The programme ran from 2000 to the end of 2006 and over £300m was
available. The European grant was matched from UK public and private
sources. The total amount invested in Cornwall and the Isles of Scilly
was over £900m.
The Objective One team worked to ensure that the Objective 1 Programme
tackled three strategic aims:
- increasing absolute prosperity
- creating and promoting sustainable communities and
- protecting and enhancing environmental, cultural and economic
opportunities inherent within Cornwall and the Isles of Scilly.
Objective 1 is based on criteria set out in the Single Programming
Document, which is a contract between the EC and UK government to fund the
programme. As part of this agreement the programme had to achieve
certain targets.
A separate document, known as Programme Complement, provided more
detailed guidance as to what Objective 1 needed to achieve and what could
be supported.
Funding for projects iwas broken down into various Priorities and
Measures. This provided a framework for applications. Summaries of the
Programme’s Priorities and Measures for action can be found on the
menu.
Funds
The Programme is delivered through a project-based system via four
different Structural Funds:
European Regional Development Fund
(ERDF) Creating growth by
supporting businesses in adapting and improving through grant aided
projects.
European Social Fund (ESF) This is targeted at providing
training and support, which will help people in Cornwall and the Isles of
Scilly to develop the skills necessary to gain year-round employment.
European Agricultural Guidance and Guarantee Fund (EAGGF)
Sustaining and developing the rural economy through improved processing of
agricultural produce, diversification and adaptation of rural businesses.
Financial Instrument for Fisheries Guidance
(FIFG) Designed to support the commercial fishing industry in
Cornwall and the Isles of Scilly, including fish processing businesses, the
fund aims to help the industry adapt to changing markets, to improve the
economic return on fish landed and marketing produce both inside and
outside of the region.
Cross-cutting themes
Under the Programme there weree three cross-cutting themes. These were
core attributes, which each project had to strive to achieve under
Objective 1.
The themes were:
- Environmental Sustainability
- Equal Opportunities
- Information Communications Technology
