Organisations including private sector businesses, public and third sector organisations in the Greater Lincolnshire LEP area are invited to put forward an Outline Proposal for any project they wish to be considered in response to the call criteria for the Labour Market Support Fund.
Please be clear on the occupations and sectors your project mostly sits within and the timescales for delivery. Applicants are asked to consider the following points when submitting an outline business case:
- Is the proposed scheme ready for delivery?
- Are you in a position to provide a full proposal if invited to do so following initial assessment and scoring?
- When completing the Outline Business Case, a clear description and a rationale for the proposed project is expected, particularly regarding:
- What the need for grant funding is and how investment will contribute to addressing labour market challenges.
- Evidence to show why the market/organisation cannot progress the scheme without the grant support.
- Available data to demonstrate there is demand/need for the project.
- Where relevant the expected and realistic milestones for delivery and operation of the scheme.
- Where the applicant will be a beneficiary of the scheme the LEP will expect match funding to be provided including broad costings, funding mix and project cash flow.
Please submit your Outline Business Case by email in Microsoft Word format by the deadline specified by using the documents at the foot of this page. 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.
Appendices can be provided where they add value to the Outline Business Case and help broaden understanding of your proposal.
All projects submitted will be assessed with regard to the bespoke criteria provided and consideration of strategic fit, economic case, deliverability and risk and impact.
Assessment is a combination of both qualitative and quantitative evidence and is scored against the GLLEP Scoring Matrix by GLLEP Officers with appropriate external independent advice also being sought.
A range of Business Case Criteria Descriptions are used and scored against including:
- Strategic Case - The proposed initiative contributes to the needs/opportunities identified by the GLLEP, demonstrates labour market related delivery against relevant specific objectives as identified within the Local Skills Report and adds value to not duplicating existing provision.
- Economic Case - An assessment of the costs and benefits of the 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 proposal must represent value for money. In assessing value for money we will take account of efficiency, economy and effectiveness.
- 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 is required as is capability to meet the financial requirements and liabilities of the fund.
- 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, etc.
A final decision on the successful scheme/s will be made by the GL LEP Investment Board. Full details about how the LEP makes decisions are contained within our Local Assurance Framework.
If you are unsure whether your proposal would be suitable, please contact us for an informal discussion first on email@example.com.
Open Call invitation launched Wednesday 16th March 2021
Deadline for Outline Business Case submissions Friday 29th April 2022 by 5pm
Assessments and scoring May 2022
Recommended schemes reviewed by GL LEP
Investment Board and invited for full business case July 2022
Full Business Cases to be submitted August - September 2022
Grant Agreements finalised October - November 2022
Delivery of Activity Begins November/December 2022
Financial Completion of Scheme By 31 December 2025
Please return your completed Outline Business Case to: firstname.lastname@example.org.