All RDAs across England are closing by March 2012
(see transition and closure section).
With our resources reducing steadily, this page has not been recently updated and the information below may not be current.
If in doubt, please contact us directly.
What we invest
The money we have to invest in the region comes from two main
sources:
- Our Government grant, known as ‘the single pot’
- The European Union, through the European Regional Development
Fund and Rural Development Programme for England.
In addition, we generate receipts from some of our activities,
which we recycle for investment in the region.
We will be investing £312 million over the next two years to
help shape the region’s economy. We also manage a further £230m
from European
programmes. This still accounts for less than 1% of the public
expenditure available in the region, so it is vital that we
prioritise our investments and work effectively with others to make
the most of this funding.
Investment plans
The South West RDA announced (8 June 2009) its investment plans
for the next two years, after a major budget review. Details of the
decisions we made are included in the stakeholder
briefing document. This covers our capital investments across
the region. A list of our confirmed capital investment projects
over the next two years was also published: Capital
Projects 2009/11.
Investment approvals
Investments are approved at our monthly board
meetings.
2010
2009
2008
2007