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Reshaping the Economy

Our Plan for a Greener, Fairer, Stronger Economy

  1. 2020/21

    Respond

    • Immediate actions
    • Getting the York and North Yorkshire economy moving again
    year 2020/21
  2. 2021/22

    Reshape

    Our plan to reshape the
    economy

    • Short term response
    • Economic stimulus
    • Future foundations
  3. 2022/23

    Recover and Grow

    Our local industrial strategy

    • Post COVID-19
    • Medium to long term investment
    • Economic growth
  4. 2025+

    Greener, Fairer, Stronger Economy

    England’s first carbon negative region. 

    A carbon negative, circular economy that increases productivity and provides higher paid jobs.

Funding & Investments

 

Total awarded

Total Spend at Programme End (April 2021)

Business Growth

£6.1m

£6.1m

Flood Management

£6.4m

£6.4m

Housing & Employment

£32.7m

£32.7m

Skills capital

£10.4m

£10.4m

Transport and connectivity

£89m

£89m

 Local Growth Fund Total

£144.6m

£144.6m

Projects Total Approved
NY Digital Infrastructure  £3,000,000
Pickering Thornton Road  £880,000
Whitby Business Park  £1,082,000
A19 Chapel Haddlesey  £6,000,000
Askham Bryan Digital Skills Campus  £1,000,000
Scarborough TEC Electric Vehicle Skills  £97,000
York College Electric Vehicle Skills  £150,000
Harrogate West Business Park  £1,500,000
Digital Hub Northallerton eCampus  £678,000
York Guildhall Fit Out  £300,000
Development Costs  £385,000
Total £15,400,000
  Total Allocated (programme ends 2023) Total awarded (April 2021)
Research and Innovation £12,113,498 £11,125,605
Enhancing access to, and use and quality of ICT £1,158,078 £1,000,000
Enhancing the competitiveness of SMEs £14,937,792 £14,883,282
Supporting the shift to a low carbon economy £7,642,283 £6,458,189
Promoting climate change adaptation, risk prevention and management £5,433,958 £5,223,567
Preserving and protecting the environment and resource efficiency £3,341,010 £3,132,215
Promoting Social Inclusion and Combatting Poverty and Discrimination £2,980,919 £2,732,253
European Regional Development Fund Total £47,607,539 £44,555,111

 

Total awarded 

Food Processing

£6,898,914

Business Development

£851,648

Tourism Infrastructure

£5,642,252

European Agricultural Fund for Rural Development Total

£13,392,815

 

Total Allocated

Total Awarded (April 2021)

Social Inclusion

£17,200,000

£17,200,000

Workforce

£19,300,000

£19,300,000

Young People

£1,500,000

£1,500,000

Careers Hub

£640,000

£640,000

European Social Fund Total

£38,000,000

 £38,000,000

Businesses supported

2,823

 

Individuals supported

25,958

 

 

BEIS Target (2020-21)

Actual (2020-21)

Low intensity

Basic signposting, digital platform engagements and download materials such as eBooks and website articles on the website.

7,500

20,514

Medium intensity

1 hour telephone diagnostic support.

800

2,069

High intensity

12 hours face to face business support provided by a Business Relationship Manager.

175

320

Total

8,745

22,903

European social fund
European Regional Development Fund
EU Structural and Investments Funds
Northern Powerhouse