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RGF Round 1 Successes: What can we learn?
The Government announced this month that £450m out of the total £1.4 billion Regional Growth Fund would be allocated to around 50 successful Round 1 bids, subject to due diligence checks. The published information from BIS on successful bids has so far been somewhat limited; however through announcements by successful bidders and local press coverage, we have been able to start to piece togethe...
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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...
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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...
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