United Kingdom grant aid


United Kingdom grant aid

The Assisted Areas of Great Britain are based upon a map drawn up and agreed with the European Commission in October 2006. The map was approved by the European Commission in December 2006 and will run from 2007 until 2013.

Under new EU guidelines, the proportion of the UK population covered by Assisted Areas has been reduced from 30.9% in the period from 2000 to 2006, to 23.9% [http://www.dti.gov.uk/files/file34524.pdf] . This reduction is a result of recent EU enlargement and the success of the UK economy in recent years. [http://www.dti.gov.uk/files/file34524.pdf]

The basis of the map is to provide Tier 1 and Tier 2 areas for Regional Selective Assistance grants (RSA), recently re-titled as Selective Finance for Investment in the English Regions (SFI), but remaining as RSA in Wales and Scotland, and additionally large areas of the UK, where a lower level of grant aid can also be made available to Small and Medium companies. These areas are classified as Tier 3 (see tab England Tier 3), - this grant scheme is known as Enterprise Grant Scheme (EGS) for English companies, Assembly Investment Grant (AIG) for Welsh companies and Invest for Growth Scheme (IFG) for Scottish companies.

However, Government Aid can be only be provided by these current grant schemes within the constricts set out the European Commission which among other constraints require a degree of proof that a project will not proceed without the requested grant aid.

England

Responsibility for delivery of the schemes in England is mainly from 1 April that of the Regional Development Agencies for RSA grants, whilst the Small Business Service handles both EGS and SMART, although larger RSA applications still have a direct involvement in the decision taking process by the DTI (over £2M).

cotland

Scotland has its own variant schemes of RSA and the smaller grant, IFG scheme, both administered by the Scottish Executive. Again it should be noted that this is a devolved Department, directly under the auspices of the Scottish Parliament.

Wales

In Wales, both RSA and the new AIG, small grant scheme, are administered by the Welsh Assembly Government (but not the WDA - a common misconception) from offices in Cardiff, Swansea for South Wales, and Colwyn Bay for North Wales areas.

External links

* [http://www.gra-ukgrants.com for more information]


Wikimedia Foundation. 2010.

Look at other dictionaries:

  • United Kingdom — a kingdom in NW Europe, consisting of Great Britain and Northern Ireland: formerly comprising Great Britain and Ireland 1801 1922. 58,610,182; 94,242 sq. mi. (244,100 sq. km). Cap.: London. Abbr.: U.K. Official name, United Kingdom of Great… …   Universalium

  • United Kingdom competition law — Competition law by country G 20 major economies Australia · Canada · China Japan · Russia · United Kingdom United States · European Union …   Wikipedia

  • United Kingdom coalition government (2010–present) — The Conservative – Liberal Democrat coalition is the present Government of the United Kingdom, formed after the 2010 general election. The Conservative Party and the Liberal Democrats entered into discussions which culminated in the 2010… …   Wikipedia

  • Ministry of Justice (United Kingdom) — United Kingdom Ministry of Justice Emblem of the Ministry of Justice Ministerial Department overview Formed 2007 Jurisdiction …   Wikipedia

  • Competition law in the United Kingdom — United Kingdom competition law is affected by both British and European elements. The Competition Act 1998 and the Enterprise Act 2002 are the most important statutes for cases with a purely national dimension. However if the effect of a business …   Wikipedia

  • Devolution in the United Kingdom — United Kingdom This article is part of the series: Politics and government of the United Kingdom …   Wikipedia

  • List of Statutory Instruments of the United Kingdom, 1993 — This is a complete list of all 1844 Statutory Instruments published in the United Kingdom in the year 1993. NOTOC 1 100* Environmental Protection (Controls on Injurious Substances) Regulations 1993 S.I. 1993/1 * Rail Crossing Extinguishment and… …   Wikipedia

  • List of Statutory Instruments of the United Kingdom, 1992 — This is a complete list of all 1922 Statutory Instruments published in the United Kingdom in the year 1992. NOTOC 1 100* North Hull Housing Action Trust (Transfer of Property) Order 1992 S.I. 1992/1 * Merchant Shipping (Radio Installations)… …   Wikipedia

  • List of Statutory Instruments of the United Kingdom, 1997 — This is a complete list of all 1840 Statutory Instruments published in the United Kingdom in the year 1997. NOTOC 1 100* Education (Recognised Bodies) Order 1997 S.I. 1997/1 * Bedfordshire and Hertfordshire Ambulance and Paramedic Service… …   Wikipedia

  • List of Statutory Instruments of the United Kingdom, 1996 — This is a complete list of all 2071 Statutory Instruments published in the United Kingdom in the year 1996. NOTOC 1 100* Insurance Companies (Pension Business)(Transitional Provisions) (Amendment) Regulations 1996 S.I. 1996/1 * Sea Fishing… …   Wikipedia