Presentation: Cross Border Co-operation Best Practice and Future Opportunities from across the European Union by Sharon Daly, ASPIRE Programme Co-ordinator 13th June 2013 Project partners Overview • The background to ASPIRE • ASPIRE as an economic solution • Unique features of ASPIRE • ASPIRE Funding (INTERREG IVA) • Key objectives for ASPIRE • Benefits of ASPIRE • Progress to date and next steps Background • 26,500 businesses in the EBR area • 89% micro businesses • Micro businesses struggling to achieve growth, sales and profit • 178,000 graduates aged 20 - 29 • 20,000 (11.2%) unemployed and rising • Identified need for support ASPIRE ASPIRE is a unique cross border economic development programme, designed to tackle some of the particular problems associated with the current economic downturn, primarily: • Increasing pressure on small businesses to innovate, survive and remain competitive • Increasing levels of graduate unemployment ASPIRE is unique • Designed for micro businesses not engaged in mainstream programmes • Supports both technical and commercial business projects • Investment in owner/manager training • Development of a business plan for sustainable growth • Supports and grows the bottom line • Creates employment for graduates • Cross border delivery Funding available Eligible costs £ Sterling per graduate ASPIRE Graduate Salary Employer NI Contribution Total £ Total cost Company contribution ASPIRE support (INTERREG IVA) 17,500 3,600 13,900 1,575 0 1,575 19,075 3,600 £15,475 Funding available Eligible costs €Euro per graduate ASPIRE Graduate Salary PSRI Total € Total cost Company contribution ASPIRE support (INTERREG IVA) 20,750 4,200 16,550 2,230 0 2,230 22,980 4,200 €18,780 Performance targets Business support Assist 45 businesses within East Border Region to employ a graduate for 12 months (70% from NI and 30% from ROI) Turnover 30% increase in turnover for businesses Cross Border Trade 33% of businesses to increase cross border trade by 5% Graduate jobs 50% of graduates offered full time jobs Additional Jobs 45 additional jobs to be created e.g. admin/production Programme Delivery Stage 1 Business Recruitment Jan – Feb 2013 Stage 2 Identify the business need for a graduate and define the associated project and job role – March – May 2013 Stage 3 Recruit, select and appoint the graduate June – Sept 2013 June – Sept 2013 Stage 4 Mentor, monitor and measure project for 12 months against financial and performance targets Ongoing Benefits to Businesses • Support to businesses to draw up an effective business development plan • Support to businesses throughout the graduate recruitment and selection process • Provides businesses with affordable graduate skills for 12 months – 80% of salary funded by ASPIRE • On-going advice and support from ASPIRE mentor • Experience and training in project management • Cross border networking opportunities Benefits to Graduates • Real, identifiable employment opportunities within the East Border Region – 45 posts available • Opportunities for sustained employment and/or career progression • On-going advice and support from ASPIRE mentor • Experience and training in project management/ Committee management/Presentation skills • Cross border networking opportunities • • • • • • • • • • Progress to Date Letter of Offer Issued April 2012 Managing Agent appointed - Dec 2012 Programme launched - Jan 2013 Information sessions - Jan/Feb 2013 181 expressions of interest - Feb 2013 139 businesses eligible to apply to ASPIRE 90 businesses attended ASPIRE Master Classes 56 applications received by closing date 45 Projects approved 45 Jobs advertised on 7th June 2013 Next Steps • 45 graduate posts advertised on a cross border basis • 45 graduates appointed and in post by October 2013 – October 2014 Thank yo www.aspireprogramme.com