Transforming Towns

2. Amount of funding

Applications will be considered on a case-by-case basis. In circumstances where the project cost is lower than £250,000 an intervention rate of 70% against total project costs will apply. Applications over £250,000 will be considered via Welsh Government strategic funding and the grant intervention rate will be capped at 45%

The amount of funding will be set at the minimum level needed for the project to proceed. There is a limited amount of funds available, and this will be awarded on a competitive basis.