… prosperous, inclusive and self-sustaining communities,
where the unique cultures,
traditions and environments are enhanced …
ERDF
For the ERDF Programme, €121,862,392 has been allocated for the programming period. The Programme vision operates through three Priorities:
Priority 1 - Enhancing business competitiveness, commercialisation and innovation;
Priority 2 - Enhancing key drivers of regional and sectoral sustainable growth; and
Priority 3 - Enhancing sustainable growth of peripheral and fragile areas.
The region’s socio-economic analysis identified a range of key economic sectors and key growth drivers where investments from previous Programmes have made significant contributions to creating the foundations for self-sustaining growth into the new programming period and beyond.
The key economic sectors are currently:
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Renewable energy, such as wind, hydrogen, wave, tidal and biomass, and other energy-related activities such as the support of nuclear decommissioning (although nuclear decommissioning itself will not be an eligible activity);
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Tourism and culture-based businesses;
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Food and drink;
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Forestry;
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Life/health (and other) sciences.
Nine Programme challenges have been identified, each of which is addressed by one of the three Priorities for assistance. These are detailed in the diagram below:
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Enterprise Challenges
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| 1. Removing barriers and lack of incentives to entrepreneurs and growing enterprise. |
Priority 1
Enhancing business competitiveness, commercialisation and innovation
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| 2. Developing full exploitation of key sector technology developments. |
| 3. Increasing rates of innovation. |
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Key Drivers Challenges
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| 4. Improving RTD resources in region. |
Priority 2
Enhancing key regional and Sectoral drivers
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| 5. Improving higher/further education and developing UHI. |
| 6. Sustainable use of region’s natural, built and cultural environment. |
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Communities Challenges
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| 7. Increasing business development in fragile communities. |
Priority 3
Enhancing sustainable growth of peripheral and fragile communities
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| 8. Improving sustainable community infrastructure. |
| 9. Addressing key bottlenecks in transport and communications. |