The chance to submit projects aimed at boosting business entrepreneurship in the D2N2 area for European funding worth a total of £12.5million closes tomorrow (Friday May 29).
D2N2 – the Local Enterprise Partnership for Derby, Derbyshire, Nottingham and Nottinghamshire – announced in March (2015) that it had received £214million in European Structural Investment Funds (ESIF); to invest in business innovation and growth, entrepreneurship, low carbon technology, digital connectivity, skills, employment and tackling social exclusion in its area, over six years (up to 2020).
Regular ‘calls’ for businesses and organisations to submit proposed projects, to tackle these topics, will be regularly announced through Government departments and D2N2 over the six year period. The Local Enterprise Partnership has already held information ‘surgeries’ for those interested in submitting projects to tackle employment and business support issues.
D2N2 ESIF Co-Ordinator Richard Kirkland presenting at Loxley House Nottingham
The first such calls for project to bid began to go out last March and one of these – aimed at supporting SMEs (small and medium-sized enterprises) around improving entrepreneurship, particularly in areas with low levels of enterprise activity and amongst under-represented groups – will close for outline applications tomorrow (May 29). It is worth a total of up to £12.5million.
Project leaders wishing to submit an outline application before the deadline can access more information about the call for submissions at website www.gov.uk/european-structural-investment-funds/sme-support-call-in-derby-derbyshire-nottingham-and-nottinghamshire
Individual projects must cover all or part of the D2N2 Local Enterprise Partnership area, and must apply for a minimum of £500,000 and be able to provide matched funding. It is anticipated that funding from this call will be awarded for up to three years.
For more information about the D2N2 ESIF funding programme see website www.d2n2lep.org/EUFunding