United Kingdom - ERDF East Wales

United Kingdom

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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 East Wales region of Wales and contribute to the delivery of the Europe 2020 targets for smart, sustainable and inclusive growth.

The programme aims to target specific structural weaknesses, but has a particular focus on specific growth opportunities. Ensuring the right conditions for the private sector to invest across Wales, building on the area’s specific strengths, is a core objective.

Funding priorities

The Programme will focus on four main priorities:

• Research and Innovation

• SME competitiveness

• Renewable Energy and Energy Efficiency

• Connectivity

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 numbers of small renewable energy schemes, and improved energy efficiency of households facing severe fuel poverty

• Increased use of public transport in urban areas and near completed ICT networks

Regions

  • United Kingdom
    • East Wales

Funds

  • Regional Development Fund (ERDF): 203,312,254.00 €

Thematic priorities

  • TA - Technical Assistance
  • TO1 - Research and innovation
  • TO2 - Information and communication technologies
  • TO3 - SMEs competitiveness
  • TO4 - Low-carbon economy

Financial information

Total OP budget: 406,624,508.00 €

Total EU contribution: 203,312,254.00 €

CCI number: 2014UK16RFOP006