National Lido of Wales, Pontypridd
From 2007-2013, the Convergence programme operated in West Wales and the Valleys and Regional Competitiveness and Employment (RCE) programme in East Wales.
The Convergence EU Funding programme ran from 2007-2013, investing EU funds of £1.8bn, driving total investment of £3.4bn. The programme safeguarded and created jobs and businesses even during the global economic crisis of 2008/9.
The Convergence programme for West Wales and the Valleys covered the Unitary Authorities of Blaenau Gwent, Bridgend, Caerphilly, Carmarthen, Ceredigion, Conwy, Denbighshire, Gwynedd, Isle of Anglesey, Merthyr Tydfil, Neath Port Talbot, Pembrokeshire, Rhondda Cynon Taff, Swansea and Torfaen.
There were around 290 projects across Wales and some examples of those impacting on the South East region include:
Between 2007 and 2013, European projects working in the South East achieved the following:
Enterprises assisted | 6,608 |
Enterprises created | 5,463 |
Gross jobs created | 16,738 |
Participants | 316,813 |
Participants entering employment | 39,450 |
Participants entering further learning | 30,807 |
Participants gaining qualifications | 121,533 |
This film gives an overview of how Convergence funding was used in South East Wales:
The RCE Programme for East Wales covered the Unitary Authorities of Cardiff; Flintshire; Monmouthshire; Newport; Powys; the Vale of Glamorgan and Wrexham. Approximately £97m of European Funds was available under the programme which became known as ‘Competitiveness’. The priorities for funding were developed to give effect to the vision of creating a thriving, vibrant and competitive region that has a highly skilled, innovative workforce that can compete internationally.
Two Operational Programmes were developed for East Wales, one for the European Regional Development Fund (ERDF) and one for the European Social Fund (ESF).
Priority 1 – Knowledge and innovation for growth
Priority 2 – Business Competitiveness and Growth
Priority 3 – Tackling Climate Change
Priority 4 – Regeneration for Growth
Priority 1 – Increasing employment and tackling economic inactivity
Priority 2 – Improving skill levels and the adaptability of the workforce
For more information on the results of the Convergence and RCE programmes in Wales, visit the WEFO website.