We have secured several allocations of European funding, supporting a variety of key economic areas in Oxfordshire - from rural development to small business growth.
We received an allocation of around €22.8m (approximately £13.4m) of European Structural and Investment Funds (ESIF) for the period 2014 to 2020. The Oxfordshire European Structural and Investment Funds Strategy (Oxfordshire ESIF) sets out overarching strategic priorities for the county.
The allocation is made-up of two funds:
- The European Regional Development Fund (ERDF) – to support innovation and business support
- The European Social Fund (ESF) - to support social inclusion and skills development
We were also allocated €3,448,507 million (approximately £2.5m) European Agricultural Fund for Rural Development which focuses on rural tourism, food production and small business development.
- We won the £2m bid for start-up and growth under the SME competitiveness theme – this is delivered by OxLEP Business
- Activate Learning won the bid to run the £1.2m 'Building Better Opportunities' project that will help more than 300 long-term unemployed people access training and jobs
- Oxford City Council is running the £345,000 Oxfordshire Community Grants scheme that provides grants of between £5,000 and £50,000 to community groups helping residents to move closer to the labour market