Home Business and economy Bids invited for share of £458m Single Investment Fund

Bids invited for share of £458m Single Investment Fund

by Gemma Melling

Following approval of the Single Investment Fund (SIF) prospectus at last week’s Liverpool City Region Combined Authority, applications for round one funding are now invited.

The SIF is the key funding tool for the Liverpool City Region, and will address the City Region’s strategic priorities.  Just over £458 million is being invested in the City Region over the next five years as part of the City Region’s Devolution Agreement with the Government.

The Single Investment Fund prospectus will be used to commission and fund key growth projects in areas which include business growth and sector development, research and development, skills development and adult education budget, transport and other infrastructure, regeneration, town centre development and culture.

The application process for phase one of funding is now open.

Find out more about the fund, the prospectus, the levels of funding, who is available to apply and the application process.

Remember you can keep up to date on the latest Liverpool City Region Combined Authority news by following @LiverpoolCRCA on Twitter.