European Regional Development Fund
What is ERDF?
The European Regional Development Fund (ERDF) is focused on reducing economic disparities within and between member states by supporting economic regeneration and safeguarding jobs.
ERDF along with the European Social Fund and part of the European Agricultural Fund for Rural Development have been combined into a single local growth package called the European Structural and Investment Funds Growth Programme.
How much money is available?
This programme will provide funds of €3.6 billion - £2.6 billion at current exchange rates – to support local growth across the whole of England.
Main priorities for ERDF
- supporting research innovation and development, £585m
- small and medium-sized enterprises competitiveness £1,095m
- low carbon economy and energy efficiency £605m
There is also support for
- information and communications technology, £103m
- climate change adaptation, risk prevention and management £52m
- environmental protection, £81m
- specific transport schemes in Cornwall £43m
- social inclusion £38m
- technical assistance
A minimum of 5% of ERDF resources will be earmarked for sustainable urban development.
The ERDF Operational Programme (OP) contains vital information such as how the fund will be delivered, managed and evaluated. Organisations should refer to the OP before applying for the fund.
How can my organisation apply for ERDF?
Depending on the nature of the call, Voluntary and Community Organisations are able to apply for ERDF. However read the full Programme Guidance to find out if your organisation is eligible to apply for ERDF.
The Managing Authority of the fund in England is the Department for Communities and Local Government (DCLG).
DCLG will publicise their ERDF calls on the government’s Funding Finder.
Financial Instruments are business loans and equities finance also available under ERDF.
View a presentation from DCLG on ERDF (see slides 1-13)