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Ex-ante appraisal for ERDF investment into an Urban Development Fund
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Descriptions
The areas of Cheshire and Warrington and Lancashire need to evidence, to the satisfaction of DCLG, the case for distributing ERDF through an Urban Development Fund in accordance with the allocations identified in their European Structural and Investment Fund (ESIF) Strategies. They therefore need to complete an ex-ante appraisal to consider, firstly, the question of whether there is a market failure in the investment priorities that is sufficient to justify the commitment of ERDF funds and, secondly, the nature of the products required to address that market failure (e.g. debt, equity etc). In addition, Cheshire and Warrington are currently considering their investment strategy for deploying £12.1m of recycled Growing Places Fund (GPF). The ex-ante appraisal should therefore also consider to what extent this funding could be deployed to complement potential ERDF eligible developments across Cheshire and Warrington or help address access to finance issues for ERDF ineligible development such as retail and residential schemes.
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CPV Codes
79400000 - Business and management consultancy and related services
66171000 - Financial consultancy services
73200000 - Research and development consultancy services
79300000 - Market and economic research; polling and statistics
Keywords
wealth advisory
financial advice
project roadmap
R&D planning
funding advisory
policy advisory
fiscal consultancy
financial planning
proposal development
management advisory
corporate consulting
investment consulting
process optimization
development oversight
business consultancy
advisory firm services
operational improvement
advisory services
management services
organizational strategy
corporate finance advice
market relevance study
innovation strategy
professional consulting services
commercialization consulting
technology trend analysis
Market and economic research
financial strategy consulting
financial expert guidance
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