| Regional investment
Selective Finance for Investment in England
How
to apply
SIF applications are administered by the RDAs
If you consider your project needs financial assistance in
order go to ahead in the Assisted Areas,
you should first consult your nearest Business
Link or RDA
about eligibility. If, after this, you want to apply, you will need
to submit:
Larger grant applications
Where assistance requested is £2 million or more, further information
will be required in addition to that required by the application form in
order to undertake a full economic appraisal of the project. Please contact your nearest RDA to discuss further.
Appraisal time-scale
The target time taken for decisions on applications, from the date of receipt
of a fully completed application (including all specified financial information)
is 30 days. Larger more complex cases may take longer than this to appraise.
Appraisal Officers may discuss the project with the applicant or their advisers to seek clarification on further details, and may wish to visit the project location.
Grants are normally released in instalments upon achievement of capital expenditure and job targets which are set out in the formal offer of grant assistance. The targets will be agreed with applicants during the appraisal negotiation and are generally arranged to coincide with the expected progress of the project. All SFI grants are taxable.
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