South East England Development Agency is Closing on March 31, 2012

The Government has announced that all Regional Development Agencies (RDAs), including SEEDA, will close by 31 March 2012.

Responsibility for economic development and regeneration in England is being passed onto successor bodies, including Local Enterprise Partnerships (LEPs) and central Government departments

Our objective is to ensure a professional and cost effective closure by this date.  We have pledged to work closely with our partners, contractors and stakeholders to ensure that the past and future economic benefits of key programmes and assets continue to deliver the greatest economic value for the South East and value for money for the taxpayer. 

Please click here for more details about our closure plan, transition arrangements and successor organisations.

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Grant for Research & Development

The Grant for Research and Development (GRD) scheme, delivered by SEEDA, is now closed to new applications.  Potential applicants may wish to note that the lead delivery body for a successor scheme from April 2011 onwards, will be the Technology Strategy Board (TSB).

Details of this scheme are published on the TSB's website click here for more information.

 

Claiming Your Grant for Research & Development

If you have been awarded a grant under the Regional Development Agency led scheme you will have received a formal offer letter (contract). All grants are paid in arrears, apart from Research Grant where a payment of 20% of the grant is made upfront.

We recommend submitting claims on a quarterly basis against the actual expenditure defrayed.

If you are ready to claim an instalment of your grant as detailed in your offer letter, please contact the Monitoring Team (details below) who will have written to you when you accepted the grant.

The Monitoring Team will provide details of the information which should be submitted with your claim form. As a guide the information requested is usually:

  • Completed and signed claim form
  • Progress report and gantt chart
  • Itemised list of every single item of expenditure being claimed for using the cost headings of the offer letter (this is an audit requirement)
  • Invoice copies for all items over £100
  • Timesheets showing calculation of staff pay
  • Latest audited/annual accounts, unless already provided, and Management Accounts if the full accounts are more than three months old
  • Independent Accountants report* 

* The Independent Accountants report is required for Research, Development and Exceptional projects as follows:
Micro – not required at any stage
Research – final claim only (to cover full project expenditure)
Development and Exceptional – first and final (final to cover all expenditure since the first claim).

The Business Grants Monitoring Team can be contacted as follows: