Growing Places
Briefing - 1 August 2012
The Government have delegated Coast to Capital £23m of Growing Places Funding. This will
be used as catalytic funding to bring forward infrastructure and other projects which are
well developed, conceptually, but which are blocked from getting started. The Coast to
Capital Growing Places funds will be used to unlock these projects and the corresponding
investment from other partners.
The first projects to be awarded funding from the Growing Places Fund (GPF) were selected
following an extensive evaluation process by the Coast to Capital Board, which allocated
over £14 million towards them:
Airfield Park, Bognor Regis
i360, Brighton
Caterham Fast Fibre Hubs
Malling Brooks, Lewes
Ruskin Square, Croydon
Coast to Capital is seeking projects that have been stalled, due to the lack of investment, to
come forward. The Board is calling both public and private sectors to take this opportunity
to consider the schemes they may have on their books.
The Coast to Capital Board is looking for projects that will be ready to implement in the short
term and will create or unlock job creation.
Criteria
The Coast to Capital Board has considered the Government's requirements and has
developed a process and criteria that will allow for transparent and objective decision
making.
Firstly, all potential investments in sites and infrastructure must meet our essential criteria.
The project must be:
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Able to contribute to Coast to Capital's strategic goals for employment growth
In the Coast to Capital area.
Unable to go ahead without the investment from the Growing Places Fund
Ready to commence quickly
Able to repay with a clear mechanism
In need of £250,000 or more (special consideration may be given to broadband
projects)
Agreed with the local area partnership
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Environmentally sustainable
For detailed information please download Coast to Capital Fund Criteria for full details.
Project Proposal Summary
If you feel you have a project that meets the criteria please complete the Project Proposal
Summary Document
Timetable
The Growing Places Fund is designed to be a revolving fund, so the process of receiving and
evaluating projects will be an ongoing one. It is the Board's ambition to allocate the
remaining £9m by the end of 2012.
Frequently Asked Questions
There are a series of FAQs available on our website – click here
DCLG Prospectus
The Department for Communities and Local Government (DCLG) and the Department for
Transport (DfT) will jointly administer the Growing Places Fund. We have supplied a
summary of their prospectus here.
If you have any questions please or contact Growing Places Manager, Emma Davies, email
emma.davies@coast2capital.org.uk.