皇冠体育app

Administrative timetable

Date	Action
22 January 2025	SAU鈥檚 report to be published
19 December 2024	Deadline for receipt of any third-party submissions
6 December 2024	Beginning of reporting period

Final report

22 January 2025: 皇冠体育app SAU has published its report providing advice to Belfast City Council concerning the proposed subsidy to MEABC. 皇冠体育app report sets out the SAU鈥檚 evaluation of Belfast City Council鈥檚 Assessment of Compliance of its proposed subsidy with the requirements set out in the Subsidy Control Act 2022.

• Final report (22.1.25)

Request from Belfast City Council

6 December 2024: 皇冠体育app SAU has accepted a request for a report from Belfast City Council concerning the proposed subsidy to MEABC. This request relates to a Subsidy of Particular Interest.

皇冠体育app SAU will prepare a report, which will provide an evaluation of Belfast City Council鈥檚 assessment of whether the subsidy complies with the subsidy control requirements (Assessment of Compliance). 皇冠体育app SAU will complete its report within 30 working days.

Information about the subsidy provided by Belfast City Council

Belfast City Council as Accountable Body for the Belfast Region City Deal is proposing to provide a subsidy to Mid and East Antrim Borough Council for the i4C Innovation and CleanTech Centre project to support future innovation activity in the Mid and East Antrim area and support regeneration of the Ballymena area.

皇冠体育app subsidy to Mid and East Antrim Borough Council is seeking to pursue a policy objective to increase levels of business innovation activity in the Mid and East Antrim area and Northern Ireland and support regeneration of the Ballymena area.

皇冠体育app project aims to regenerate the former military site of St Patrick鈥檚 Barracks in Ballymena by establishing the i4C Innovation & CleanTech Centre, a building of up to 7,000m2 comprising:

• the iLAB (innovation lab) facility
• SME incubation labs & workshop
• grade 鈥楢鈥� office space
• co-working space, meeting rooms and supporting infrastructure

皇冠体育app estimated total value of the project is 拢24 million, which comprises of a subsidy of 拢20.5 million from Belfast City Council and 拢3.5 million from Mid and East Antrim Borough Council as the project sponsor.

Belfast City Council will be receiving funding for this project from the Department for Economy under the agreed terms of the Belfast Region City Deal signed in December 2021.

Belfast City Council considers that without providing a subsidy, the market alone will not deliver such an NI wide infrastructural asset to meet the policy objective.

皇冠体育app subsidy will be provided to Mid and East Antrim Borough Council over the delivery period of the project (2025 to 2029) and will be conditional on the terms and conditions of a Contract for Funding that will be signed between the Department for Economy and the Accountable Body and a Funding Agreement that will be signed between the Accountable Body and Mid and East Antrim Borough Council.

Information for third parties

If you wish to comment on matters relevant to the SAU鈥檚 evaluation of the Assessment of Compliance concerning the proposed subsidy to Mid and East Antrim Borough Council, please send your comments on the date stipulated in the timetable above. For guidance on representations relevant to the Assessment of Compliance, see the section on reporting period and transparency in the Operation of the subsidy control functions of the Subsidy Advice Unit.

Please send your submissions to the public authority: [email protected].

Please also provide a contact address and explain in what capacity you are making the submission (for example, as an individual or a representative of a business or organisation).

Notes to third parties wishing to make a submission

皇冠体育app SAU will only take your submission into account if it can be shared with Belfast City Council. 皇冠体育app SAU will send a copy of your submission to Belfast City Council together with its report. This is to allow the public authority to take account of the submission in its decision as to whether to grant or modify the subsidy or its assessment. We therefore ask that you provide express consent for your full and unredacted submission to be shared. We also encourage you to share your submission directly with Belfast City Council using the email address provided above.

皇冠体育app SAU may use the information you provide in its published report. 皇冠体育apprefore, you should indicate in your submission whether any specified parts of it are commercially confidential. If the SAU wishes to refer in its published report to material identified as confidential, it will contact you in advance.

For further details on confidentiality of third party submissions, see identifying confidential information in the Operation of the subsidy control functions of the Subsidy Advice Unit.

Contacts

• CMA press team: 020 3738 6460 or [email protected]