Regulation 4 Approval of application
Any eligible person seeking financial assistance towards the cost of any measure to be undertaken under the programme shall submit an application for approval by the Secretary of State.
An application submitted for approval shall be set out in such form as the Secretary of State may from time to time require and shall include—
sufficient information to show that the measure is to be undertaken by an eligible person;
confirmation that the measure is located within the relevant part of the programme area or is a marketing or promotion measure which relates to a measure so located;
a description of the measure proposed;
a statement that the measure could not proceed without financial assistance under the programme;
sufficient information to show that the measure is likely to—
provide employment opportunities within the relevant part of the programme area; or
increase the income of the eligible person;
confirmation that public funding towards the cost of the measure has not been sought otherwise than under these Regulations and that it is not intended to seek such funding;
a business plan including a 3 year cash flow projection;
a proposed timetable for the work to be undertaken consistent with the business plan and the cash flow projection.
The applicant shall furnish to the Secretary of State such further information and evidence in relation to the application as the Secretary of State reasonably may require.
More than one application may be submitted provided that the total amount of financial assistance to be received by the eligible person in respect of these applications does not exceed the relevant limits mentioned in regulation 7(2).