on UK Grant Schemes of importance to all Manufacturing Industry and to
those Service Sector Companies with a nation-wide facility.
Of interest to ALL companies in the process of planning or considering
any major investment in mainland Great Britain.
REGISTER TODAY to gain immediate FREE
All information submitted will be held
in strict confidence and not divulged to any third party without specific
Click to email us
Headline C O M M E N T
Regional Growth Fund
USE OUR EXPERTISE
to win your bid
Roger Davies says
'The expertise of GRA with more than 20
years experience of working with BIS, formerly DBERR, and previously for many years known as
the Department of Trade and Industry, the DTI, as well
interfacing on clients' behalf with their Officials, and those of the RDA's
in England, the WAG in
Wales (Welsh Asssembly Government), and the Scottish
Executive has often resulted in
grants that can be obtained
and negotiated on the best terms for GRA's world class
global client companies.'
'Do contact us today to evaluate how GRA can best help YOUR
company to reduce project capital costs for new and additional investment with the award
of substantial UK Government grantaid.'
- just click here or email.
- UK Company Grants Resource - Advertising by Google
to GRA Ltd
Growth Resourcing Associates Ltd offers this funding resource on the
Internet, to provide an interactive grant research and CONFIDENTIAL advisory
service to those companies who may wish to seek supplementary UK Government grants
and/or other funding assistance for their qualifying investment projects under
If concluding, after a careful scrutiny of all pertinent facts, that a case
for grant aid has a likely chance of being successful if conducted under GRA's
professional guidance; GRA may then offer to provide their PROFESSIONAL grant
application and negotiation service to ensure the largest potential grant is
obtained. Such work is mostly chargeable on a success ONLY fee basis. (ie NO
WIN - NO FEE).
GRA's specialism lies in preparing
and negotiating successful applications for the newRegional
Growth Fund (RGF), and previous capital investment schemes, Grant
for Business Investment (GBI) known
prior to 1st October 2008 as Selective
Finance for Investment (SFI) in
the English Regions, and before 2004 as Regional
Selective Assistance (RSA) under which name the scheme still runs
in Wales (where RSA Cymru forms an element of the Single
Investment Fund) and in
Scotland. Grant awards obtained are maximised by GRA's in depth knowledge
and tactical skills resulting in substantial offers usually of in excess
and from £1.0M to £3.5M in some instances. (see about
GRA / Success Stories for
GRA's expertise is aimed primarily at UK Manufacturing or Service
sector companies and is very relevant to those overseas companies who are
contemplating setting up or expanding an existing business in the UK perhaps
as an alternative to location in another country. This expertise will also
be applied to help intending applicants for the new Regional Growth Fund achieve
success with this
latest Grant Scheme for the English Regions - a minefield of conflicting criteria
to bridge for the do it yourself to cross without such background knowledge
and experience. GRA has studied RGF in depth and been in
consultations with BIS so as to acquire the necessary skills to formulate winning
bids for RGF Funding.
GRA is happy to provide one-off, or on-going answers to the what if
questions posed when considering the funding of proposed investment or other
business expansion projects: CAN we get a grant? What FUNDING sources are available?
Am I eligible for grant aid? Initial advice is FREE even where an initial visit
is made by one of GRA's team of Area Application Directors.
No fees are incurred either by initial enquiries where
these are by email and the enquiry is of the nature of 'small firm or project
funding'. GRA will still attempt to help and give a considered and useful response
in the first instance. Please provide all requested information by filling
in the form here. Thereafter a chargeable basis may
be established by mutual agreement. Please give fullest information which will
be treated in strict commercial confidence.
Additionality. A term used and interpreted by the grant authority to
meanings held within its discretionary powers as part of satisfying grant specific
criteria in the overall appraisal process for the grant application under consideration.
Without additionality being proven, no offer of grant can be obtained, and it
is therefore crucial to achieve satisfactory proofs within the intellectual
ITS NOT ONLY ABOUT TENNIS CHAMPIONS whom we feature, because of a passion for tennis,
- a sport producing
only one winner per tournament!
ALL CLIENTS ARE WINNERS at GRA
GRA is always on the winning side. We have a philosophy of admiring what it
takes to win in others, most particularly the feats of those sportsmen and women
whose successes we celebrate in our web site. Their efforts to succeed are our
inspiration each day at GRA.
In more than 20 years working to secure the largest possible RGF/ GBI / SFI/
RSA grants for its clients, GRA has never yet failed to get a satisfactory
offer of grant for the project under consideration - our results and the willing
testimonials of our clients speak volumes to new clients.
Often the award of a grant negotiated by GRA has been seen to be such that the
excess over expectation, has more than paid GRA's fee to the delight of the
grant offer recipient. Of course there are no prizes for
coming second when it is remembered that GRA's services are on a 'No win, No
fee' basis. Our determination to win is therefore unceasing.
It was all well summed up in GRA's early days when Hoogovens Aluminium Buildings
Systems Ltd, now part of Tata Steel, then known as the Corus Group, went ahead with an expansion project
at St Helens, with the help of an RSA
grant of £330K negotiated on behalf of the company by GRA.
The then Managing Director, Bill Guest, was completely over the moon with the
efforts of GRA to ensure that the maximum grant requested was obtained in full,
appreciating their desire to win outright for their client's greatest benefit.
When the grant had been confirmed, he insisted in a celebratory lunch as token
of his appreciation.
Bill also wrote a letter to GRA's MD, Roger Davies 'I do feel you have put an inordinate
amount of time and effort in the preparation of the case for the DTI. but the
end result speaks volumes and I would like to thank you on behalf of my company
for the efforts you have put in.'
It is still the case for GRA in 2015, that GRA more than earns its fees within the additional grant sums it succeeds in negotiating for its clients - a WIN for ALL GRA CLIENTS.
176 bids were submitted with a total ask of £817 million. Round 6 winners included JLR in the West Midlands which is among 12 West Midlands firms to share in £54.9 million in this region.
In total £297 million has been awarded across the UK with 63 regional projects being successful - again around 70% of bids failed to be approved - and bringing the total grants awarded to date under RGF to £2.85bn.
A new round 7 is likely to be announced soon since the scheme has been extended by EU to 2020.
RGF Round 6 - Bidding closed 30th Sept - did YOU miss out?'
176 bids seek £817 Million
Round 6 of the Regional Growth Fund opened on 19th June 2014. with £200 million of RGF support on offer to private companies.
Bidders have oversubscribed by more than 4 times the amount on offer, meaning that 75-80% of the applications will be rejected, demonstrating yet again, as in previous RGF rounds how essential it is for a case for grant aid under RGF to be well made.
Those bids that are selected for support will have until March 2017 to draw down the RGF funding which is payable in instalments, usually in proportion to the project cash outflow and jobs created and/or safeguarded, so projects put forward must be capable of completion by this date.
All other criteria of the RGF scheme must be satisfied, and locations of the projects must also qualify under the new Regional State Aid Map which came into operation from 1st July 2014.
Round 6 was focused exclusively on the private sector with the usual minimum bid threshold set at £1 million in grant aid - this could equate to approximately 10% of the capital costs of an investment project under the new state aid rules effective 1st July 2014.
In the latest spending round the Treasury announced in June 2013, that a further £600 million funding was made available for the Regional Growth Fund (RGF) across 2015-16 and 2016-17 to support projects and programmes to create economic growth and sustain private sector employment.
BIS and Treasury Ministers are considering the scope and timings for opening Round 5. £300M has been made available with the focus this time on Companies who wish to invest with the support of £1M or more in RGF grant aid - subject to all conditions of the RGF scheme, and who qualify under State Aid Rules, and successfully demonstrating a clear and winning case for RGF grant aid.
Bidding closed at noon on 9th December so the ideal time to get ready to finally submit a successful bid is NOW - so call or email GRA today. There was again a high number of rejected bids of 80% of all applicants. RGF 4 Closed 20th March 2013 and 60 Winners were announced on 11th July - once more demonstrating a high failure rate out of the total of 221 short listed applicants despite extra funding of £156M being added to the original £350M pot available.
It seemed that the 4th Round of Regional Growth Fund which was declared as open for bids by Nick Clegg on 17th January would be the LAST Chance for RGF. The £350 million fund was announced in the Autumn Statement by Chancellor, George Osborne, and closed for bids on March 20th at noon. There was also to be some further monies available under the AMSCI scheme which was allocated £120M for two further rounds in 2013. The detail of this is similar to RGF rules but intended for Supply Chain companies specifically with some additional related criteria to make a winning case for these funds. Details are available by specific request on this.
Round 3 allocations were announced on 19th October 2012 with 87 project winners receiving grants from the total £1.0B awarded reduced from the original 414 applications received, seeking a total of £2.76 billion. 278 bids had been short-listed with a combined value of just over £2.1billion. The failure rate of 4 out of 5 is line with the results from Round 1 and 2, and underlines the need for a professional approach to ensure success for would be RGF bidders. It is important to remember that all criteria MUST be met including Sate Aid rules compliance, and a rigorous due diligence is undertaken before confirmation of all offers made by BIS in principle. GRA is well versed in all aspects of assisting clients to a winning solution. Please fell free to contact us for an initial no obligation chat..
Round 4 applications have now been summarised by BIS with a total of 221 project bids, and 88 programme bids seeking £1.88M against an allocation for this round of £350K - an 80% failure to win funding is thus indicated. Again it demonstrates the imperative of making an outstanding application within the scope of a professionally produced and advised documentation.
If you were previously a loser, or now have a potential project for RGF funding and want to succeed in a final last chance, you should take the gamble out of the process with our professional support to make a winning bid (we don't take on cases unless we believe they are winnable in our hands)
- then please contact GRA.
Round 3: £1Bn additional RGF
BIDS CLOSED 13th June 2012
Nick Clegg, Deputy Prime Minister announced a third bidding round for the additional £1.0Bn Regional Growth Fund in the 2011 Autumn Statement.
AUGUST 15th 2012 UPDATE:
BIS Announced as follows:
Under Round 3, 414 applications have been received, seeking funding to the total of £2.76 billion. Ministers will seek to allocate the full £1 billion, although further rounds may be considered.
We received applications for both projects and programmes (please see the Glossary for definitions) and the split between them is as follows:
This number of applications is substantial, asking for two and a half times the money that we have available, with a good mix of applications from right across the country.
The initial stage of the appraisal process has now been completed. 278 bids have been short-listed with a combined value of over £2.1billion. The breakdown between projects and programmes is as follows:
Not all short-listed projects and programmes will be funded.
134 projects have been unsuccessful at this stage in the process. Following recommendations from the Independent Advisory Panel, Ministers agreed that these bids did not demonstrate their ability to deliver RGF objectives as strongly as others.
An announcement of the successful bids will be made in the autumn 2012.
ROUND 2 RESULTS
The second round of bidding for the remaining £940M on offer from the Regional Growth
Fund received a total of 492 bids requesting an aggregated amount of £3.3 Billion. The North West of England was the highest of all the regions with 140 bids, accounting for 28 per cent of all the bids received. Overall 330 of the total number of bids received are bidding for between £1 million and £5 million, and the pattern is not too different from Round 1, where 50 successful bidders from the first round shared £450m if passing the final hurdle of due diligence.
Bids have now been evaluated and 119 winning bids have been announced details on the BIS web site here.
With a good in depth experience of how to make a winning RGF application and proven success for clients in Round 2, GRA can help you to be a winner in a Final 4th and last bidding round.
SUMMARY of Second Round
bids published by BIS
The Regional Growth
Fund first bidding
round of applications, which closed on 21st January, was
oversubscribed with 464
bids totalling £2.78 Billion. Interestingly Round 2 seems to be not so different at 492 bids totalling £3.3 Billion although there were many more Public sectors bids as well as programme bids.
Round 1 RGF
Lord Heseltine is
chair of the panel that allocates the RGF grants of one
Million and more from the £3.2bn
fund aimed at boosting regional economies.
The Regional Growth
Fund supports projects in England offering economic growth,
including the creation of jobs, especially in areas heavily reliant
on public-sector employment.
a Tory former deputy prime minister, said: "This
exciting project ... builds on the experiences I've had in helping
people in deprived areas to help themselves and their communities
achieve aspirations that, without schemes of this sort, might be
FUTURE OPPORTUNITIES WILL ARISE TO BID FOR RGFGRANT AID
We are certain there will be further chances to enter winning bids if early preparation is ensured, so take the gamble out by using our professional expertise
If considering a capital spending plan
do check with us first in case your plans might attract substantial
grant aid. Remember we are more than happy to carry out an appraisal
on a FREE of charge
basis to help ascertain the likelihood of your plan attracting
substantial grant aid.