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D2N2 Local Enterprise Partnership Our vision is a more prosperous, better connected, and increasingly resilient and competitive economy

Public Sector Compact Meeting Feb 2015

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Page 1: Public Sector Compact Meeting Feb 2015

D2N2 Local Enterprise Partnership

Our vision is a more prosperous, better connected, and increasingly resilient

and competitive economy

Page 2: Public Sector Compact Meeting Feb 2015

ESIF 2014-2020 Programme

EU Structural & Investment Funds

European Social Fund (ESF) £97.7m

European Regional Development Fund (ERDF) £104.4m

European Agriculture Fund for Rural Development (EAFRD)

£6,055,134

Page 3: Public Sector Compact Meeting Feb 2015

Overview of ESF FundingSkills and Employment

Allocation 2014-2018

100% funding (specifications) £26.75m50% co-funding (projects / calls) £32.1mTotal £58.85m

Strategic Objectives

Support the development of a more highly skilled and qualified workforce across D2N2

Improve the alignment between the supply of skills in D2N2 and employer demand by making the skills system more responsive

Increase levels of employment by creating jobs and reducing levels of unemployment

ESF is accessed via open and competitive processes run by Opt-in organisations that provide match funding, or the Managing Agent (DWP) for the ‘open calls’.

Page 4: Public Sector Compact Meeting Feb 2015

Opt-in Models for ESF

In its ESIF Strategy, D2N2 has agreed to ‘opt in’ to the service from the following organisations:

The Skills Funding AgencyThe Department for Work and PensionsThe Big Lottery Fund

 

YOUTH ENGAGEMENT

CAREERS Local

EMPLOY Local SKILLS Local

Raising aspirations of

the future workforce

Creating opportunities and matching people to jobs, apprenticeships and graduate

roles

TIME2CHANGE

Changing mind-sets and

supporting access to

employment

Engagement and support for Young People

and NEETs

Supporting workforce

development and business

growth

SOCIAL INCLUSION

Tackling poverty and improve

social inclusion through

ENGAGEMENT and

NAVIGATION

Page 5: Public Sector Compact Meeting Feb 2015

Opt-in Models for ESF

Skills Funding Agency will procure D2N2 contracts via its web based e-tendering portal service – [email protected].

Department for Work and Pensions (DWP) will procure D2N2 contracts via their web based e-tendering service. https://www.gov.uk/government/organisations/department-for-work-pensions/about/procurement

Big Lottery Fund ‘Building Better Opportunities’ (£13.4m).  Programme Development Fund is being managed by One East Midlands. http://www.oneeastmidlands.org.uk/d2n2lep

Page 6: Public Sector Compact Meeting Feb 2015

ERDF

Page 7: Public Sector Compact Meeting Feb 2015

D2N2 Growth Hubhttp://www.d2n2growthhub.co.uk/