English regions are divided into the nine RDA's as shown above.
Grant Aid (SFI): Grant Aid of more than £2M is
usually referred to the DTI in London for direct appraisal in consultation
with the relevant regional RDA.
SFI under £2M: Grant Aid of
up £2M is usually appraised by the SFI section of the relevant
RDA in which the project is to take place.
The minimum grant that can be applied for is £10,000, so a company
will need to be spending between £70,000 and £135,000 to
trigger the minimum amount of grant. This will depend on the location
of the project and also the size of the business.
SFI for SME's in Tier 3 areas:For
SME's in Tier 3 areas, for example, if a company employs 200 people and
the project is located in a Tier 3 area, it is eligible to apply for
7.5% of the project costs as an SFI grant. So it would need to be spending £135,000
in capital items to trigger the minimum grant.
Wales has similar aid schemes as the English Regions but delivered
through the Welsh Assembly Government as RSA and AIG.
Scotland's similar aid schemes in the form of RSA and IFG are
delivered by the Scottish Parliament.
Key Grant Areas are:
Tier 1: Articles 87(3)a
Tier 2: Articles 87(3)c
Tier 3: Areas of identified special need agreed with
the European Union in 2007
Click on tabs to go to pages with specific and relevant detail for either England,
Wales or Scotland.