Scottish Government have indicated that the next round of the Regeneration Capital Grant Fund (RCGF) is now open for stage 1 applications.
The Fund has four areas of focus-
- Projects that primarily focus on areas which suffer from high levels of deprivation and disadvantage;
- Projects that demonstrate clear community involvement;
- Projects that will deliver transformational change with strong regeneration outcomes;
- Projects and programmes which have the potential to lever in private sector investment and address long term market failure;
Further details are available below and the associated webpage: https://www.gov.scot/policies/regeneration/capital-investment/. Please note the webpage will not be updated with information on this latest round of the fund until after the Scottish Parliament election. Scottish Government have updated the application form and guidance note which are attached.
In previous rounds of the Fund, the City Council – working in partnership with local organisations including housing associations, regeneration agencies and cultural organisations – secured several millions pounds for a variety of projects. In addition to the criteria above, experience from previous rounds of the RCGF have shown that successful applications meet as many of the following criteria as possible:
- Address a local need for services and/or employment;
- Support from local community organisation(s);
- Support from local elected members;
- Evidence of match funding for capital works;
- Evidence of revenue funding and a viable business plan;
- Bringing Listed buildings or other buildings of merit back into productive use; and
- Being able to spend funding and begin on site between April and December 2022.
The Scottish Government deadline for this first stage of applications is 2pm, Thursday 17th June. Note that submissions are made by the Council rather than individual organisations (projects in the Clyde Gateway area can apply through them). Scottish Government will then shortlist projects for the more detailed Stage 2 application process in October (date TBC).
To allow GCC to review potential applications, and advise on improving them, we require draft applications to be submitted to us no later than 4pm, Tuesday 8th June.
Early engagement, and discussion, is strongly encouraged.
As in previous years, we are expecting a significant number of applications from organisations in the city. GCC will only submit applications that are assessed as having a reasonable chance of being shortlisted, and will prioritise projects that can demonstrate viability (both in terms of delivering the capital project, and the sustainability of the project). Projects that applied and/or were shortlisted in the previous round of RCGF will require to revise and update their application if they wish to be considered this year. Scottish Government’s Guidance Note remains similar to previous rounds of the Fund, though with an added emphasis on climate change and carbon neutrality, and potential applications should consider this. Potential new applicants in particular should closely review the attached Guidance Note which details the information required in an application.