Levelling Up Fund and Capital Project Portfolio
Announced in the UK Budget in March 2021, the Levelling Up Fund (LUF) will invest in infrastructure that improves everyday life across the UK. Nationally, the £4.8 billion fund will support regeneration and town centre investment, local transport projects, and cultural and heritage assets. Projects should be aligned to and support the Government’s Net Zero goals demonstrating low or zero carbon best practice.
Forest of Dean District Council can submit a single bid, or a multiple project bid containing a maximum of 3 interrelated projects seeking up to £20 million capital grant support. If successful, the Council will not be able to submit another bid until 2024/25.
The Council is inviting Expressions of Interest (EOI) for project promoters to flag capital projects that meet the investment themes outlined in the LUF prospectus.
Forest based projects will also need to demonstrate that they meet a local need, provide value for money, are financially sustainable over the longer term, are deliverable and provide a good strategic fit with the Forest of Dean District Council’s corporate plan, local plan and economic recovery plan.
Inclusion in this project portfolio is an indication that the idea has potential, but does not automatically secure support or funding. Creating this pipeline will help us identify and direct projects to in any future 'build it back better' fund opportunities which may arise.
How to submit to the call for expressions of interest
With the tight timescales around the application process, the window for ‘expressions of interest’ from the local community will be open to 23 April. After the window closes the Council will consider the submissions before pulling together a final bid.
Given the strict criteria around the scheme, the council will not be able to take many projects forward with this funding, however, the community is still encouraged to submit their ideas. The council can then consider these in future for other funding if the Levelling Up Fund is not appropriate. All Expressions of Interest must be submitted through the form below. Any other submissions will not be reviewed.
Please note due to the limited time available to submit to the Levelling Up Fund, we are not able to review expressions of interest with individuals or groups prior during the call period, however you may be approached for further information at a later date.
Below you can find links to all the information the Government has released on this project including the criteria the Government have set for the bids: