From
the start of the Objective 1 programme, Ceredigion County Council has
been aware of the problem facing project developers in sourcing match
funding that can be used to lever in European Objective 1 money. To
this end, it has been made available modest sums of capital money for
project applicants to access through the Council's "Request to
Council" (RTC) system. This system is now to be expanded and used
for assigning the National Assembly for Wales' "Local Regeneration
Fund" (LRF) money that has been allocated to the Authority.
As with the Council's money, the LRF is predominantly
capital money, suitable for match funding Objective
1 projects that sit in capital measures. The table
below shows approximate amounts of funds available
by financial year; interested parties should check
with the Council's Ewro Team (Tel.: 01545 572063)
for information on sums remaining unallocated at any
particular time.
Summary of Match Funding finance available through Ceredigion County Council by financial year
| FUNDS - Provisional Amounts | 2004/5 | 2005/06 | 2006/07 | 2007/08 |
| LRF (£) | Fully committed | 24,000 | 535,000 | TBC |
MAKING
AN APPLICATION
The essence of the RTC system is to provide a way
for the Authority to provide a corporate response
to project applicants, (be they from within the Council
itself or from external candidates), seeking the support
of the Authority towards an Objective 1 application.
Requests for support towards a project might be in
several forms:
*
A letter of support
* Officer time
* Capital money
* A combination of any of the above
Potential applicants should in the first instance contact the Council's Ewro Team to discuss the project idea and its suitability for Objective 1 before submitting applications either for Objective 1 or LRF. If, after this discussion, the applicant is happy with the project's suitability then they should proceed through the Objective 1 application process.