European Structural and Investment Funds (ESIF) 2014 – 2020
Tees Valley Combined Authority, Tees Valley Unlimited (LEP) and local partners play a key role in determining how the Single European Structural and Investment Funds (ESIF) Programmes are best invested across Tees Valley to promote growth, jobs and social inclusion.
A notional allocation of £170 million (the sterling value may change dependent on exchange rate fluctuations) from the European Union is available for Tees Valley, made up of three different funds: the European Regional Development Fund (ERDF); the European Social Fund (ESF) including the Youth Employability Initiative (YEI), and the European Agricultural Fund For Rural Development (EAFRD). Please refer to the specific page for each fund for further detail.
Consultation – Tees Valley Unlimited have carried out extensive consultation with stakeholders to ensure our ESIF Strategy meets both local need and wider ambitions for growth in the area. Following consultation, we submitted our ESIF Strategy to the Government in January 2014. The ESIF Strategy describes the local needs and opportunities, the outcomes to be delivered and how they align to the specific needs of Tees Valley. Potential applicants are advised to refer to the Tees Valley ESIF Strategy which can be found by clicking here.
Implementation – the ESIF Programme is managed by Government agencies referred to as the Managing Authorities. For ERDF this is the Department Of Communities And Local Government (DCLG), for ESF the Department For Work And Pensions (DWP), and for EAFRD the Department For Environment, Food And Rural Affairs (DEFRA). Implementation of the ESIF Programme began in March 2015 with the Managing Authorities launching the first round of calls for applications. All calls will be published on the ESIF pages of the www.gov.uk website.
Governance – the ESIF Programme is governed by a local Sub-Committee made up of representatives from a variety of organisations across the Tees Valley. The composition of the committee reflects the breadth of partners relevant across the three funding streams of ESIF.