United Kingdom - ERDF West Wales and The Valleys

United Kingdom

Additional tools

  • Print  
  • Decrease text  
  • Increase text  

Programme description

Main objectives

The Programme aims to add value to wider investment programmes so that together they can support sustainable jobs and growth in the West Wales and the Valleys region of Wales and contribute to the delivery of the Europe 2020 targets for smart, sustainable and inclusive growth. The programme aims to focus on specific structural weaknesses as well as targeting specific growth opportunities. There is a particular focus on providing the right conditions for the private sector to invest across Wales, building on the area’s specific strengths.

Funding priorities

The Programme will focus on four main priorities: 

• Research and Innovation

• SME competitiveness

• Renewable Energy and Energy Efficiency

• Connectivity and Urban Development

Some of the expected results

• Increased research funding (including business expenditure) coming into Wales and increased commercialisation of research by Welsh SMEs 

• Increased birth rate of SMEs, increased employment growth in SMEs, increased take-up of NGA broadband by SMEs, and reduced gaps in access to finance for SMEs 

• Increased installed capacity of marine energy in Wales, increased numbers of small renewable energy schemes, and improved energy efficiency of households facing severe fuel poverty 

• Improved travel times, improved public transport connections to employment centres, near-completed ICT networks, and increased local employment in urban areas

Regions

  • United Kingdom
    • West Wales & The Valleys

Funds

  • Regional Development Fund (ERDF): 1,203,510,449.00 €

Thematic priorities

  • TA - Technical Assistance
  • TO1 - Research and innovation
  • TO2 - Information and communication technologies
  • TO3 - SMEs competitiveness
  • TO4 - Low-carbon economy
  • TO7 - Transport and energy networks
  • TO8 - Employment and labour market

Financial information

Total OP budget: 1,827,260,382.00 €

Total EU contribution: 1,203,510,449.00 €

CCI number: 2014UK16RFOP005