European Regional Development Fund

The Department for Communities and Local Government is the managing authority for the European Regional Development Fund (ERDF) Programme which runs from 2007 to 2015. This is one of the funds established by the European Commission to help local areas stimulate their economic development.

The European Regional Development Fund is making a real difference to people and businesses in the East of England. With €110.9 million to invest between 2007 and 2015, European Regional Development Fund is enhancing the competitiveness of the region’s economy by supporting growth in enterprise and employment. The East of England programme has a theme of low carbon economic growth with the following priorities:

Priority 1 – Promoting innovation and knowledge transfer to improve productivity, to encourage commercialisation across the region’s research and development base, and establish energy efficient and clean technologies.

Priority 2 – Stimulating enterprise and supporting successful businesses by overcoming barriers to business creation and expansion, improving access to finance for business and supporting the development of social enterprises.

Priority 3 – Ensuring sustainable development, production and consumption by working with communities (both urban and rural) to support local jobs and business growth.