{"id":47885,"date":"2019-10-07T15:52:13","date_gmt":"2019-10-07T15:52:13","guid":{"rendered":"https:\/\/www.newangliagrowthhub.co.uk\/?p=47885"},"modified":"2021-07-13T15:08:51","modified_gmt":"2021-07-13T14:08:51","slug":"innovative-projects-invited-to-bid-for-revenue-funding","status":"publish","type":"post","link":"https:\/\/bedotdev.com\/newanglia\/innovative-projects-invited-to-bid-for-revenue-funding\/","title":{"rendered":"Innovative projects invited to bid for revenue funding"},"content":{"rendered":"

Innovative projects invited to bid for revenue funding<\/strong><\/h1>\n

New Anglia Local Enterprise Partnership is launching a call for innovative projects which support growth across Norfolk and Suffolk.<\/p>\n

The \u00a31.5million Innovative Projects Fund invites submissions from new revenue projects which help to deliver the ambitions of the Economic Strategy and Local Industrial Strategy.<\/p>\n

Successful projects will have the potential to support the delivery plan for the Economic Strategy for Norfolk and Suffolk on the themes of driving inclusion and skills, our offer to the world, driving business growth and productivity, collaborating to grow and competitive clusters close to global centres.<\/p>\n

The first call of the Innovative Projects Fund was made in October 2018. Schemes awarded funding in that round include Growing the Year Round Economy (led by Visit East of England), a schedule of events on the newly-refurbished Ipswich Corn Hill and work to support the international positioning of Great Yarmouth\u2019s energy sector.<\/p>\n

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This Innovative Projects Fund call brings together \u00a3500,000 from income from the business rates generated by New Anglia LEP\u2019s Enterprise Zones, \u00a3500,000 of pooled business rates from Norfolk local authorities and \u00a3500,000 of pooled business rates from Suffolk local authorities.<\/p>\n

Chris Starkie, Chief Executive of New Anglia Local Enterprise Partnership, said: \u201cThis is a fantastic opportunity for projects to bid for revenue funding to deliver new exciting projects which help to deliver economic growth. We are delighted that local authorities are matching our investment into the Fund through pooled business rates.<\/p>\n

\u201cThe first initiatives to be supported by the Innovative Projects Fund a year ago are already delivering outputs and making a difference so we\u2019re keen for more ambitious schemes to come forward and bid for funding this time.<\/p>\n

\u201cDelivering on the ambitions in the Economic Strategy is key to everything we do and this fund gives ideas which push the boundaries the chance to start making a difference.\u201d<\/p>\n

Interested organisations should contact tanya.nelson@newanglia.co.uk for more information and to request an application form.<\/p>\n

The final deadline for applications is Friday 20 December 2019.<\/p>\n

Project appraisals will take place in January and February 2020, with the announcement of successful projects anticipated to take place in spring 2020.<\/p>\n

Projects must:<\/p>\n

\u2013 Represent new innovative activity;
\n\u2013 Be able to demonstrate their contribution to the delivery of both the Economic Strategy and where applicable the Local Industrial Strategy through direct and indirect outputs;
\n\u2013 Wholly benefit Norfolk or Suffolk residents or businesses;
\n\u2013 Be State Aid compliant;
\n\u2013 Be able to demonstrate the need for funding and the additionality achieved by the funding;
\n\u2013 Plug a funding gap that cannot be met by other grant programmes;
\n\u2013 Be for revenue funding only, although purchase of small plant, equipment etc could be admissible;
\n\u2013 Match funding up to 50% would be an advantage, this can be match funding in kind (e.g., staff time) but must be for new activity (existing staff positions working on the new project must be backfilled);
\n\u2013 Support inclusive growth.<\/p>\n

Read the full guidance for applicants here<\/p>\n

Get the back up your hard
\nwork deserves<\/p>\n

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\nto funding<\/p>\n

Lines are open during office hours. We’ll be ready to take your call.<\/p>\n

Or complete the form above.<\/p>\n

Need advice? Complete this from and one of our support advisers will call you within 48 hours<\/h3>\n

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Get the back up your hard
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Or complete the form above.<\/p>\n

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New Anglia Local Enterprise Partnership is launching a call for innovative projects which support growth across Norfolk and Suffolk.<\/p>\n","protected":false},"author":2,"featured_media":55695,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-47885","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-post-types"],"yoast_head":"\nInnovative projects invited to bid for revenue funding - New Anglia Growth Hub<\/title>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Innovative projects invited to bid for revenue funding - New Anglia Growth Hub\" \/>\n<meta property=\"og:description\" content=\"New Anglia Local Enterprise Partnership is launching a call for innovative projects which support growth across Norfolk and Suffolk.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/bedotdev.com\/newanglia\/innovative-projects-invited-to-bid-for-revenue-funding\/\" \/>\n<meta property=\"og:site_name\" content=\"New Anglia Growth Hub\" \/>\n<meta property=\"article:published_time\" content=\"2019-10-07T15:52:13+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-07-13T14:08:51+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/bedotdev.com\/newanglia\/wp-content\/uploads\/2019\/10\/Innovating-Projects-e1572341456715.png\" \/>\n\t<meta property=\"og:image:width\" content=\"272\" \/>\n\t<meta property=\"og:image:height\" content=\"272\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Site Administrator\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Site Administrator\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/bedotdev.com\/newanglia\/innovative-projects-invited-to-bid-for-revenue-funding\/\",\"url\":\"https:\/\/bedotdev.com\/newanglia\/innovative-projects-invited-to-bid-for-revenue-funding\/\",\"name\":\"Innovative projects invited to bid for revenue funding - 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