To ask the Scottish Executive what account will be taken of social deprivation when allocating funds from the Town Centre Regeneration Fund.
We have introduced the new £60 million Town Centre Regeneration Fund to help our towns reach their full potential and to support local economies through these challenging economic times. As such there is no specific focus on social deprivation.
All eligible applications will be marked against the following criteria:
1. We live in a Scotland that is the most attractive place for doing business in Europe, and we realise our full economic potential with more and better employment opportunities for our people. Within this, assessors are asked to pay particular attention to leverage rates, additionality, the involvement and support of the business community, job creation and potential to attract future investment for the first criteria;
2. We live in well designed, sustainable places where we are able to access the amenities and services we need. Within this, key factors include the extent to which the project supports the delivery of existing local plans and the extent to which it will improve access to the town centre, and provide the range of services required by the local community;
3. We value and enjoy our built and natural environment and protect and enhance it for future generations;
4. Deliverability, within which we are looking at the readiness of a project and its ability to deliver outcomes quickly, and
5. Sustainability, within which we are looking at the extent and nature of support from other local actors as well as considering whether other funding required to make the project a success is in place.
All applications will receive a score of between zero and five based on the extent to which they meet these criteria. Each will be assessed and scored by two different assessors to ensure fairness, leading to an average score for each criteria. A weighting is then applied to each criteria score to produce an overall score for each application. For the first criteria, the weighting applied is 25; for the second, 20; for the third, nine; for the fourth and fifth, 23. The total weighted score achieved by each application is then used to produce a ranking of bids as a guide to the advisory panel on the extent to which each project might deliver the aims of the fund.