies / young mothers Substance misusers Participants in Troubled Families programmes People with English language needs Other vulnerable groups i.e. BME groups

Target Groups – Older People (25 +) People with no qualifications Women returners to the labour market Those with learning difficulties and / or disabilities People with mental and /or physical health problems Carers – own child / parent(s) / other children Supervised by Probation Service People at risk of offending Substance misusers Participants in Troubled Families programmes People aged 50+ Other vulnerable groups i.e. BME groups

Supporting People into Employment (TO-8) Employment Gateway – case workers, support and signposting, especially at transition Sector based initiatives Structured and intense support programmes Holistic programmes Employer engagement – to create opportunities Early intervention Basic skills support

Promoting Social Social Inclusion (TO-9) £11m ESF / £9m Match - 100% by Big Lottery Fund Holistic approach to barriers Early intervention Whole system approach Raising aspirations Financial and digital inclusion Community-based activities Community engagement Rural services – Training and volunteering, capacity building, work experience and apprenticeships, self employment

Workforce Development (TO 10) Skills Metro (£22m) £8m SFA secured IAG Employability skills Flexible courses – bite size Enterprise skills CPD Sector-based initiatives to up-skill and re-skill Support for SME Growth (£10m) £3m SFA / £1m P. Trust Promoting an enterprise culture Leadership & Management Development (£10m) £4m SFA

Next Steps ESIF Strategy not yet signed-off by UK Government UK negotiations with EC expected to be completed by December 2015 ESIF Programme launch anticipated in January 2015 Free ESIF Workshops: 9 th October – Introduction to the LLEPs ESIF Strategy 23 rd October – Employment, Social Inclusion & Skills 4 th November – SME Competitiveness 26 th November – Innovation, ICT & Low Carbon

Thank You Any Questions?