Latest RGF bidding closes

There were 76 bids from the North West, more than any other region and 19% of the national total, in the third round of the Regional Growth Fund.

The regional split for the £1bn round was as follows:

Region

Bids

Ask

Number

%

£m

%

North East

71

17%

342

13%

North West

76

19%

362

13%

Yorkshire and Humber

61

15%

345

13%

East Midlands

38

9%

124

5%

West Midlands

57

14%

410

15%

Nationwide

27

7%

565

21%

South East

24

6%

137

5%

South West

40

10%

316

12%

London

6

1%

26

1%

East of England

9

2%

56

2%

Programme/ Project

Programme

126

1421

Project

283

1260

Total

409

2682

The 409 projects, which altogether have bid for £2.68bn will now be assessed by the Independent Advisory Panel, chaired by Lord Heseltine, over the summer. The panel will then make recommendations to a Ministerial Group, led by Deputy Prime Minister Nick Clegg, that will make the final decisions as to which proposals should receive funding.

It is expected that the successful bidders will be announced in the autumn.

Your Comments

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When do we get to find out who has submitted applications? I hope we don’t only get to know who is successful.

By MrD

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