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Summary of RGF first round bids

Applications by Amount Requested

This bar chart summarises the regional growth fund bids by the amount requested. There were 464 bids with a total value of £2.78 billion. There were 19 bids under and/or up to £1,000,000. There were 299 bids in the £1,000,000 to £5,000,000 range. There were 80 bids in the £5,000,000 to £10,000,000 range. There were 24 bids in the £10,000,000 to £15,000,000 range. There were 13 bids in the £15,000,000 to £20,000,000 range. There were 11 bids in the £20,000,000 to £25,000,000 range. There were 18 bids in the £25,000,000 or over range. 

 Amount
Requested

 No. Bids Percentage
of Bids 
 <£1m  19   4% 
 £1-5m  299   64% 
 £5-10m  80   17% 
 £10-15m  24   5% 
 £15-20m  13   3% 
 £20-25m  11  2%
 >£25m  18  4%
Total bids  464
Total value £2.78bn

 

Applications by Area

Summary of the R G F bids by area in percentage terms. 19% of the bids came from the North West. 16%, the West Midlands. 15%, the North East. 13%, the East Midlands. 12%, Yorkshire and The Humber. 8%, the South West. 7%, the South East. 5%, the East of England. 4%, London.

 

Region No. Bids % of Bids 
 North West  89   19%
 West Midlands   72   16%
 North East  69.5   15%
 East Midlands  62  13%
 Yorkshire & The Humber  56.5  12%
 South West  39  8%
 South East  33.4  7%
 East of England  23.6   5% 
 London  19  4%

 

The figures relate to the location where RGF funds will be received, rather than the area over which a project will have an impact.

A single project may cover multiple areas resulting in fractions of bids having been recorded in these results.

Applications - Local Enterprise Partnership (LEP) Area

 

 Local Enterprise Partnership Number
of Bids
 North Eastern  42
 Nottingham, Nottinghamshire, Derby, Derbyshire  38
 Liverpool City Region  32
 Leeds City Region  30
 Tees Valley  27
 Greater Manchester  24
 Birmingham and Solihull with East Staffordshire,
 Lichfield and Tamworth		  21
 Sheffield City Region  21
 Kent-Essex  17
 Stoke-on-Trent and Staffordshire  15
 South East Midlands  14
 Coventry and Warwickshire  12
 Cheshire and Warrington  11
 The Black Country  10
 Leicester and Leicestershire  9
 The Marches Enterprise Partnership - Shropshire and
 Herefordshire		  8 
 West of England  8
 Worcestershire  8 
 Cumbria  7 
 New Anglia  7 
 Solent  7 
 Brighton and Hove, Croydon, the Gatwick Diamond and
 West Sussex - Coast to Capital		  6
 Empowering Enterprise - Cornwall and the Isle of Scilly  6
 Greater Cambridge & Greater Peterborough  6
 Lincolnshire  5
 Hertfordshire  2
 Oxfordshire City Region  2
 Thames Valley Berkshire  2
 Not in a LEP  76

 

The table summarises the locations of bids by the LEP using the location of the project rather than the area over which the project is said to impact.

The results do not indicate the number of projects endorsed by a LEP. Further, because LEPs can overlap in an area, the same project may have been counted in multiple partnerships.  

 

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