Ex-ante appraisal for ERDF investment into an Urban Development Fund

The areas of Cheshire and Warrington and Lancashire need to evidence, to the satisfaction of DCLG, the case for distributing ERDF through an UDF in accordance with the allocations identified in their European Structural and Investment Fund (ESIF) Strategies. They therefore need to complete an ex-ante appraisal to consider, firstly, the question of whether there is a market failure in the investment priorities that is sufficient to justify the commitment of ERDF funds and, secondly, the nature of the products requir...