Loading

European Structural & Investment Funds investment summary

In 2013, the Thames Valley Berkshire (TVB) area was “notionally” allocated circa £25m of European Structural & Investment Funds (ESIF) to be invested between 2014 and 2020. These funds comprise:

  • European Union Regional Development Fund (ERDF): £12,115,230
  • European Social Fund (ESF): £12,286,470
  • European Agricultural Fund for Rural Development (EAFRD): £1,125,081

The total value of current and completed projects is £13,373,000. Please note that total funding for ESF projects may differ due to opt-in match funding.

The LEP is the author and owner of the ESIF Strategy, which provides the context for the most effective investment of ESIF. For further information click here.

TVB has a notional allocation of £12,286,470 for investment into projects that support employment as well as promoting economic and social cohesion. £7,623,000 has been committed to projects that are live or have completed.

The Berkshire Apprenticeship Hub has been created to facilitate an increase in apprenticeships at all levels in Berkshire, particularly focusing on those employers that have not offered apprenticeships previously. This project operates mainly in LEP priority sectors and aims to increase apprenticeship participation in Berkshire

Delivery Partner: Slough Aspire with a consortium of partners led by the Windsor Forest Colleges Group

ESF investment: £461,700 with match funding from the ESFA

Completion date: 31 March 2019

Status:

  • 112 learner assessments completed (target 259)
  • Training Needs Analysis of 68 SMEs carried out (target 200)

Tailored training courses set up to address the skills gaps of those currently employed but requiring skills development. The focus is on addressing the needs identified in the LEP’s Skills Priority Statement. Working across Berkshire, the project delivery partners provide a range of relevant vocational training opportunities in priority skills needs and sectors.

Delivery Partner: Consortium led by the Windsor Forest Colleges Group

ESF investment: £900,000 with match funding from the ESFA

Completion date: 31 July 2018 (closed)

Status:

  • 612 learner assessments completed (target 590)
  • Training Needs Analysis of 117 SMEs carried out (target 300)

Gearing up for STEM

WOOP aims to raise awareness of STEM and help plug the skills gap by promoting opportunities and seeking talent. It will also help ensure that education and training programmes keep pace with employers’ needs.

Delivery Partner: Adviza

ESF investment: £665,400 with match funding from the ESFA

Completion date: 31 March 2019

Status:

  • 222 work placements for graduates (target 285)
  • 57 events carried out (target 95)
  • 231 STEM ambassadors within the role model network (target 257)

Scheme benefits:

Increasing awareness of STEM and influencing the providers of education, training and support to deliver learning programmes that employers want to ensure skilled and knowledgeable employees. As a result, the supply, i.e. young people, graduates and existing employees will meet existing and future demand.

Supporting families with complex needs living in Berkshire, the project helps to address the multiple barriers preventing them from entering and sustaining employment. It supports families facing at least one of the criteria for being ‘Troubled Families’. Families will have Key Worker support and personalised action plans.

Delivery Partner: Consortium led by Workers Educational Association.

ESF investment: £1,000,000 with match funding from the Big Lottery Fund

Completion date: 31 December 2019

Status:

  • 105 people have engaged in activities to improve their work readiness (target 408)

Scheme benefits:

By providing consistent support and constructive challenge through Family Support Workers the project will enable participants to identify their own long-term employment aims and ensure that they are able to access existing services, as well as filling gaps in those services such as family mediation or opportunities for families to have positive experiences together, building confidence and improving wellbeing.

The Programme seeks to address the skills gaps and unemployment and of the 16-24 year-old population. The aim is to deliver employment and skills support for 3380 young people.

Delivery Partners: Reading BC, Wokingham BC, West Berkshire Council, RBWM, Bracknell Forest Council, Ways into Work, Prince’s Trust, Adviza

Additional delivery organisations: Kennedy Scott, West Berkshire Training Consortium, Optalis

ESF investment: £2.4m with match funding from a range of partners

Total cost of scheme: £5.1 million

Completion date: 30 June 2019

Status:

  • 1,892 individuals supported to date (target 3,380)
  • 449 individuals have gained employment or training (target 1,435); 49 have gained basic skills (target 244)

Scheme benefits:

To deliver a 50% reduction in youth unemployment, through providing 1,300 new employment opportunities for young people and 1,500 work experience placements

The Stronger Together Partnership of 13 organisations across the voluntary and community sector is open to all eligible participants from the west of the LEP area, concentrating on the most deprived areas to help the most vulnerable in society back into employment.

Delivery Partner: Consortium led by Reading Borough Council.

ESF investment: £1,317,540 match funding from the Big Lottery Fund

Completion date: 30 June 2020

Status:

  • 40 participants supported by a range of partners (target 344).

Scheme benefits:

The project will support those in the West of Berkshire who are furthest from the labour market through tailored action plans to improve skills and increase confidence. Individualised support to overcome barriers to work will include key workers, tutoring and jobs clubs. Specialist support will be offered for those with additional barriers to employment, including ex-offenders

Better opportunities for East Berkshire

Addressing Barriers to Work

The project will support the most disadvantaged groups in the East Berkshire area to develop their capabilities and competencies for employment, including self-employment or becoming social entrepreneurs. Participants will include those who face significant barriers to work and who are furthest from the labour market.

Delivery Partners: Consortium led by Slough Borough Council

ESF investment: £878,360 with match funding from the Big Lottery Fund

Completion date: 31 March 2020

Status:

  • 41 participants supported by a range of partners (target 260)

Scheme benefits:

The project supports those in the East of Berkshire who are furthest from the labour market through tailored action plans to improve skills and increase confidence. Individualised support to overcome barriers to work will include key workers, tutoring and jobs clubs. Specialist support is offered for those with additional barriers to employment, including ex-offenders.

TVB has a notional allocation of £12,115,230 for investment into projects that encourage research, development and innovation, create and grow SMEs, develop a low carbon economy and reduce the environmental risk to businesses. £5,750,000 has been invested in two projects.

Thames Valley Science Park

A new development offering state of the art lab and offices for forward thinking and ambitious technology companies to develop and grow.

Delivery Partner: University of Reading

ERDF Investment: £5,000,000

Completion date: 31 March 2018 (closed)

Status:

  • Project complete offering 130,000 sq ft of developed space
  • Large proportions of laboratories and technical space
  • Diverse range of technologies and sectors utilising the space

Scheme benefits:

A community of 80 innovation and technology-led companies ranging from start-ups to global corporate R&D facilities employing over 1,000 people. The park is adjacent to the M4 at the heart of Europe's strongest knowledge cluster.

This established service offers support to entrepreneurs and businesses in Thames Valley Berkshire. It helps both start-ups and established companies, providing free support and advice that includes networking events and workshops on a range of business issues. The Growth Hub provides a small number of eligible businesses with ongoing intensive support. Support provided will be bespoke and tailor-made to meet the needs of each business.

Delivery Partner: Oxford Innovation Services (OIS)

ERDF Investment: £750,000 with match funding from OIS and BEIS

Total cost of scheme: £1,474,921

Status:

  • 670 businesses engaged, of which 282 have received intensive face to face support
  • 741 businesses have been referred on to receive further private or national support
  • 635 businesses have received intensive support from the Growth Hub
  • 98 individuals have received help to start a business.

Scheme benefits:

The Business Growth Hub offers two tiers of free support to Berkshire businesses. The first tier is available to all companies, regardless of sector or size and includes:

  • Access to a wealth of information on the Growth Hub website
  • Regular monthly Growth Hub newsletter
  • Free networking events
  • Free access to short, half-day, workshops
  • Drop-in business advice clinics.

The second tier of services is only available to SMEs in Berkshire with high growth potential; it includes a full in-depth assessment of the business.

TVB has a notional allocation of £1,125,081 from the Rural Development Growth Programme England, funded from EAFRD, for projects that create jobs and growth in the rural economy. Grants are available for:

  • Business Development
  • Food Processing
  • Rural Tourism Infrastructure

There are currently no live or completed EAFRD projects.

(C) Thames Valley Berkshire LEP Ltd November 2018

Report Abuse

If you feel that this video content violates the Adobe Terms of Use, you may report this content by filling out this quick form.

To report a copyright violation, please follow the DMCA section in the Terms of Use.