The Scottish Government RCGF has been developed in partnership with COSLA and local authorities. It 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.
Call for applications
The call for First Stage applications for projects that can start in 2017/18 is now live. The deadline for applications is 20 June 2016.
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). Applications are not restricted in geography, size or type of project. It will be for applicant organisations to demonstrate that projects fit with the aims and objectives of the fund and can demonstrate clear regeneration outcomes in line with the Scottish Government strategy document Achieving a Sustainable Future and local area regeneration plans.
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 on how to apply and terms of application can be found at http://www.gov.scot/Topics/Built-Environment/regeneration/investment/capitalgrants/rcgf