Over £26.6 million will have been brought to the South East from 2000
- 2006 from funding under the Objective 2 programme.
Objective 2 aims to revitalise those areas facing structural difficulties,
whether industrial, rural or urban. Structural problems vary from region to
region and cover a wide variety of different types of socio-economic
difficulties and generally reflect a high level of unemployment. These can
include:
- a decline in the traditional manufacturing sectors
- a decline in the economy of coastal towns
- social exclusion due to a lack of investment in urban areas
- Poorly qualified labour market for current day needs
Funding is given based on four categories:
- business development and innovation
- spatial development
- heritage, culture and the environment
- community economic development
The Programme Monitoring Committee includes:
- Government Office for the South East
- South East England Development Agency
- local authorities
- community groups
- business, skills, education sectors
- environmental interests organisations
Its role was to see that all arrangements for developing and agreeing
projects were fair and open.
Applications for the Objective 2 programme have now closed.
