Irish Regions Office Website

August 04, 2009

BMW Region Gateway & Hub Development Fund

The Border, Midland & Western (BMW) Regional Assembly is to directly manage the allocation of a new EUR17m EU funded capital grant assistance fund available to that region's 5 National Spatial Strategy Gateways (Dundalk; Galway; the Midland Gateway of Athlone-Mullingar-Tullamore; Letterkenny; and Sligo) and 5 Hub Towns (Ballina; Castlebar; Cavan; Monaghan; and Tuam).

This fund, which is allocated from an advance payment of the EU Structural Funds to Ireland, will provide maximum grant assistance of EUR2m per Gateway and EUR1.4m for each Hub Town. Local Authorities applying for support are required to provide 40% non-borrowed match funding from their own resources. Priority will be given in the appraisal process to projects which have a strong economic development rationale with good job creation prospects, and which best encompass and demonstrate appropriate urban design, innovation, appropriate scale and cost effectiveness.

Potential types of capital projects include: urban infrastructure, physical regeneration and renewal, including redevelopment of brown-field sites, sustainable energy and transport initiatives, arts and culture facilities, and the development of cultural and built heritage sites. Activities must be completed by the end of 2010.

Deadline: 20 August
Link

Posted by iroronan at August 4, 2009 11:38 AM