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...

  • New Enterprise Zones – worth all the fuss?

    The dust has settled a little after the 2011 Budget and what’s happening about Enterprise Zones has become a little clearer. I’ve had a good look at the EZ Prospectus published by DCLG and read between the lines (see http://www.communities.gov.uk/documents/localgovernment/pdf/1872724.pdf). What’s the scale of EZs this time round? The Government has announced that there will 21 EZs in England...

  • 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...

  • 39 LEPs to growth?

    Local Enterprise Partnerships or LEPs have now been with us for a couple of years – the Coalition’s big idea on local economic development and growth. As we enter 2013 what does their report card look like and, more importantly, what is their future? Responsibilities but no resources One of the Coalition’s first acts was to abolish the Regional Development Agencies (RDAs). They were liked in...

  • In at the Deep End or Business as Usual for LEPs?...

    The 2014-20 European Structural Funds constitute an enormous opportunity and challenge for Local Enterprise Partnerships (LEPs). Up to now, LEPs have had access to modest lumps of funding from Growing Places and Regional Growth Funds, which are just drops in the stormy economic ocean.  European Structural Fund allocations mean serious money, for every area, every year to 2020. The allocations...

  • EU Structural Fund Allocations: who are the winner...

    Last week’s Ministerial Statement gave us our first view of how the 2014-20 EU Structural Funds for England are set to be shared out over 6 years amongst England’s 39 LEPs.  This is a big deal for the LEPs.  The sums involved far exceed the Growing Places Fund and Regional Growth Fund, and they are seen as an important resource to back the emerging LEP investment and growth strategies.   So wh...

  • 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...

  • 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...

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