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RFA - Setting the scene Economic Development

RFA - Setting the scene Economic Development. Jonathan Coe 17 th October 2008. To cover. Scope of funding Opportunities Constraints Stakeholder Engagement. Scope of Funding. Regional Economic Strategy. Scope of Funding. Regional Economic Strategy. RDA Single Pot (to 2018/19).

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RFA - Setting the scene Economic Development

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  1. RFA - Setting the sceneEconomic Development Jonathan Coe 17th October 2008

  2. To cover • Scope of funding • Opportunities • Constraints • Stakeholder Engagement

  3. Scope of Funding Regional Economic Strategy

  4. Scope of Funding Regional Economic Strategy RDA Single Pot (to 2018/19)

  5. Scope of Funding Regional Economic Strategy RDA Single Pot (to 2018/19) ERDF (to 2013/14)

  6. Engagement • Business Representative Group • Strategic Authorities • Existing groups • Direct stakeholder input • Conference in January

  7. Scope of Funding Regional Economic Strategy SCOPE RDA Single Pot (to 2018/19) ERDF (to 2013/14)

  8. Scope of Funding Regional Economic Strategy SCOPE RDA Single Pot (to 2018/19) ERDF (to 2013/14) Influence/align with private and other public sector funding

  9. RES: Key Objectives • Successful and Competitive Businesses • Strong and inclusive communities • An effective and confident region • Growth within environmental limits

  10. RDA Corporate Plan • Outlines RDA’s contribution to the RES from 2008-2011 • Key objectives: • Creating the conditions for productivity led growth • Developing a low carbon economy • Creating successful places • Net carbon neutral annual investment portfolio by 2013

  11. ERDF • Competitiveness & Convergence Operational Programmes set out contribution to 2013/14 • Competitiveness: • Innovation and knowledge • Enterprise and Growth • Urban Enterprise

  12. ERDF • Convergence: • Innovation, research and development • Enterprise and Investment • Transformational Infrastructure • Unlocking the Economic Potential of Place

  13. Constraints • RDA Single Pot: • No headroom for next 3 years; • Limited scope to change investment priorities during this time • ERDF : • Funding to 2013/14 only • Operation programme agreed by European Commission • But…...........

  14. Opportunities • Next three years: • Clarity on prioritisation of spend • Better alignment • Sequencing • Spatial packaging • Innovative approaches (RFA + ??) • 2011 and beyond….. • foundations for SRS

  15. Jonathan Coe E-mail : jonathan.coe@southwestrda.org.uk Tel : 01392 229560 Mobile : 07712 678906

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