1. User Guide

The Formal Call Out is open to organisations operating within Growing Mid Wales priority sectors, including:

• Private enterprise
• The region's two Local Authorities
• Other public sector bodies
• Registered charities

Funding Parameters and Expectations

Projects supported through the Mid Wales Growth Deal (MWGD) are expected to have a total capital cost between £500k and £25 million.

The MWGD may offer viability gap funding—as a last resort—to help secure the overall deliverability of a project.

Applicants must:

• Clearly outline how they intend to finance the remainder of the project's total cost
• Include details of any revenue or development costs that fall outside the capital estimate
• Provide this financial information within the Strategic Application Form

Each project will be subject to an agreed intervention rate, which determines the proportion of funding provided by MWGD.

IMPORTANT: The MWGD contribution will not exceed 40% of the total capital cost.