Apply to the Cardiff Capital Region City Deal Wider Investment Fund
The Cardiff Capital Region (CCR) City Deal Wider Investment Fund (WIF) is open for applications. If you have a project that you genuinely believe will improve the regional economy, we want to hear from you.
The projects are prioritised according to their potential social and economic impact. A project should leverage at least four times the initial investment.
A detailed Assurance Framework arrangement and project assessment process has been developed to assess this impact. The evaluation takes place in four main steps:
- The applicant submits a Strategic Outline Case (SOC) to the Programme Board, who categorises the initial proposal and refers to all four CCR key bodies for initial views of fit with their theme. They will challenge the strategic benefit, value for money and deliverability of the project.
- The applicant prepares an Outline Business Case (OBC). The CCR Cabinet receives global recommendations from the Programme Board, and ultimately decides whether the project can move to the next stage, needs further work, needs an alternative funding route, or is rejected.
- The applicant sends a Full Business Case (FBC) to the Programme Board, which in turn provides the CCR Cabinet with specific financial recommendation.
- If the project is indeed supported, the applicant will have to agree to a Monitoring and Evaluation plan and will receive a letter outlining the conditions awarded.