Regeneration and Renewal, and this blog in particular, has previously (November 2011) questioned government’s approach to Regional Growth Fund (RGF) and their claims for its effectiveness and value-for-money. There is virtually no transparency in the process by which applications have been appraised and approved, and scant assurance on the manner in which jobs created/safeguarded and private sector leverage have been calculated.
With bidding for the next round of funding (worth up to £1billion) due to be launched in February, it is now an appropriate moment to return to government to demand a transparency and accountability for RGF decision-taking and implementation that matches their rhetoric and purported values.





