Carmarthenshire Business Flood Infrastructure Fund
Page updated on: 09/01/2024
Carmarthenshire County Council has made available £200,000 capital funding to support strategic projects for businesses that are affected by flooding. The programme has a fixed budget and accordingly the scheme is based on a “challenge” principle. Priority will be given to applications that will provide tangible benefits to the local economy in terms of jobs safeguarded.
This scheme will be operated under the Minimal Financial Assistance (MFA) UK Subsidy Rules.
Eligible Areas / Applications
Eligible projects will be based in areas of Carmarthenshire that have been subject to repeat significant flood events.
Priority will be given to projects where there is a historical risk of flooding, and where there is significant economic impact.
All applicants must be economically and financially viable.
Grants for flood alleviation/protection works will require landowner permission and relevant licences.
Ineligible Works
- Works which have already commenced.
- Temporary interventions
- Repairs & maintenance
Timeline
This grant is now open for applications. There is no closing date but all applications are dealt with on a first come first serve basis
The Levels of Grant
The grant will be based on a maximum of 50% of the total project of the costs.
Other public funding may be sought for the project however applicants will be expected to contribute at least 25% of the total project from their own funds.
The maximum grant is £50,000.
Proposed Assessment Criteria
- Applicants should note that the County Council will be assessing the project against various criteria: -Number of jobs safeguarded.
- Number of businesses benefiting from support.
- Impact of the scheme on future flood incidents.
- Value for money
Application Process
The procedure will consist of a single application process.
Officer /Coordinator will undertake assessment on the project that will include assessment by CCC Flood Manager and present a Panel paper. The grants panel and Council’s Cabinet Member will then assess and consider the individual applications. The applicant will be advised of the decision. No appeals will be considered.
To request an Application form please send an email to: economicdevelopment@carmarthenshire.gov.uk
*See Scheme Guidance for further information
Important: Please read guidelines before applying
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