The 2014 to 2020 European Structural and Investment Funds bring the European Regional Development Fund, European Social Fund and part of the European Agricultural Fund for Rural Development together into a single European Union Structural and Investment Funds Growth Programme for England supporting the key growth priorities of innovation, research and development, support for Small and Medium Sized Enterprises, low carbon, skills, employment, and social inclusion.
The Government has confirmed that it will guarantee EU funding for structural and investment fund projects signed before the UK’s departure from the EU, even when these projects continue after we have left the EU.
As a result, British businesses and other organisations will have additional certainty over future funding and should continue to apply for EU funding while the UK remains a member of the EU.
EU investment plan
In 2014 BTVLEP submitted an updated EU investment plan to central government, setting out how we intended to spend the €13.9m of European Union Structural Investment Funds that has been allocated to BTVLEP between 2014 and 2020.