Greater Manchester Call for Projects
There have been more than 40 expressions of interest submitted in the first stage of the Greater Manchester Call for Projects.
All of these are in the process of being assessed by the Greater Manchester Investment Team to see if they offer a strong opportunity to drive economic growth. The projects that fit Greater Manchester’s priorities will then be asked to prepare a more detailed submission.
The Greater Manchester Combined Authority and Local Enterprise Partnership are still looking for private sector projects that could help deliver the next phase of economic growth in the sub region.
In a first for the
In return, the Greater Manchester Investment Plan will create an investment cycle, enabling businesses to invest in projects that will drive economic growth and generate commercial returns. The investment will then be repaid to replenish the fund for further development. This will move away from dependency on grants and create a mature economy that re-invests in itself to create sustainable growth in input and employment.
The strategy is underpinned by the availability of a range of financial support, totalling more than £100m. These include the Regional Growth Fund, Growing Places Fund, Evergreen Fund, European Regional Development Fund. Each of the funds has different eligibility criteria, which means that a broad spectrum of development propositions can be considered.
As this will be an ongoing process, anyone who has a project that is ready to go can submit an expression of interest to submissions@agma.gov.uk. Further details can be found at www.agma.gov.uk
Enquiries, please contact -
Hayley Nixon
Programme Manager
GM Investment Framework
City Policy
Manchester City Council
PO Box 532, Town Hall,
Manchester, M60 2LA
h.nixon@agma.gov.uk
Tel: 0161 234 1880
