Where Next?
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Where Next?
description
Where Next?. Challenges – a recap. The group has ‘evolved’ over many years Has identity but no formal structure TfL and others wish to work with GM but difficult in absence of structure Potential to tap into significant funding streams currently not utilised - PowerPoint PPT Presentation
Transcript of Where Next?
Where Next?
Challenges – a recap
• The group has ‘evolved’ over many years• Has identity but no formal structure• TfL and others wish to work with GM but
difficult in absence of structure• Potential to tap into significant funding
streams currently not utilised• Opportunity for businesses to tap into
‘economies’ by consolidating resources
Review of Opportunities
• Successful bid to TfL• Seed-funding to determine an appropriate
structure for Golden Mile Transport Group• Was due to start May 2013, should now start
shortly
Phase 1
• Desktop review of options• Present recommended option(s) including
business case• Consult GMTG on options for structure
Phase 2
• Clearly defined, agreed structure for GMTG• Engage and consult with wider business
community• Formalise membership, governance, etc
Phase 3
• Once GMTG is a form of legal entity TfL has committed to provide £30k of funding
• GMTG administration to identify activities or initiatives to benefit members to spend by end of financial year 2013-14
• Provides access to new TfL funding in summer• Opportunities to access other demonstration
and research funding, eg DfT, EU, TfL
Working Group
• Need volunteers to sit on working group help test ideas and assist the initial phase of work?
• Please let me know if you are able to help:Colin [email protected] 193 5432
TfL match funding offer (2014-15)
• Opportunity for business partnerships to bid for matched funding
• Deliver projects which promote sustainable transport initiatives within operating area
• Innovative solutions which deliver clear benefits for businesses
• Must also help TfL to meet its sustainable transport targets
Funding Rationale
• Enable employers and TfL to work towards shared goals for mutual benefit
• Support business community by funding sustainable transport projects they support
• Assist delivery of sustainable transport initiatives, such as cycling, walking, flexible working solutions, sustainable freight, electric vehicles or clean air initiatives
• To benefit London’s environment
Eligibility...
• Don’t need to be a formally recognised BID• Must be an organisation who works to improve
conditions for members within a clearly defined geographical area
• Measures or interventions must be in an accessible location available to all businesses, not solely for the benefit of one organisation
• Submissions will only be considered if they provide a tangible benefit to all members
Key to Success
• Offer novel solutions to promote sustainable urban mobility, and particularly initiatives to target new audiences
• Clearly identify an issue which needs to be addressed, and provide a compelling case as to how the proposal will resolve the problem
• Show how members have been engaged and input into the application process, identifying issues and opportunities in the area and developing unambiguous solutions to them
Funding Criteria
• Matched funding for successful applicants, covering up to 50% of the cost of the project
• Not an opportunity to secure funding for ongoing initiatives or business as usual activities
• Funding will be released from January 2014, either in one instalment or as staged payments, and will need to be spent by the end of March 2015.
Important dates...
• 30th July - deadline for expressions of interest. Need some ideas to test with TfL today!
• 31st October – formal submission deadline
• 30th November – TfL notify successful BIDs
