In March 2013, the Government announced that, for the 2014-20 funding period, a large majority of the EU’s Structural Funds for England would be allocated to Local Enterprise Partnerships (LEPs). Supplementary Guidance, published 24 July, focuses in detail on what LEPs have to do to develop their strategies for EU funds. The Supplementary Guidance also gives more detail on sources of match funding and encourages LEPs to consider the use of financial instruments. Accompanying the main guidance document is an ‘opt in’ prospectus showing the offers for match funding made by national organisations. LEPs are asked to prepare first drafts of their ESI Funds strategies by Monday 7 October 2013 and agree final proposals with Government in early 2014.
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