The Greater Lincolnshire LEP allocates funding to support projects that contribute towards delivering our Strategic Economic Plan.

Introduction

Greater Lincolnshire Local Enterprise Partnership has been successful in securing a total of £123.7m Local Growth Funding (LGF) from Central Government through the three rounds of LGF to date. This funding was allocated through a six year Growth Deal (from 1st April 2015 to the 31st March 2021).

To maximise our investment potential the LEP Board has agreed the importance of establishing and maintaining a single pipeline of priority projects.

The development of the pipeline is intended to identify short-term priorities for any unallocated LGF or LGF underspends which may become available in the future and also develop a prioritisation list of projects which will serve as a basis to inform priorities for future funding sources.

This call asks for projects ideas that align to our Strategic Economic Plan (SEP) and emerging Local Industry Strategy (LIS) and that will contribute to economic growth and productivity.

Background

A Capital Growth Programme call for projects was launched in February 2016 for a wide range of strategic projects that would help to deliver the Greater Lincolnshire's Strategic Economic Plan (SEP). This resulted in an approved bid for round three of growth deal. The Strategic Infrastructure Delivery Plan (SIDP) led by our 10 Local Authorities also fed into the bid.

There is currently a good geographical spread of growth deal projects across the Greater Lincolnshire area, and across the priority sectors identified in the SEP. The GL LEP Capital Growth Deal (SLGF) Programme of £123.7 m is currently fully allocated however having an up to date pipeline of projects to consider is extremely important.

When the UK Shared Prosperity Fund is announced by government next year, Greater Lincolnshire will want to have a clear position on the business cases and prioritisation of schemes that will both contribute to the delivery of the SEP and the LIS. We therefore want to be in the position that a strong pipeline is in place by the Spring of 2019.

A call for projects was successfully launched by GLLEP in October 2018 and this resulted in a revised pipeline of 61 schemes being identified in varying stages of development, but we recognise that new project ideas are evolving all the time.

About the Project Pipeline

The pipeline provides the LEP with an understanding of schemes being developed that support our objectives. The Board and associated sector sub-boards strive to respond to the best opportunities by considering partners future aspirations and it helps us build on and develop future strategies to ensure we achieve the best outcome for our area.

Although we have no funding currently available it is imperative that we can respond quickly as funding opportunities arise. We appreciate the work that goes into project development and we want to work with you in ensuring that our most strategic projects can be successful in a competitive environment.

Call for project ideas

Having undertaken a review of our previous investments this call focuses on invitations for strategic projects enabling future LEP investment to be centred on under-invested areas that help to deliver the LIS and SEP, whilst still ensuring that a broad range of ideas across all key sectors are identified and considered.

Our Local Industrial Strategy (LIS) is being developed in partnership with Government to identify the areas in which the UK has a strong competitive advantage and in which Lincolnshire has a pivotal part to play in the future and our related Lincolnshire's Evolving Opportunities publication can be viewed on the GLLEP website.

We are seeking proposals that will boost productivity in Greater Lincolnshire by addressing one or more of the foundations and objectives outlined in the Government’s Industrial Strategy Industrial Strategy, in a way that is relevant to our place.

Emerging Local Industrial Strategy (LIS) priorities identified include:

  • A rural innovation test-bed for energy & water
  • An adaptive ports & logistics industry driving greater connectivity
  • Future proofing the agri-food industry
  • Supporting people to live well for longer in rural areas
  • A high-quality inclusive visitor economy

Cross cutting themes:

  • Skills transition into a changing work environment
  • Maximise the housing contribution to the economy

We would be particularly interested in projects in our strategic priority sectors of;

  • Manufacturing
  • Agri-food and Agri-tech
  • Visitor Economy
  • Low carbon
  • Health and Care
  • Ports and Logistics
  • Digital

Projects responding to and helping deliver against our priority themes in the context of our key sectors would also be of interest. The themes include:

  • Business growth
  • Housing
  • Infrastructure (road and rail)
  • Infrastructure (digital and utility)
  • Place marketing
  • Water management and Energy
  • Skills

Process for Submission

Organisations including private sector businesses, public and third sector organisations operating in the Greater Lincolnshire area are invited to put forward an outline business case for any project they wish to be considered in response to the call criteria.  The outline Business case can be downloaded from our website at Greater Lincolnshire Local Enterprise Partnership

You are asked to complete the outline business case for schemes with the potential to deliver growth and productivity in the Greater Lincolnshire area, taking into account the priorities identified above. In particular, a clear correlation with LIS priorities will need to be demonstrated.

Capital or revenue projects can be submitted but with a minimum grant funding request of £250,000. If your project falls below this threshold but you feel it is strategically important then please contact a member of the team.

We are looking for schemes that fall in to one of two categories:

Category A – Capital projects that can financially complete before March 2020/21

Category B – Capital or revenue projects that can be delivered within the next five years

Both categories must demonstrate value for money and good deliverability.

Applicants are asked to consider the following points when submitting an outline business case:

  • Is the proposed scheme ready for delivery (category A) or will it require further development (Category B)?
  • Are you in a position to develop a full Business Case if invited to do so following initial assessment and scoring
  • Will business case requirements set out in our Assurance Framework be satisfied i.e. leverage and outcomes that demonstrate good value for money
  • Where a project relates to business support. How is it complementarity with the Greater Lincolnshire Growth Hub?
  • When completing the outline business case a clear description and a rationale for the proposed project is expected, particularly regarding:
    • what the need for LEP funding is and how investment will address issues identified in the SEP and Industrial Strategy and contribute to the growth of the Greater Lincolnshire economy
    • evidence to show why the market/private developers/operators cannot progress the scheme without the LEP’s support
    • available data to demonstrate there is demand / need for the project
    • the expected and realistic milestones for planning, clearance, construction and operation of the scheme
    • Does your project deliver jobs, new homes, key infrastructure, or improve skills provision related to our priority sectors.
    • the LEP will not support any projects that are looking for 100% funding therefore broad costings, funding mix and project cash flow must be provided.

Please submit your business case by email in Microsoft Word format by the deadline specified.  It is important that you explain your project in a clear and concise way, highlighting challenges and risks as well as direct outputs and overall impacts.

Assessment

All projects submitted will be assessed with regard to strategic fit, economic case, deliverability and risk and impact on productivity. 

Assessment is a combination of both qualitative and quantitative evidence and is scored against the GLLEP Scoring Matrix by the GLLEP Officers Operational Group, and on occasion by representatives from local strategic advisory groups and external advisors.

A range of Business Case Criteria Descriptions are used and scored against including:

  • Strategic Case - The proposed operation contributes to the needs/opportunities identified by the GLLEP, demonstrates delivering against relevant specific objectives, outputs and results of the relevant priority as identified within the Strategic Economic Plan and emerging Local Industrial Strategy and adds value to and not duplicate existing provision.
  • Economic Case - An assessment of the economic costs and benefits of a proposal to the Greater Lincolnshire area. This will include review of options appraisals, wider impacts and rationale for option choice.
  • Financial Assessment - reviewing cost assumptions and rationales and sources of match funding. The operation must represent value for money. In assessing value for money we will take account of:-
  • Efficiency: the rate/unit costs at which the operation converts inputs to the Fund outputs,
  • Economy: the extent to which the operation will ensure that inputs to the operation are at the minimum costs commensurate with the required quality and
  • Effectiveness: the extent to which the operation contributes to programme output targets, results and/or significant strategic impact at the local level.
  • Deliverability – This will scrutinise that the proposal is deliverable and has clear project management setting out responsibility, governance and reporting arrangements. A robust delivery plan with targeted milestones.  Capability to meet the financial requirements and liabilities of a programme.
  • Risk – This looks at delivery of the service and the risks posed by the option. It looks at risk in its widest sense and covers for example, reputational risk, stakeholder engagement risk, management capability, potential conflict of interests, procurement, state aid etc.

We will review all outline business cases submitted fairly and utilise the experience of a variety of groups including our Strategic Advisory Groups, Greater Lincolnshire Officers Group, Growth Hub, and Strategic Infrastructure Development Programme steering group with a final decision made by the LEP Board as to whether or not a project will be included in the pipeline.

Full details about how the LEP makes decisions are contained within our Assurance Framework.

If you are unsure whether your proposal would be suitable, please contact us for an informal discussion first on greaterlincslep@lincolnshire.gov.uk.

Projects that are prioritised through this process will be added to the GL LEP project pipeline.  

Timetable

Open invitation launched

Friday 12th July 2019

Deadline for Outline business case submissions

Friday 27th September 2019

Assessments and scoring

Category A 30th Sept – 18th Oct 2019

Category B 18th Oct - 31st Oct 2019

Pipeline schemes reviewed and agreed by GL LEP Investment Board

Category A week commencing 28th Oct 2019

Category B 29th November 2019 GLLEP Investment Board Meeting

Project applicants notified if not shortlisted for pipeline

December 2019

 

Please return your completed outline business case no later than midnight Friday 27th September 2019 to: greaterlincslep@lincolnshire.gov.uk.