Blog Tags

  • RGF Round 2: What Can We Tell?

    Earlier last week the Government announced the winners of the second round of the £1.4 billion Regional Growth Fund. The £950 million available for Round 2 will be allocated to 119 successful Round 2 bids, subject to due diligence and needs to be spent by 2014. The published information from BIS on the successful bids is currently quite limited however through local publicity and press coverag...

  • The Perfect Match? SME Contributions and ERDF

    In the current economic climate, stakeholders across England’s regions are keen to bring forward projects that can provide a much-needed boost to local enterprise.  They know that ERDF funding is available for this, but in many cases lack the match funding needed to draw it down. One answer is to increase the use of match funding contributions from SMEs (small and medium-sized enterprises). Us...

  • Tips for a Successful R3 RGF bid

    Last week the £1 billion Round 3 of the Regional Growth Fund was launched. With a deadline of 13th June, those interested in bidding will need to gear up quickly. Regeneris supported a number of Round 1 and Round 2 bids, with our successes including a £4 million bid for the North West Aerospace sector, a £26 million Hull and East Riding Renewables Sector Development programme bid (see here) an...

  • SME Access to Finance: Lessons for LEPs

    The LEPs should have now received their feedback from CLG on the initial drafts of their European Structural Investment Fund plans (known as the SIFs) and should be refining their plans for final submission in January.  From what we understand, a large number of the LEPs are intending to use ERDF resources to part fund SME access to finance projects. In many instances these are along similar lin...

  • Big Footprints? Measuring Corporations' Impacts

    We have probably all seen examples of multinationals being pilloried in the press for allegedly avoiding paying UK corporation tax. Some companies have responded by emphasising the jobs and wealth that they bring to the country. While using economic impact assessment in this defensive way has its place, there are actually a range of more positive ways in which companies can benefit from a robust...

  • LEPs and Local Growth

    After a couple of years of uncertainty, Local Enterprise Partnerships (LEPs) have now begun to have a clearer role carved out for themselves and, an opportunity to control (or at least, to influence) significant amount of local investment. Heseltine’s No Stone Unturned report pushed for more delegated local decision-making over UK public spending. A lot of work is currently going on across the...

  • Have PPI Payments Boosted the UK Economy?

    Despite falling real wages, the UK consumer has been driving the UK’s economic recovery Although forecasters have been busy upgrading their expectations for UK GDP growth, some have voiced concerns about the sustainability of the recovery. Consumer expenditure (and the housing market) has clearly played a large part in driving growth despite real hourly wages having actually fallen.  Indeed, G...

  • Travel to Work 2011: Fastening London's Commuter B...

    At the end of July the Office for National Statistics published the long awaited commuting data from the 2011 Census. It provides an important insight into the ways in which London and its hinterland interact on a daily basis and how these patterns of commuting are changing.  Particularly, it illustrates how the boundaries between London and its neighbours are becoming ever more blurred. One p...

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