Question reference: S3W-29114
- Asked by: Aileen Campbell, MSP for South of Scotland, Scottish National Party
- Date lodged: 19 November 2009
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Current status: Answered by Alex Neil on 1 December 2009
Question
To ask the Scottish Executive how many bids to the Town Centre Regeneration Fund were (a) successful and (b) unsuccessful in each tranche and what the total value of these bids was in each case.
Answer
A total of 132 applications were made to the first round of the Town Centre Regeneration Fund seeking £127 million. Of these, 36 were successful and 96 unsuccessful. In total, £40.5 million was offered to first round applicants. The total value of unsuccessful bids was £76 million.
In the second round, 136 applications were received with a total value of £94 million. Of these, 30 secured funding and the remaining 106 were unsuccessful. Successful bids attracted £19.5 million in funding; the total value of unsuccessful bids was £63 million.