European Structural and Investment Fund Programme (ESIF)

ESIF is a new scheme that aims to promote innovation, support small and medium-sized enterprises (SMEs), and contribute to a more sustainable society. Between 2014 and 2020, €6 billion will be distributed across the different regions within the UK.

ESIF provides funds to help local areas grow. Running from 2014 to 2020, there are three types of funds involved in the programme.
  • European Social Fund (ESF) focuses on improving the employment opportunities, promoting social inclusion and investing in skills by providing help people need to fulfil their potential.
  • European Regional Development Fund (ERDF) supports research and innovation, small to medium sized enterprises and creation of a low carbon economy.
  • European Agricultural Fund for Rural Development (EAFRD) supports rural businesses to grow and expand, improve knowledge and skills and get started.
The funds are managed by the Ministerial Department Business Innovation and Skills and distributed through funding competitions. LEP advise companies and applicants to assess the projects.

For further information, please contact a member of our team.