The current programme runs from 2007-13 and is worth over £200 million to the East Midlands. The programme has three main aims:

• Increasing productivity through innovation
• Improving resource efficiency in businesses and communities
• Increasing sustainable economic and enterprise activity in disadvantaged communities

Activity supports a range of beneficiaries including SMEs, universities, local authorities, business support intermediaries, entrepreneurs, social enterprises and community organisations.

There are two 'Priority Axes'.

Priority Axis 1 supports the first two aims and is available throughout the region, managed by a regional ERDF team.  More information and details of how to bid for funding is currently available from the East Midlands ERDF website.

Priority Axis 2 is focused on the third aim and is only available in the more disadvantaged parts of the region. The whole of the Nottingham City area is eligible.

There is currently a final call for projects ('The Challenge Fund') being issued at a regional level for both priority axes. More details from the regional ERDF website: https://www.gov.uk/erdf-regional-guidance-east-midlands