Single Assessment Framework
Greater Manchester’s ambition is to be a place of strong economic growth, and prosperity for all. The achievement of this ambition will require local partners to come together to deliver services and projects that support people, businesses and the economy.
As we enter a time of severe resource constraints it is more important than ever that Greater Manchester can show that the investment made provides value for money – both in terms of the outcomes it delivers and, where appropriate, in the returns it generates, which in turn will provide additional sources of funding.
Funding for projects will come from a variety of sources: from the newly announced Regional Growth Fund; from the North West Evergreen Fund; from the European Regional Development Fund or the associated European Social Fund; from local partners pooling resources; or from new streams and sources, such as through Tax Incremental Financing.
The Single Assessment Framework is designed to ensure that the work we do, and the outcomes we create are worth our initial investment. The Framework will assess the expected impact of projects in a clear and transparent way; from the extent to which projects fit with Greater Manchester’s strategic aims and objectives, to the expected GVA benefits; from the impact on worklessness, to the environmental impact of projects. The Single Assessment Framework will analyse the costs, benefits and sustainability of projects to help Greater Manchester to identify the projects that provide the greatest benefits to Greater Manchester. The Framework will ensure that the projects we invest in will help Greater Manchester to achieve its strategic ambitions and that together we are ready to access the funding opportunities that exist – and start delivering.
For more information on the Single Assessment Framework, email our Single Assessment Framework team or contact us on 0161 237 4070.
Updated 5 months ago.
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