This sets out how the next round of European funding will be distributed, and is surprisingly intelligible.
In the Sheffield City Region, as well as the main employment & skills areas, the fund, matched by Big Lottery Fund, will cover the social aims of:
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encouraging social inclusion, combating poverty and any discrimination
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investing in education, training and vocational training for skills and lifelong learning
The Key Fund will be organising events and putting out information about the scheme and how to apply for it, so look out for those. There will be an online application process, but that is not open yet. In the meantime, it is worth looking through the handbook so you know what's coming up. It's here