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Lincolnshire benefits from £41m of EU funding
27 Aug, 2018

Research undertaken by the Lincolnshire branch of the European Movement has established that in the period 2014-2020, the Greater Lincolnshire area will receive in excess of £41m of funding from the European Union. This funding comes from the European Regional Development Fund, the European Social Fund, the European Structural & Investment Fund and Education Skills Funding Agency.

Beneficiaries include Education & Skills Funding Agency (£12.9m), Lincolnshire County Council (£6.3m) , Bishop Grosseteste University (£4.8m),  East Midlands Business Limited (£2.8m), Big Lottery Fund (£2.5m), Department for Work & Pensions (£2.2m), Lincoln University (£2.1m), South Holland District Council (£1.9m), Lincoln BIG (0.57m) and Witham Fourth District internal Drainage Board (£0.48m).

Funded projects include:-

  • Building Better Opportunities designed to improve people’s life chances by building better opportunities for education, training and employment.
  • Business Inspiration supporting small and medium sized businesses to develop focused growth strategies and develop new business models.
  • Lincolnshire Open Research & Innovation Centre.
  • Support for the long term out of work to get back into sustainable employment.
  • ‘Internationalising SMEs’ designed to support SMEs to access new overseas markets for their goods and services.  
  • Skills & Training.
  • Collaboration 4 Growth aimed at enhancing the competitiveness of businesses in Central Lincolnshire.
  • Technical assistance for Lincolnshire County Council to provide local support to help applicants access European Social Funding.
  • Lincolnshire Business Digital Growth Programme.
  • Business Lincolnshire Sustainable Business Growth Programme.
  • Greater Lincolnshire Local Enterprise Growth & Efficiency.
  • Innovation Programme for Greater Lincolnshire to define an ambitious economic growth vision that will increase the value of the region’s economy by £3.2Bn.
  • Boston Haven Banks and the Wrangle Sea Banks Flood Defence Schemes.

John Bland, Chair of the Lincolnshire European Movement said:-

"Whilst these funds will be underwritten by the Government in the event of the United Kingdom leaving the European Union in 2019, we ask whether after 2020, the county will benefit from similar levels of targeted support from Central Government in future, given the long history of underfunding recently acknowledged by leaders of Lincolnshire County Council."

A breakdown of the Lincolnshire beneficiaries from from the European Regional Development Fund, the European Social Fund, the European Structural & Investment Funds can be found here.

The Education Skills Funding Agency data for Lincolnshire can be found here.

Prime Source : www.Gov.uk