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Presentation by WCVA to EESC Group III Social Economy Category 18 October 2011 Judith Stone Third Sector European Team (3-SET), WCVA www.wcva.org.uk 0800 2888 329 help@wcva.org.uk EU

  1. Presentation by WCVA to EESC Group III – Social Economy Category 18 October 2011 Judith Stone Third Sector European Team (3-SET), WCVA � � � � www.wcva.org.uk � � � � 0800 2888 329 � � � � help@wcva.org.uk

  2. EU Structural Funds Support for the Social Economy in Wales • Enterprising Communities (WCVA) • Social Enterprise Support Project (Wales Co-operative Centre) • Communities Investment Fund (WCVA) • Intermediate Labour Market Project (WCVA)

  3. Communities Investment Fund • ����������� • ����������������������������������������� • �������������������������� ��!"�#$%�&��'� ����'�����������������('�)���������%������ ������*����(����������(������������������� • +�������������(��������������������(����(������ ��������(�(�������������������(������

  4. Intermediate Labour Market Project • �����������%������������'����'������&��,����-.-� ���������(�������( • ������������/��������������((�����������-0��� �01���!2#$ • ���(�������,����������������������������� ��������������������������&��'�(��������������(�(���� ��������&��,����������%����������/�3������������( • 4��'�(����((�����5����� ���� ���� ���� &��,�������������(������ (���������������������

  5. Enterprising Communities • Convergence funded 2011-2014; £4.9m (£ 3.45m) • Delivered in partnership: WCVA and local county voluntary councils (CVCs) services • Developed from an Objective One project – subject of a DG Regio case study on local development • Will provide in-depth focussed assistance to 300 enterprising third sector organisations, and create 30 new social enterprises

  6. Social Enterprise Support Project • Delivered by Wales Co-operative Centre • Convergence and Competitiveness funding 2008-2013 (£ 7.9m; £ 4.02m ERDF) • Supports the development and growth of social enterprises • Designed to provide specialist support to social enterprises that have ‘graduated’ from Enterprising Communities

  7. Conclusion • ERDF focus on making third sector organisations ‘better businesses’, but... • ...ERDF and ESF can be used to support the growth of the social economy • Progression from one project to another... • Move away from grants to loans to promote financial sustainability Any questions?

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