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Strategic Economic Plan 2014

Date: Monday 26 Jun 2017
Time:

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Call for Expressions of Interest:  Capital Loan opportunity

Date: Friday 23 Jun 2017
Time:

Meeting Information:

There is £9.3 million of capital loan funding available across Kent, Medway, Essex and East Sussex to be allocated to new projects between 2017/18 and 19/20.


If you are interested in applying for a capital loan from the South East LEP / KMEP, an expression of interest (EOI) form must be completed by 10am on Monday 7th August 2017.


Please email sarah.nurden@kent.gov.uk to request a copy of the EOI template, and for full detail background information on the eligibility criteria and assessment process.


In summary, the criteria are as follows:


• The capital loan opportunity is funded via the Growing Places Fund.
• An interest rate will be applied. This will be set at 2% below the PWLB (Public Works Loan Board) maturity rate on the date when the contract is signed. Under the present market conditions, this would mean a 0% interest rate.
• There is a penalty for late repayment. Where projects fail to meet their agreed re-payment schedule, the interest will default back to the market rate.
• The minimum loan value is £250k.
• The maximum loan value is £2million.
• EOIs must be for capital (not revenue) loans.
• The capital loan should unlock economic growth, create jobs and/or build houses. It must align with SELEP’s strategic objectives.
• Applicants must be able to repay the loan by 2022.
• Has matched-funding of 30% (part of the match can be land value, but not all of it).
• The benefits must exceed the project costs.
• The loan must comply with legal requirements.
• Parties successfully awarded funding shall reimburse the accountable body for administrative and monitoring costs incurred. This cost shall not exceed 3% of the total loan claimed by the recipient.

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SELEP Meeting - Friday 9 June, High House Production Park, Purfleet

Date: Friday 09 Jun 2017
Time: 10.00am - 12 noon

Meeting Information:

SELEP - Meeting Papers

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SELEP Meeting - Friday 9 June, High House Production Park, Purfleet
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SELEP Meeting - Friday 9 June, High House Production Park, Purfleet
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SELEP Strategic Board Meeting - Friday 9 June, Appendices and Statement of Accounts

Date: Monday 05 Jun 2017
Time:

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SELEP meeting - Friday 9 June Strategic Board Agenda Pack

Date: Monday 05 Jun 2017
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Register of Interests 2017

Date: Monday 05 Jun 2017
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South East Local Enterprise Partnership Meeting

Date: Monday 05 Jun 2017
Time: 10.00am - 12.00pm

Meeting Information:

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Kent and Medway Economic Partnership Meeting - Tuesday 23 May 2017

Date: Tuesday 23 May 2017
Time: 5.00 - 7.00 pm

Meeting Information:

Inspiration Suite, Village Hotel, Maidstone

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Kent and Medway Economic Partnership Meeting - Tuesday 23 May 2017
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Kent and Medway Economic Partnership Meeting - 23 May 2017

Date: Thursday 18 May 2017
Time:

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KMEP Terms of Reference - Revised 30 March 2017

Date: Thursday 20 Apr 2017
Time:

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