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GLOSSARY


Appraisal Criteria Used to assess each project against the Programme Complement/Single Programming Document and to check its eligibility for European Funding
Beneficiaries People, companies or organisations benefiting from a project’s activity
BME Black and Minority Ethnic 
CAP Community Action Plan - a series of local projects in targeted communities to help develop strong neighbourhood organisations, overcome barriers to employment, establish social economy businesses, promote active citizenship, consultation and feasibility work
Capacity Building A project which helps to improve the ability of communities to take the lead in their own social and economic renewal
CED Community Economic Development - activities such as training, skills and enterprise development that help build capacity, confidence and expertise in communities
Claim Forms Claim forms are submitted by organisations receiving funding at regular intervals throughout the course of their project in order for applicants to draw down their funding allocation. Projects claim in arrears on expenditure incurred. On these forms applicants are required to submit information on project spend, outcomes and outputs
Co-financing Arrangements Provision of matched funding ‘at source’ eliminating the need for sponsors to find their own match funding e.g. with the Learning and Skills Council
Cross Cutting Themes Horizontal drivers underpinning the Programme’s activities applied to every project to ensure they are sustainable balancing the social, economic and environmental benefits. The four themes are Environmental Good Practice, Employability and Skills, Social Inclusion and Diversity, Creativity, Innovation and Technology (ICT)
DfES Department for Education and Skills
E-learning The provision of learning and training material via the internet or by other electronic means
ERDF European Regional Development Fund - the main EU Structural Fund to support capital projects such as building schemes, land development and large scale equipment, and business support activities
ESF European Social Fund - the EU Structural Fund that supports the human resources aspects of schemes, such as staff salaries, training costs and running costs
EU European Union
Forward Strategy How a project will end its activities or continue to progress once the grant period is over
Full Application An application for EU Structural Funds made on either an ESF, EAGGF or ERDF application form, accompanied by a Business Plan, once a Registration of Interest form has been approved - see RIF
Help in Kind Refers to things other than money your organisation may receive e.g. furniture or equipment
ILM Intermediate Labour Market projects offer an employment contract, along with a full package of support, aimed at helping long term unemployed people back into the labour market
Matched Funding The funds which a project sponsor needs to secure to match the funds provided by the Objective 2 programme
Monitoring Regular collection and analysis of activity, spend and outcomes/outputs of a project together with information on progress, problems and how they are being addressed. Key part of evaluating the effectiveness of funded activity
Outputs/Impacts Results The positive economic effects created by the activities undertaken in a project
Spend Takes place when a project begins to make claims on expenditure incurred
SRB Single Regeneration Budget - a UK Government scheme providing fund for regeneration
Structural Funds EU funds (ERDF, ESF, EAGGF) provided to help poorer regions of member states regenerate their economies and create jobs
Sustainable Development Activities or projects which are carried out balancing economic progress with social and environmental needs
Sustainable / Sustainability A project or activity that will keep running after funding has ended. Also refers to whether a project or activity will be carried out without permanently damaging a resource or using it up
Technical Assistance The part of the programme budget used to improve programme performance, management, effectiveness and delivery
Third Sector Voluntary and community sector

LVSTC is funded by the European Social Fund via the London Development Agency,
London Councils, City Bridge Trust and City Parochial Foundation