Regeneration Capital Grant Fund (RCGF) now open for applications

The joint COSLA and Scottish Government Regeneration Capital Grant Fund (RCGF) is now open for applications and closes on Monday 20th June.

The fund has an annual budget of £25m to provide financial support to projects that will help to deliver large-scale improvements to deprived areas. It focuses on projects that engage and involve local communities and those that can demonstrate the ability to deliver sustainable regeneration outcomes.

Applications to the fund are made on an annual basis and where justified can potentially cover more than one financial year. The fund is open to all 32 Scottish Local Authorities individually or whether they exercise their functions through Urban Regeneration Companies (URC’s) or other Special Purpose Vehicles (SPV’s).

The fund focuses on:

projects that primarily focus on areas that suffer from high levels of deprivation and disadvantage; demonstrate clear community involvement; deliver large scale transformational change with strong regeneration outcomes; and projects and programmes that can encourage additional investment and address market failure.

Application process

All applications will be subject to scrutiny by the Regeneration Capital Grant Investment Panel which will make final recommendations on projects to be funded.

There will be a two-stage assessment process. Applicants must submit a summary of their project on the form provided at stage one, with successful projects at this stage being invited by the panel to then complete a full stage two application.

Further information 

Further information is available here: http://www.gov.scot/Topics/Built-Environment/regeneration/investment/capitalgrants/rcgf

If you have any questions on the fund it would be helpful if you could email them in the first instance to rcgf@gov.scot  Please enter “request for further information” into the subject heading.

 

 

Article published: 
Fri, 13/05/2016 - 08:52